Energy industry

August 03, 2020 - 11:04 am
SAN JUAN, Puerto Rico (AP) — The CEO of Puerto Rico’s state-owned power company is resigning as thousands of clients remain without electricity since last week’s tropical storm that further weakened a grid still trying to recover from previous hurricanes and earthquakes, officials said Monday. José...
Read More
August 02, 2020 - 3:38 pm
MEXICO CITY (AP) — Mexican police and military forces on Sunday arrested the leader of the Santa Rosa de Lima gang who spread violence through north-central Mexico and fought a years-long bloody turf battle with the Jalisco cartel. The armed forces and officials in the state of Guanajuato said they...
Read More
FILE - In this June 30, 2020, file photo Rep. Adam Schiff, D-Calif., Chairman of the House Intelligence Committee, right, listens as Rep. Eliot Engel, D-N.Y., Chairman of the House Committee on Foreign Affairs, speaks during a news conference on Capitol Hill, after a meeting at the White House in Washington. The House Foreign Affairs Committee has subpoenaed Secretary of State Mike Pompeo for documents he turned over to a Senate panel that is investigating Hunter Biden, the son of Democratic presidential candidate Joe Biden. Engel said Friday, July 31, he had issued the subpoena as part an investigation into Pompeo's “apparent use of Department of State resources to advance a political smear of former Vice President Joe Biden.” (AP Photo/Alex Brandon, File)
July 31, 2020 - 1:29 pm
WASHINGTON (AP) — The House Foreign Affairs Committee has subpoenaed Secretary of State Mike Pompeo for documents he turned over to a Senate panel that is investigating Hunter Biden, a son of Democratic presidential candidate Joe Biden. Committee Chair Eliot Engel said Friday he had issued the...
Read More
FILE - In this April 23, 2018, file photo, the logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. Exxon lost $1.1 billion in the second quarter, Friday, July 31, 2020, its economic pain deepening as the pandemic kept households on lockdown, diminishing the need for oil around the world. (AP Photo/Richard Drew, File)
July 31, 2020 - 9:32 am
NEW YORK (AP) — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminished around the world. Exxon lost $1.1 billion in the second quarter, and the Irving,...
Read More
A man lifts his arm as he walks by the New York Stock Exchange, Thursday, July 30, 2020. Stocks are falling on Wall Street Thursday after reports showed that layoffs are continuing at a stubborn pace and that the U.S. economy contracted at a nearly 33% annual rate in the spring. (AP Photo/Mark Lennihan)
July 30, 2020 - 2:09 pm
NEW YORK (AP) — Most of Wall Street stumbled Thursday, but yet another rise for big technology stocks helped keep the market’s losses in check. The S&P 500 dropped 12.22 points, or 0.4%, to 3,246.22, with nearly three out of four stocks in the index falling. Among the hardest-hit were oil...
Read More
Secretary of State Mike Pompeo testifies during a Senate Foreign Relations committee hearing on the State Department's 2021 budget on Capitol Hill Thursday, July 30, 2020, in Washington. (Greg Nash/Pool via AP)
July 30, 2020 - 9:53 am
WASHINGTON (AP) — Secretary of State Mike Pompeo said Thursday that he and his team have warned Russian officials about all threats that Russia poses to Americans and U.S. interests in various parts of the world. Pompeo also defended the Trump administration's tough line on China, saying the...
Read More
July 30, 2020 - 12:17 am
LONDON (AP) — Royal Dutch Shell said Thursday that its second-quarter earnings plunged 82% as the COVID-19 pandemic slashed energy prices and demand. Shell reported that adjusted profit, which excludes one-time items and changes in the value of inventories, dropped to $638 million from $3.46...
Read More
President Donald Trump adjusts his jacket as he stands with Double Eagle Energy co-CEOs Cody Campbell, left, and John Sellers, right before viewing the Double Eagle Energy Oil Rig, Wednesday, July 29, 2020, in Midland, Texas. (AP Photo/Evan Vucci)
July 29, 2020 - 5:21 pm
MIDLAND, Texas (AP) — President Donald Trump took sweeping digs at “crazy left radical Democrats” on a trip Wednesday to the fracking fields of West Texas, launching unsubstantiated claims that a Democratic administration would destroy everything from the country's suburbs to the U.S. energy...
Read More
FILE - This April 26, 2020, file photo shows empty lanes of the 110 Arroyo Seco Parkway that leads to downtown Los Angeles during the coronavirus outbreak in Los Angeles, Calif. A record drop in U.S. energy consumption this spring was driven by less demand for coal that's burned for electricity and oil that's refined into gasoline and jet fuel. (AP Photo/Mark J. Terrill, File)
July 29, 2020 - 11:31 am
BILLINGS, Mont. (AP) — U.S. energy consumption plummeted to its lowest level in more than 30 years this spring as the nation’s economy largely shut down because of the coronavirus, federal officials reported Wednesday. The drop was driven by less demand for coal that is burned for electricity and...
Read More
Assembly hall at the construction site of the ITER ( the International Thermonuclear Experimental Reactor), where components for the ITER Tokamak will be pre-assembled before integration into the machine in the CEN of Cadarache, in Saint-Paul-Lez-Durance, southern France, Tuesday, July 28, 2020. A project of daunting proportions and giant ambitions replicating the energy of the sun is entering a critical phase as scientists and technicians begin piecing together massive parts built around the globe of a nuclear fusion device, an experiment aimed at showing that clean energy, free of carbon emissions, can keep our planet humming. (AP Photo/Daniel Cole)
July 28, 2020 - 10:44 am
PARIS (AP) — A hugely ambitious project to replicate the energy of the sun is entering a critical phase, as scientists and technicians in southern France begin assembling giant parts of a nuclear fusion device, an international experiment aimed to develop the ultimate clean energy source. World...
Read More

Pages