Energy industry

A worker pushed s trash can on a largely empty Bourbon Street, due to the coronavirus pandemic, in the French Quarter of New Orleans, Tuesday, May 12, 2020. Attempts to curb the spread of COVID-19 have visited a kind of triple economic whammy on the state. (AP Photo/Gerald Herbert)
May 17, 2020 - 8:58 am
NEW ORLEANS (AP) — Every Labor Day weekend, St. Mary Parish celebrates two industries at a tourist event with a seemingly improbable title: the Louisiana Shrimp and Petroleum Festival. With a shrimp in a hard hat clinging to an oil derrick as its logo, the festival may the best example of how...
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Los Angeles Fire Department firefighters push ambulance cots at the scene of a structure fire that injured multiple firefighters, according to a fire department spokesman, Saturday, May 16, 2020, in Los Angeles. (AP Photo/Damian Dovarganes)
May 17, 2020 - 7:39 am
LOS ANGELES (AP) — An explosion Saturday at a hash oil manufacturer in downtown Los Angeles injured 11 firefighters who had gone inside and on the roof to try to knock down a fire and then had to run for their lives when a ball of flames shot out the building and scorched a fire truck across the...
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A currency trader talks near screens at the foreign exchange dealing room in Seoul, South Korea, Friday, May 15, 2020. Asian shares were mixed Friday as markets meandered on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus. (AP Photo/Lee Jin-man)
May 15, 2020 - 4:48 pm
Stocks managed to close modestly higher on Wall Street Friday after a day of wobbling between gains and losses. The S&P 500 rose 0.4%. The index still wound up with its biggest weekly drop since late March. The market’s enthusiasm was checked by yet more grim data showing how badly the...
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May 14, 2020 - 11:39 am
COPENHAGEN, Denmark (AP) — Norway’s wealth fund, which wants to become one of the most ethical investors in the world, is dropping its investment in several major mining and fossil fuel companies after they failed to meet its environmental standards. The list also included Germany utility giant and...
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FILE - This undated file photo shows the Trans-Alaska pipeline and pump station north of Fairbanks, Alaska. The future of Alaska's unique program of paying residents an annual check is in question, with oil prices low and an economy struggling during the coronavirus pandemic. (AP Photo/Al Grillo, File)
May 14, 2020 - 9:41 am
JUNEAU, Alaska (AP) — Alaska has no income or statewide sales taxes, and it cuts residents a check every year from its oil wealth. But the future of that unique payout is in question amid low oil prices and an economy battered by the coronavirus pandemic. The size of the check — expected to be...
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In this satellite photo provided by Maxar Technologies, the Iranian naval support vessel Konarak, center, is tied up at the port in Konarak, Iran, on Monday, May 11, 2020. A missile fired during an Iranian military training exercise mistakenly struck the naval vessel instead of its intended target in waters near the strategic Strait of Hormuz, killing and wounding a number of sailors, Iranian authorities said Monday. (Maxar Technologies via AP)
May 14, 2020 - 6:28 am
DUBAI, United Arab Emirates (AP) — The U.S. military offered condolences Thursday to Iran over a friendly fire incident in the Islamic Republic that saw an Iranian missile kill 19 Iranian troops, identifying the weapon that detonated as an anti-ship cruise missile. Iranian authorities on Monday...
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Angie Moorefield unfolds material to begin sewing a disposable gown at Burlington Medical in Newport News Wednesday, May 6, 2020. The manufacturing business recently shifted from producing radiation protection gear for medical facilities to in-demand personal protective equipment such as masks, gowns and plastic face shields. (Jonathon Gruenke/The Virginian-Pilot via AP)
May 13, 2020 - 9:31 am
WASHINGTON (AP) — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential threat of deflation in the United States. The Labor Department said Wednesday that its producer price index, which measures inflation before it reaches the...
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May 11, 2020 - 8:26 pm
BILLINGS, Mont. (AP) — The Trump administration on Monday moved to block a Washington state law that imposed safety restrictions on oil shipments by rail following a string of explosive accidents. The Department of Transportation determined federal law preempts the Washington rules adopted last...
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FILE - In this April 4, 2008 file photo, Marines wait for a desert tortoise, endangered and protected by federal law from harm or harassment, to move off the road at the U.S. Marine Corps' Air Ground Combat Center at Twentynine Palms, Calif. The Trump administration has given final approval to the largest solar energy project in the U.S. and one of the biggest in the world despite objections from conservationists who say it will destroy habitat critical to the survival of the threatened Mojave desert tortoise in southern Nevada. (AP Photo/Reed Saxon, File)
May 11, 2020 - 6:57 pm
RENO, Nev. (AP) — The Trump administration announced final approval Monday of the largest solar energy project in the U.S. and one of the biggest in the world despite objections from conservationists who say it will destroy thousands of acres of habitat critical to the survival of the threatened...
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A man wearing a face mask walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, May 11, 2020. Asian stock markets are higher after Wall Street advanced as investors looked past dismal U.S. jobs and other data toward hopes for a global recovery from the coronavirus pandemic.(AP Photo/Eugene Hoshiko)
May 11, 2020 - 5:27 pm
NEW YORK (AP) — Stocks are opening lower on Wall Street as hard questions remain over how and when states will reopen following widespread shutdowns put in place to slow the coronavirus pandemic. The S&P 500 index fell 0.8% in the first few minutes of trading Monday. Marriott fell after the...
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