Energy industry - the best personalized free web-based Email en en Energy industry European markets push higher on strong economic news LONDON (AP) — European markets were buoyed Tuesday by some further good economic news that helped offset the concerns and anguish stoked by the blast in Manchester, England which killed at least 22 people. KEEPING SCORE: In Europe, Germany's DAX was up 0.6 percent at 12,698 while the CAC 40 in France rose 0.8 percent to 5,365. The FTSE 100 index of leadin... Tue, 23 May 2017 12:21:00 GMT 2017-05-23T12:21:00Z Asian shares drift as blast in Manchester rattles investors TOKYO (AP) — Asian shares meandered Tuesday after a strong overnight lead from Wall Street was vanquished by an explosion in Manchester, England, that killed at least 22 people. Police said they were treating it as a terror attack. Oil prices fell back after Monday's rally. KEEPING SCORE: Japan's Nikkei 225 edged 0.1 percent lower to 19,660.03 as the yen ... Tue, 23 May 2017 06:12:00 GMT 2017-05-23T06:12:00Z Asian stocks track Wall St's rally, Europe opens mixed TOKYO (AP) — Global shares were mixed on Monday, with Asian markets cheered by the latest rally on Wall Street and relative quiet in U.S. politics while benchmarks in Europe mostly drifted lower in early trading. KEEPING SCORE: France's CAC was down 0.1 percent in early trading at 5,317.51. Germany's DAX also slipped 0.1 percent, to 12,622.87. Britain's F... Mon, 22 May 2017 08:16:00 GMT 2017-05-22T08:16:00Z Japan exports gain in April; rising oil prices pinch surplus TOKYO (AP) — Japan's exports rose a solid 7.5 percent in April from a year earlier though the trade surplus dropped as higher oil prices pushed the value of imports higher. The figures released Monday were in line with estimates, given a rebound in demand in recent months. Exports totaled 6.3 trillion yen ($56.7 billion) in April and im... Mon, 22 May 2017 03:49:00 GMT 2017-05-22T03:49:00Z Swiss vote to withdraw country from use of nuclear power BERLIN (AP) — Swiss voters are supporting a referendum to withdraw the country from nuclear power in favor of renewable energy. A projection from Sunday's referendum shows a majority of cantons (states) voted for the plan. Under Switzerland's direct democracy system, initiatives need a majority of both cantons and votes to pass. The pro... Sun, 21 May 2017 14:35:00 GMT 2017-05-21T14:35:00Z US pitches plan to Russia to avoid armed conflict in Syria WASHINGTON (AP) — The United States has proposed to Russia a plan for managing an increasingly complex battlefield in Syria's main oil-producing region, where U.S.-backed forces fighting Islamic extremists are in conflict with Russian-backed Syrian forces. Marine Gen. Joseph Dunford declined to describe the proposal in detail, but said the Russian militar... Sat, 20 May 2017 07:23:00 GMT 2017-05-20T07:23:00Z How major US stock market indexes fared on Friday U.S. stocks closed broadly higher Friday, extending the market's modest gains from the day before. Industrial companies led the gainers as investors cheered solid earnings from Deere & Co. and other companies. Banks and materials stocks also rose sharply. Energy companies climbed along with the price of crude oil. On Friday: The Standard & Poor's 500 inde... Fri, 19 May 2017 21:05:00 GMT 2017-05-19T21:05:00Z Russia's Putin pledges to send food to Venezuela CARACAS, Venezuela (AP) — Russia is pledging to send several thousand tons of wheat to Venezuela on a monthly basis, potentially helping alleviate the troubled South American country's food crisis and further tightening relations between the long-time allies. In a telephone conversation Thursday, President Vladimir Putin told his Venezuelan counterpart th... Fri, 19 May 2017 19:51:00 GMT 2017-05-19T19:51:00Z US makes proposal to Russia for managing Syria battlefield WASHINGTON (AP) — The United States has proposed to Russia a plan for managing an increasingly complex battlefield in Syria's main oil-producing region, where U.S.-backed forces fighting Islamic extremists are in conflict with Russian-backed Syrian forces. Marine Gen. Joseph Dunford declined to describe the proposal in detail, but said the Russian militar... Fri, 19 May 2017 19:43:00 GMT 2017-05-19T19:43:00Z Toyota, Nissan, others get behind fuel cell push in Japan TOKYO (AP) — Japan is backing a push for pollution-free vehicles that run on hydrogen and planning to build more hydrogen fueling stations so that fuel-cell vehicles on roads will grow to 40,000 by 2020, from the current handful. The collaboration on fuel cells, announced Friday, brings together 11 companies, including automakers Toyota Motor Corp., Nissa... Fri, 19 May 2017 07:21:00 GMT 2017-05-19T07:21:00Z With waiver, US lets Iran keep getting benefits of nuke deal WASHINGTON (AP) — The Trump administration took a key step Wednesday toward preserving the Obama-era nuclear deal with Iran, coupling the move with fresh ballistic missile sanctions to show it isn't going light on the Islamic republic. The State Department said Iran would continue to enjoy relief from decades-old economic measures punishing Tehran for its... Thu, 18 May 2017 01:51:00 GMT 2017-05-18T01:51:00Z Global stocks higher after Wall Street spurt BEIJING (AP) — Global stock markets were mostly higher Tuesday despite weaker Chinese economic data after Wall Street's spurt on higher oil prices. KEEPING SCORE: London's FTSE 100 rose 0.3 percent to 7,476.65 and Germany's DAX was unchanged at 12,811.81. France's CAC-40 lost 0.4 percent to 5,395.75. On Monday, the DAX and FTSE 100 rose 0.3 percent while the CAC-40 gained 0.... Tue, 16 May 2017 08:52:00 GMT 2017-05-16T08:52:00Z Asian stocks mixed after Wall Street rise BEIJING (AP) — Chinese stocks sank Tuesday after April economic activity weakened and other major Asian markets were little-changed following Wall Street's spurt on higher oil prices. KEEPING SCORE: The Shanghai Composite Index fell 0.7 percent to 3,068.24 points and Hong Kong's Hang Seng lost 0.5 percent to 25,238.96. Tokyo's Nikkei 225 gained 0.2 percent to 19,904.17 and S... Tue, 16 May 2017 03:55:00 GMT 2017-05-16T03:55:00Z Markets Right Now: More record highs as US indexes gain The latest on developments in financial markets (All times local): 4:00 p.m. Stocks are closing broadly higher on Wall Street, bringing more record high closes for major indexes. Materials companies, banks and oil and gas companies posted solid gains Monday. Halliburton rose 3.7 percent. Cybersecuri... Mon, 15 May 2017 20:09:00 GMT 2017-05-15T20:09:00Z Markets keep cyberattack and North Korea concerns in check LONDON (AP) — Financial markets on Monday brushed aside worries over the "WannaCry" ransomware cyberattack as well as another missile test from North Korea. Oil prices spiked higher amid growing speculation that last year's production cut will be extended into 2018. KEEPING SCORE: In Europe, Britain's FTSE 100 added 0.1 percent to 7,444, just short of its... Mon, 15 May 2017 12:44:00 GMT 2017-05-15T12:44:00Z Russia, Saudi Arabia back extension of oil output cuts MOSCOW (AP) — Russia and Saudi Arabia said Monday they want to extend oil production cuts through the first quarter of 2018, in a move the two major producers say would support the market price. Oil prices rose on the announcement that the countries want to extend the deal, which encompasses both nations in the Organization of the Petroleum Exporting Countries and some non-O... Mon, 15 May 2017 11:13:00 GMT 2017-05-15T11:13:00Z The Latest: Researcher who helped halt cyberattack applauded LONDON (AP) — The Latest on the global cyberattack (all times local): 9:25 p.m. Cybersecurity officials in Britain have applauded a young researcher for helping halt the global ransomware cyberattack. In a post on its website, Britain's National Cyber Security Center said that by registering a domain name that unexpec... Sun, 14 May 2017 01:31:00 GMT 2017-05-14T01:31:00Z Historic tomb moved to make way for dam in Turkey ISTANBUL (AP) — An enormous 15th-century tomb in Turkey's southeast has been moved to make way for a hydroelectric dam on the Tigris river. Turkey's official Anadolu news agency said the domed Zeynel Bey Tomb, weighing 1,100 tons, was moved in one piece Friday in four hours, traveling two kilometers (more than a mile) on a large wheeled platform. ... Fri, 12 May 2017 15:08:00 GMT 2017-05-12T15:08:00Z World stocks mixed on Trump fallout, watch G-7 meeting HONG KONG (AP) — World stocks were mixed Friday amid U.S. political uncertainties following President Donald Trump's dismissal of the FBI chief. Investors also were cautious ahead of a meeting of finance ministers from wealthy nations to discuss economic growth, while Chinese markets rose after news of a trade deal with Washington. KEEPING SCORE: In Europ... Fri, 12 May 2017 12:08:00 GMT 2017-05-12T12:08:00Z Trade deal feeds China taste for beef, won't close deficit BEIJING (AP) — A new China-U.S. trade deal will help sate the growing Chinese appetite for beef and allow more natural gas imports to fuel the country's expanding economy, but it steers clear of bigger issues that would have more substantial impact on the U.S. trade deficit. The agreement announced on Friday Beijing time appears a step toward easing disco... Fri, 12 May 2017 10:59:00 GMT 2017-05-12T10:59:00Z Asian stocks mostly lower as Trump uncertainty weighs HONG KONG (AP) — Asian stock markets were mostly lower Friday amid U.S. political uncertainties following President Donald Trump's dismissal of the FBI chief. Investors also were cautious ahead of a meeting of finance ministers from wealthy nations to discuss economic growth. But Chinese markets rose after news of a new trade deal with Washington. KEEPING... Fri, 12 May 2017 06:44:00 GMT 2017-05-12T06:44:00Z The Latest: Tillerson: US reviewing climate change policy FAIRBANKS, Alaska (AP) — The Latest on a meeting of the Arctic Council (all times local): 1:30 p.m. Arctic nations have approved a document calling for global action to address climate change. But U.S. Secretary of State Rex Tillerson says his country continues to review its own policies. Tillerson spoke Thursday in F... Thu, 11 May 2017 21:30:00 GMT 2017-05-11T21:30:00Z Markets Right Now: Retailers lead US stocks indexes lower The latest on developments in financial markets (All times local): 4:00 p.m. Stocks are closing broadly lower as a number of retailers drop after reporting disappointing results. Macy's plunged 17 percent Thursday after the struggling department store operator reported lower sales as more people shop online. ... Thu, 11 May 2017 20:08:00 GMT 2017-05-11T20:08:00Z UN envoy: Cyprus peace talks at risk from possible 'crisis' NICOSIA, Cyprus (AP) — Talks aimed at reunifying ethnically divided Cyprus are at risk of collapse because of a possible "international crisis," a United Nations envoy said Thursday, amid tensions over oil and gas exploration off the east Mediterranean island. Espen Barth Eide said that "we may be looking forward to rather dramatic times" and urged everyo... Thu, 11 May 2017 12:24:00 GMT 2017-05-11T12:24:00Z Global stocks turn lower while oil keeps recovering SEOUL, South Korea (AP) — Global stocks turned lower Thursday, while oil prices kept recovering from their recent slump and the pound fell after the Bank of England forecast weaker growth in Britain. KEEPING SCORE: Britain's FTSE shed early gains to trade down 0.1 percent at 7,382 while France's CAC 40 edged down 0.4 percent to 5,380. Germany's DAX fell 0.3 percent to 12,722... Thu, 11 May 2017 12:20:00 GMT 2017-05-11T12:20:00Z Moller-Maersk profit up as oil unit improves, shipping lags COPENHAGEN, Denmark (AP) — Danish shipping and oil group A.P. Moller-Maersk says its first-quarter profit increased by 19.1 percent to $253 million, partly thanks to an improvement at the energy division. Revenue of $8.96 billion was just higher than in the same period a year earlier. Chief Executive Soeren Skou said the Maersk Oil unit delivered strong e... Thu, 11 May 2017 08:10:00 GMT 2017-05-11T08:10:00Z How major US stock market indexes fared on Wednesday Energy companies jumped with the price of oil Wednesday, but overall, stocks finished only slightly higher as a quiet week of trading continued. On Wednesday: The Standard & Poor's 500 index added 2.71 points, or 0.1 percent, to 2,399.63. The Dow Jones industrial average fell 32.67 points, or 0.2 percent, to 20,943.11... Wed, 10 May 2017 20:32:00 GMT 2017-05-10T20:32:00Z Ancient site discovery in Albania halts work on gas pipeline TIRANA, Albania (AP) — Work on building a massive gas pipeline through southeastern Europe has been suspended after the discovery of an ancient settlement in eastern Albania, the Trans Adriatic Pipeline company said Wednesday. The contractor says a "wealth of ceramics" was found in the village of Turan in eastern Albania. The findings are believed to date... Wed, 10 May 2017 11:52:00 GMT 2017-05-10T11:52:00Z Cyprus: Turkey's gas search 'threats' could sink peace talks NICOSIA, Cyprus (AP) — The spokesman for Cyprus' government says Turkey's "threats" to prevent oil and gas exploration off the ethnically divided island could be designed to scuttle ongoing reunification talks. Spokesman Nicos Christodoulides said Monday that Turkey's actions were further hampering peace talks that are being held in a climate that "essent... Mon, 08 May 2017 17:54:00 GMT 2017-05-08T17:54:00Z AP WAS THERE: The airship Hindenburg bursts into flames EDITOR'S NOTE: On May 6, 1937, the German airship Hindenburg burst into flames at Lakehurst Naval Air Station in New Jersey. Thirty-five people aboard and one person on the ground died. For Saturday's 80th anniversary, the AP is republishing a version of its original coverage. Its silvery bulk shattered by a terrific explosion, the Germ... Sat, 06 May 2017 04:37:00 GMT 2017-05-06T04:37:00Z