Energy industry

FILE - In this May 11, 2017, file photo, newly hired Buffalo Sabres' General Manager Jason Botterill, center, flanked by Terry and Kim Pegula, displays his Sabres jersey at First Niagara Center in Buffalo, N.Y. The Buffalo Sabres fired general manager Jason Botterill on Tuesday, June 16, 2020, in a dramatic change-of-course three weeks after co-owner Kim Pegula said his job was secure. In announcing the decision, the Sabres promoted senior vice president of business administration Kevyn Adams as Botterill’s successor. (AP Photo/John Wawrow, FIle)
June 16, 2020 - 11:40 pm
BUFFALO, N.Y. (AP) — Buffalo Sabres owners Terry and Kim Pegula reversed course by firing general manager Jason Botterill on Tuesday as part of a drastic cost-cutting purge of front-office staff and scouts on a team preparing to sit idle for what could be the remainder of the calendar year. The...
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Elderly residents wearing masks to curb the spread of the coronavirus wait at a bus stop with a map of Beijing near a neighborhood under lockdown in Beijing Tuesday, June 16, 2020. Chinese authorities locked down a third neighborhood in Beijing on Tuesday as they rushed to prevent the spread of a new coronavirus outbreak that has infected more than 100 people in a country that appeared to have largely contained the virus. (AP Photo/Ng Han Guan)
June 16, 2020 - 9:58 pm
WELLINGTON, New Zealand — New Zealand Prime Minister Jacinda Ardern has assigned a top military leader to oversee the nation’s border quarantine measures after what she described as an “unacceptable failure” by health officials in allowing two women who had recently returned from London to leave...
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FILE - In this Feb. 7, 2019, file photo, Christina Taft, the daughter of Camp Fire victim Victoria Taft, displays a collage of photos of her mother, at the burned out ruins of the Paradise, Calif., home where she died in 2018. Pacific Gas & Electric officials are to be expected to appear in court Tuesday, June 16, 2020, to plead guilty for the deadly wildfire that nearly wiped out the Northern California town of Paradise in 2018. (AP Photo/Rich Pedroncelli, File)
June 16, 2020 - 5:03 pm
Pacific Gas & Electric confessed Tuesday to killing 84 people in one of the most devastating wildfires in recent U.S. history during a dramatic court hearing punctuated by a promise from the company's outgoing CEO that the nation's largest utility will never again put profits ahead of safety...
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Butte County Superior Court Judge Michael Deems discusses the felony charges against PG&E Corp., regarding the deaths of 84 people in a 2018 wildfire that wiped out the town of Paradise, during a hearing in Chico, Calif., Tuesday, June 16, 2020. PG&E CEO Bill Johnson entered guilty pleas on behalf of the company for 84 felony counts of involuntary manslaughter stemming from the fire which was blamed on the company's crumbling electrical grid.(AP Photo/Rich Pedroncelli, Pool)
June 16, 2020 - 4:11 pm
SAN FRANCISCO (AP) — A scathing grand jury report released Tuesday after a 2018 Northern California wildfire killed 85 people found that Pacific Gas & Electric officials repeatedly ignored warnings about its failing power lines, performed inadequate inspections to focus on profits and refused...
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June 16, 2020 - 1:12 pm
HELENA, Mont. (AP) — The Trump administration has asked the U.S. Supreme Court to revive a permit program that would allow the disputed Keystone XL pipeline and other new oil and gas pipelines to cross waterways with little review. Earlier this year, a Montana judge suspended the U.S. Army Corps of...
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The Supreme Court is seen in Washington, early Monday, June 15, 2020. (AP Photo/J. Scott Applewhite)
June 15, 2020 - 12:13 pm
WASHINGTON (AP) — The Supreme Court on Monday paved the way for a critical permit for a proposed natural gas pipeline that would cross under the Appalachian Trail, siding with energy companies and the Trump administration. The justices ruled 7-2 to reverse a lower court ruling that had thrown out...
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FILE - This Tuesday, Aug. 1, 2017 file photo shows the BP logo at a petrol station in London. Energy company BP is writing off as much as $17.5 billion from its oil and gas assets and will review its plans to develop oil wells as the COVID-19 pandemic accelerates its goal of decreasing its reliance on fossil fuels. (AP Photo/Caroline Spiezio, File)
June 15, 2020 - 7:28 am
LONDON (AP) — Energy company BP is writing down its oil and gas assets by as much as $17.5 billion and will review its plans to develop oil wells as the shock to the industry and world demand from the COVID-19 pandemic pushes major producers to consider a faster shift away from fossil fuels. Chief...
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June 13, 2020 - 9:24 pm
MIAMI (AP) — Venezuela on Saturday demanded the release of a government-connected businessman who was detained in Cape Verde on U.S. corruption charges, calling his arrest an illegal act of aggression by the Trump administration aimed at piling new hardships on the crisis-wracked oil nation. Alex...
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Ukraine's Anti-Corruption Prosecutor Nazar Kholodnytsky, left, and National Anti-Corruption Bureau chief Artem Sytnik at a pile of USD 6 million in plastic bags during a briefing in an anti-corruption prosecutor's office in Kyiv, Ukraine, Saturday, June 13, 2020. Ukrainian authorities say they have intercepted a USD 6 million bribe attempt at dropping a criminal investigation against the head of the Burisma natural gas company where former US Vice President Joe Biden's son once held a board seat. (AP Photo/Efrem Lukatsky)
June 13, 2020 - 8:59 am
MOSCOW (AP) — Ukrainian authorities said Saturday they intercepted an attempt to offer a $6 million bribe in return for the dropping of a criminal investigation into the head of a natural gas company where the son of former U.S. Vice President Joe Biden once held a board seat. At a news conference...
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A currency trader walks by a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 11, 2020. Asian shares were mostly lower Thursday, with Tokyo dropping more than 1% as the Japanese yen gained after the Federal Reserve said it would keep interest rates low through 2022. (AP Photo/Lee Jin-man)
June 11, 2020 - 4:42 pm
Stocks fell sharply Thursday on Wall Street as coronavirus cases in the U.S. increased again, deflating recent optimism for a quick economic recovery and raising more doubts about how long the market’s scorching comeback can last. The Dow Jones Industrial Average sank more than 1,800 points and the...
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