Energy industry

In this photo released by Saudi Energy Ministry, Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia, third right, chairs a virtual summit of the Group of 20 energy ministers at his office in Riyadh, Saudi Arabia, Friday, April 10, 2020, to coordinate a response to plummeting oil prices due to an oversupply in the market and a downturn in global demand due to the pandemic. (Saudi Energy Ministry via AP)
April 12, 2020 - 9:19 pm
DUBAI, United Arab Emirates (AP) — OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war, officials said. “This...
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A man gestures to the camera as he rests in a public square in Quito, Ecuador, Friday, April 10, 2020. The government declared a "health emergency" amid the new coronavirus pandemic, restricting movement to only those who provide basic services, enacting a curfew and closing schools. (AP Photo/Dolores Ochoa)
April 10, 2020 - 9:58 pm
QUITO, Ecuador (AP) — Ecuador’s President Lenín Moreno unveiled an emergency economic plan Friday aimed at rescuing the South American nation hard hit by the new coronavirus and then dealt a second blow when two large pipelines broke, halting critical crude exports. Moreno in a nationwide broadcast...
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The sun sets behind an idle pump jack near Karnes City, Texas, Wednesday, April 8, 2020. Demand for oil continues to fall due to the new coronavirus outbreak. (AP Photo/Eric Gay)
April 10, 2020 - 12:38 pm
DUBAI, United Arab Emirates (AP) — The OPEC oil cartel and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production, or a tenth of global supply. More countries, including the United States, were discussing Friday their own cuts in what...
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In this photo taken Wednesday, April 1, 2020, desert locusts sit on vegetation in Kipsing, near Oldonyiro, in Isiolo county, Kenya. Weeks before the coronavirus spread through much of the world, parts of Africa were already threatened by another kind of plague, the biggest locust outbreak some countries had seen in 70 years, and now the second wave of the voracious insects, some 20 times the size of the first, is arriving. (Sven Torfinn/FAO via AP) MANDATORY CREDIT
April 10, 2020 - 10:29 am
Your daily look at late-breaking news, upcoming events and the stories that are being talked about today: 1. BARR SAY RUSSIA PROBE STARTED ‘WITHOUT BASIS’ — Attorney General William Barr believes the Russia investigation that shadowed President Donald Trump for the first two years of his...
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In this photo taken from video provided by the New York Stock Exchange, Chief Security Officer Kevin Fitzgibbons rings the opening bell at the NYSE, while recognizing Randy Timmons in Albany, Ga., and thousands of employees of the Proctor & Gamble Company, Thursday, April 9, 2020. (New York Stock Exchange via AP)
April 10, 2020 - 7:32 am
BANGKOK (AP) — Asian shares were steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve's titanic effort to support the economy through the coronavirus crisis. The price of oil fell back after major oil-producing countries struggled...
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The sun sets behind an idle pump jack near Karnes City, Texas, Wednesday, April 8, 2020. Demand for oil continues to fall due to the new coronavirus outbreak. (AP Photo/Eric Gay)
April 09, 2020 - 7:35 pm
MOSCOW (AP) — Oil-producing countries including those of the OPEC cartel and Russia are trying to strike a global deal to pump less crude in a bid to limit a crash in prices that, while welcome for consumers, has been straining government budgets and pushed energy companies toward bankruptcy. Late...
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April 09, 2020 - 10:41 am
ANCHORAGE, Alaska (AP) — An oil exploration firm has discovered a deposit of potentially 1.8 billion barrels in Alaska's North Slope region south of Prudhoe Bay, the company said. Pantheon Resources PLC said it located the deposit along the Dalton Highway and Trans-Alaska Pipeline System corridor,...
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FILE - In this Feb. 7, 2014 photo, 7-year-old Charlotte Figi, whose parent describe her as once being severely and untreatably ill, walks around inside a greenhouse for a special strain of medical marijuana known as Charlotte's Web, which was named after Charlotte early in her treatment, at a grow location in a remote spot in the mountains west of Colorado Springs, Colo. Figi, the Colorado girl with a rare form of epilepsy whose recovery inspired the name of a medical marijuana oil that drew families to the state has died. The non-profit organization co-founded by her mother says Charlotte, now 13, Figi died Tuesday, April 7, 2020. It didn't say how she died. A post on her mother's Facebook page said she was recently hospitalized and a virus had infected her whole family. (AP Photo/Brennan Linsley, File)
April 08, 2020 - 6:25 pm
DENVER (AP) — A girl with a rare form of epilepsy whose recovery inspired the name of a medical marijuana oil that drew families of children with similar health problems to Colorado for treatment has died after being hospitalized and treated as a likely coronavirus patient, her mother said...
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In this photo taken from video provided by the New York Stock Exchange, Kevin McSpedon, Assistant Chief Electrician, rings the opening bell at the NYSE, recognizing Sandi Vandiver, associate at a Walmart Supercenter in Bentonville, Arkansas, Wednesday, April 8, 2020. (New York Stock Exchange via AP)
April 08, 2020 - 5:09 pm
NEW YORK (AP) — Stocks shot to a 3.4% gain on Wall Street Wednesday as investors chose to focus on the optimistic side of data about the coronavirus outbreak’s trajectory. It’s the latest about-face in this brutally volatile stretch for the U.S. stock market, which has flip-flopped from gains to...
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FILE- This Oct. 9, 2018, file photo shows an oil rig and pump jack in Midland, Texas. Goldman Sachs is warning of another sharp drop in oil prices, Thursday, March 26, 2020, saying some oil producers are eventually going to have to shut some wells because the coronavirus outbreak is crushing demand. (Jacob Ford/Odessa American via AP, File, File)
April 08, 2020 - 4:21 am
TEHRAN, Iran (AP) — Iran demanded on Wednesday that U.S. oil production levels must be known before an upcoming OPEC meeting with Russia and others seeking to boost global energy prices. The meeting of the so-called OPEC+ is scheduled to be held Thursday after officials delayed it following Saudi...
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