Oil and gas exploration and extraction

July 01, 2018 - 12:15 am
BERKELEY HEIGHTS, N.J. (AP) — The Latest on President Donald Trump and Saudi oil production (all times local): 9:40 p.m. President Donald Trump says in a tweet that King Salman of Saudi Arabia has assured him that his country will boost oil production, perhaps as much as 2 million barrels, in...
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FILE- This Jan. 4, 2018, file photo shows the interior of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 22. (AP Photo/Mark Lennihan, File)
June 22, 2018 - 4:30 pm
NEW YORK (AP) — Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a bumpy week. U.S. crude futures jumped 4.6 percent after...
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Minister of Energy of the United Arab Emirates, UAE, Suhail Mohamed Al Mazrouei attend a news conference after a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Friday, June 22, 2018. (AP Photo/Ronald Zak)
June 22, 2018 - 2:57 pm
VIENNA (AP) — The countries of the OPEC cartel agreed on Friday to pump 1 million barrels more crude oil per day, a move that should help contain the recent rise in global energy prices. Questions remain, however, over the ability of some OPEC nations — Iran and Venezuela in particular — to...
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FILE- In this Feb. 19, 2015, file photo, the sun sets behind an oil well in a field near El Tigre, Venezuela. Ministers from the Organization of the Petroleum Exporting Countries and non-OPEC nations led by Russia meet in Vienna on Friday, June 22, 2018, and Saturday, June 23. (AP Photo/Fernando Llano, File)
June 22, 2018 - 9:45 am
VIENNA (AP) — The Latest on the OPEC meeting on oil production (all times local): 3:45 p.m. Countries in the OPEC oil cartel have agreed to a new oil output level that effectively increases production by almost 1 million barrels per day. The increase was announced after ministers from the group met...
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FILE - In this Monday, June 18, 2018, file photo, Commerce Secretary Wilbur Ross speaks at a National Space Council meeting in the East Room of the White House in Washington. Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company. Ross reported on a government form released Monday, as required by federal ethics rules, that he shorted stock in Navigator Holdings in October. (AP Photo/Susan Walsh)
June 20, 2018 - 12:50 am
WASHINGTON (AP) — Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company. Ross reported on a government...
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FILE - In this April 6, 2018 file photo, a former farmer works at a primitive refinery as he makes crude oil into diesel and other products, in Rmeilan, Hassakeh province, Syria. The oil ministers of the OPEC cartel are arriving in Vienna to discuss later this week whether to increase production of crude oil and help ease the price of global energy. The officials were gathering Tuesday, June 19 ahead of the official meeting Friday, when they will also confer with the representative of Russia, a non-OPEC member that has cooperated with the cartel to limit production since late 2016. (AP Photo/Hussein Malla, file)
June 19, 2018 - 9:51 am
VIENNA (AP) — The oil ministers of the OPEC cartel were gathering Tuesday to discuss this week whether to increase production of crude and help limit a rise in global energy prices. The officials were arriving in Vienna ahead of the official meeting Friday, when they will also confer with Russia, a...
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FILE- In this May 10, 2018, file photo, stock screens are shown at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 25. (AP Photo/Mark Lennihan, File)
May 25, 2018 - 2:20 pm
NEW YORK (AP) — Energy companies and oil prices are falling sharply again Friday on reports OPEC countries plan to produce more oil soon. Airlines are climbing as investors anticipate lower fuel costs. Overall, major market indexes are mostly lower. Another decline in bond yields is hurting banks...
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May 24, 2018 - 6:25 pm
LAKEWOOD, Wash. (AP) — Talk about gunning the engine. Authorities say a driver near Tacoma, Washington, saw an object strike the front of his car during his evening commute Wednesday. When he stopped for gas 18 miles (29 kilometers) later, he discovered it was a handgun. The weapon was embedded in...
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In this May 11, 2018 photo, Vaceliza Villa holds a bag of raw chicken skin in an outdoor market, as a boisterous electoral campaign marches past, in Caracas, Venezuela. “I really don’t care what happens on Sunday,” said Villa, 47, holding up her bag of raw chicken skins to feed herself and her 6-year-old daughter for the week. “My priority is paying for this.” (AP Photo/Fernando Llano)
May 17, 2018 - 11:35 am
CARACAS, Venezuela (AP) — Venezuela's presidential candidates are making their last-minute pitches before Sunday's election, though many people are hardly noticing as they struggle to find their next meal and pay for it with money that is next to worthless under runaway inflation. Pausing on a...
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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. Energy stocks are leading U.S. indexes higher in early trading as the price of crude oil climb. Exxon Mobil added 1.2 percent early Monday, May 7, and Schlumberger rose 1.2 percent. (AP Photo/Richard Drew, File)
May 07, 2018 - 5:25 pm
DALLAS (AP) — U.S. oil prices crashed through the $70-a-barrel mark on Monday for the first time since late 2014, foreshadowing costlier gasoline and consumer goods. It's not clear that pricey crude will slow down the economy, however. The stock market closed slightly higher as investors bet that...
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