Oil and gas exploration and extraction

FILE - In this Dec. 11, 2019, file photo Federal Reserve Chair Jerome Powell arrives to speak at a news conference after the Federal Open Market Committee meeting in Washington. On Thursday, Jan. 2, 2020, the Federal Reserve releases minutes from its December meeting when it kept its key interest rate unchanged. (AP Photo/Jacquelyn Martin, File)
January 03, 2020 - 2:28 pm
WASHINGTON (AP) — The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting last month, when it kept interest rates steady after three straight cuts and signaled that it expected to keep low rates unchanged through this year. Minutes of the December meeting,...
Read More
January 02, 2020 - 5:54 pm
HARTFORD, Conn. (AP) — A major insurer is limiting its coverage of companies in the fossil fuel business, citing concerns about climate change. The Hartford Financial Services Group Inc. won't cover companies that get more than a quarter of their revenue from thermal coal mining or that produce...
Read More
Greece's Prime Minister Kyriakos Mitsotakis, center, Cypriot President Nicos Anastasiadis, left, and Israeli Prime Minister Benjamin Netanyahu pose for a photograph ahead of a signing ceremony in Athens, Thursday, Jan. 2, 2020. The leaders of Greece, Israel and Cyprus met in Athens Thursday to sign a deal aiming to build a key undersea pipeline, named EastMed, designed to carry gas from new rich offshore deposits in the southeastern Mediterranean to continental Europe. (AP Photo)
January 02, 2020 - 1:30 pm
ATHENS, Greece (AP) — Greece, Israel and Cyprus signed a deal Thursday to build an undersea pipeline to carry gas from new offshore deposits in the southeastern Mediterranean to continental Europe. The 1,900-kilometer (1,300-mile) EastMed pipeline is intended to provide an alternative gas source...
Read More
December 31, 2019 - 8:54 am
BERLIN (AP) — Germany is shutting down one of its seven remaining nuclear power plants as part of a planned phase-out of atomic energy production by the end of 2022. Utility company EnBW has said it will take the Philippsburg Nuclear Power Plant off the grid at 7 p.m. (1800 GMT) Tuesday. The plant'...
Read More
December 31, 2019 - 5:56 am
JERUSALEM (AP) — Israel on Tuesday began preliminary pumping of gas from a lucrative field in the Mediterranean Sea to its coastline rig, just days before it is to sign a a major pipeline deal with Greece and Cyprus. The start of the so-called “flushing process” took place after repeated delays due...
Read More
December 25, 2019 - 5:09 am
RIYADH, Saudi Arabia (AP) — Saudi Arabia and Kuwait have ended a nearly five-year-long dispute over shared oil fields and have agreed to resume oil production from the divided Neutral Zone, but stressed this would not change their OPEC commitments to crude oil production cuts. The allied Gulf Arab...
Read More
FILE - In a Wednesday, Oct. 23, 2019 file photo, Igor Fruman arrives for his arraignment, in New York. Andrew Favorov, the No. 2 at Ukraine’s state-run gas company Naftogaz, says he sat on the red leather banquette and listened wide-eyed as the men boasted of their connections to President Donald Trump and proposed selling large quantities of liquified natural gas from Texas to Ukraine. The gas deal never came to pass, but it’s now the subject of a U.S. federal criminal investigation of the two men, Lev Parnas and Igor Fruman, and their close associate, Rudy Giuliani. (AP Photo/Mark Lennihan, File)
December 23, 2019 - 4:33 pm
KYIV, Ukraine (AP) — In a back corner of the swank H Bar in Houston, near a huge photo of Brigitte Bardot with a dangling cigarette and a deck of cards, two Russian-speaking men offered a Ukrainian gas executive what seemed like an outrageous business proposal. Andrew Favorov, the No. 2 at Ukraine’...
Read More
A Turkish-made Bayraktar TB2 drone is seen shortly after its landing at an airport in Gecitkala, known as Lefkoniko in Greek, in Cyprus, Monday, Dec. 16, 2019. Turkey has dispatched the surveillance and reconnaissance drone to the breakaway north of ethnically divided island nation of Cyprus amid tensions over offshore oil and gas exploration. It's unclear what the drones will be specifically tasked to do.Turkey doesn't recognize Cyprus as a state and asserts that 44% of the island nation's exclusive economic zone are its own. (DHA via AP)
December 16, 2019 - 12:41 pm
ANKARA, Turkey (AP) — Turkey has dispatched a surveillance and reconnaissance drone to the breakaway north of ethnically divided island nation of Cyprus amid tensions over offshore oil and gas exploration, Turkey's state-run media said Monday. The Anadolu news agency said the Turkish-made Bayraktar...
Read More
FILE - This Jan. 31, 2019 file photo, shows an oil platform in the Leviathan natural gas field, in the Mediterranean Sea off the Israeli coaast. Israel became a major energy exporter for the first time on Monday, Dec. 16, 2019, after signing a permit to export natural gas to neighboring Egypt. The announcement comes just days before a lucrative Israeli gas field in the Mediterranean Sea is expected to go online. (Marc Israel Sellem/Pool via AP, File)
December 16, 2019 - 10:52 am
JERUSALEM (AP) — Israel became a major energy exporter for the first time on Monday after signing a permit to export natural gas to Egypt. The announcement comes just days before a lucrative Israeli gas field in the Mediterranean Sea is expected to go online. Energy Minister Yuval Steinitz called...
Read More
December 11, 2019 - 7:35 am
ANKARA, Turkey (AP) — Turkey could use its military forces to halt any exploratory gas drilling in waters off Cyprus that it claims as its own, Turkey's foreign minister warned Wednesday. Foreign Minister Mevlut Cavusoglu told the pro-government A Haber news channel that Turkey “has the right to...
Read More

Pages