Oil and gas exploration and extraction

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. Profit at Exxon Mobil Corp. surged on rising prices, but not enough for investors who are selling off shares in early trading. The Irving, Texas-based company on Friday, July 27, 2018 reported second-quarter profit of $3.95 billion, or 92 cents per share. (AP Photo/Richard Drew, File)
July 27, 2018 - 11:52 am
DALLAS (AP) — Rising oil prices pushed second-quarter profit at Exxon Mobil Corp. up 18 percent to $3.95 billion, but the results Friday fell short of Wall Street expectations, and the shares fell in morning trading. The price of benchmark international crude is up more than 50 percent from a year...
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July 27, 2018 - 6:31 am
LONDON (AP) — Energy producer BP has bought BHP Billiton's shale oil and gas assets in the U.S. for $10.5 billion in a deal that will give it access to the fast-growing shale industry. CEO Bob Dudley described the deal as a "transformational acquisition." The company says the agreement will bring...
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Jack Gerard, American Petroleum Institute president and chief executive officer, speaks during the annual state of Colorado energy luncheon sponsored by the Colorado Petroleum council Thursday, July 26, 2018, in Denver. (AP Photo/David Zalubowski)
July 26, 2018 - 6:06 pm
DENVER (AP) — President Donald Trump's tariffs on European steel and Chinese goods pose a multi-billion-dollar threat to America's energy industry, though a truce between the United States and Europe offers hope that trade tensions eventually will de-escalate, the head of a prominent U.S. energy...
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In this March 15, 2018 photo, Moundsville, W. Va., mayor Allen Hendershott talks during an interview at the Moundsville City Building in Moundsville. The city is closely following a proposed Ohio project by Thailand's PTT Global Chemical to turn a byproduct of natural gas drilling into the raw material used to produce plastic products. Hendershott said his city has taken some preliminary steps to prepare for construction, such as revising zoning laws to help construction of businesses like restaurants, hotels and retail stores. (AP Photo/Paul Vernon)
July 08, 2018 - 1:19 pm
ST. CLAIRSVILLE, Ohio (AP) — A slice of Appalachia along the Ohio River still struggling decades after losing manufacturing jobs in the steel, aluminum and glass industries to overseas competition is looking to Asia to revive the region's fortunes with a more pliable product — plastic. A Thai...
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July 01, 2018 - 2:22 pm
GUTHRIE, Okla. (AP) — The U.S. Geological Survey says a 3.1 magnitude earthquake has been recorded in central Oklahoma. There were no immediate reports of damage. The agency says the earthquake was recorded at 9:58 p.m. on Saturday, about 8 miles (12.5 kilometers) east of Guthrie. The temblor was...
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FILE - In this Sunday, Oct. 22, 2017 file photo, Saudi King Salman speaks during a meeting of the Saudi-Iraqi Bilateral Coordination Council with Secretary of State Rex Tillerson and Iraqi Prime Minister Haider al-Abadi, in Riyadh, Saudi Arabia. President Donald Trump says he has received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, "maybe up to 2,000,000 barrels," in response to turmoil in Iran and Venezuela. Trump said on Twitter Saturday, June 30, 2018, that he asked Salman to increase oil production "to make up the difference...Prices to high! He has agreed!" Saudi Arabia acknowledged the call took place, but mentioned no production targets. (AP Photo/Alex Brandon, Pool, File)
July 01, 2018 - 12:38 am
BERKELEY HEIGHTS, N.J. (AP) — President Donald Trump said Saturday that he had received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, "maybe up to 2,000,000 barrels" in response to turmoil in Iran and Venezuela. Saudi Arabia acknowledged the call took...
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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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