Oil and gas exploration and extraction

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...
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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...
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FILE - This Sept. 15, 2019 file photo, shows storage tanks at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, 2019, set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 09, 2019 - 12:02 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabia is expected to set a new record for the largest stock flotation in history on Wednesday with the sale of part of Aramco, the state-owned oil company valued at $1.7 trillion. The offering's success is crucial to the ambitious plan by Crown Prince Mohammed bin...
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Prince Abdulaziz bin Salman Al-Saud, center, Minister of Energy of Saudi Arabia looks prior to the start of a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Thursday, Dec. 5, 2019. (AP Photo/Ronald Zak)
December 06, 2019 - 10:46 am
The OPEC oil-producing countries and ally Russia said Friday they have agreed to cut crude production, prompting a surge in global crude prices that they hope to sustain into next year. The group decided to cut output by an extra 500,000 barrels a day as they try to support the price of energy and...
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FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 05, 2019 - 3:07 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. The company said it will sell its shares at 32 riyals ($8...
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December 05, 2019 - 5:36 am
NICOSIA, Cyprus (AP) — The president of Cyprus says authorities are launching legal action at the International Court of Justice in the Hague against Turkey’s exploratory gas drilling inside Cypriot waters. President Nicos Anastasiades said Thursday this is part of his government’s pledge to use “...
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FILE - In this June 11, 2019, photo a pump jack operates in an oil field in the Permian Basin in Texas. The world may be heading into an oversupply of oil, and that possibility is hanging over members of the OPEC cartel, which will meet later this week to decide whether to further cut production to boost prices. (Jacob Ford/Odessa American via AP, File)
December 05, 2019 - 5:13 am
VIENNA (AP) — The countries that make up the OPEC oil-producing cartel are meeting Thursday to decide whether to cut down on their production and push up prices of fuel and energy around the world. The group is expected to prolong production cuts they’ve agreed on for the past three years, though...
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FILE - In this March 8, 2018, file photo wetlands are seen beyond the Shell Norco refinery in Norco, La. The world may be heading into an oversupply of oil, and that possibility is hanging over members of the OPEC cartel, which will meet later this week to decide whether to further cut production to boost prices. (AP Photo/Gerald Herbert, File)
December 04, 2019 - 3:03 pm
The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down fuel and energy prices — is hanging over members of the OPEC cartel as they head into negotiations Thursday. The oil-producing nations will decide whether to stick with production cuts they...
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Greek Prime Minister Kyriakos Mitsotakis arrives for a meeting with Italian Premier Giuseppe Conte at Chigi Palace premier's office, in Rome, Tuesday, Nov. 26, 2019. (AP Photo/Andrew Medichini)
December 01, 2019 - 11:11 am
ATHENS, Greece (AP) — Greece’s prime minister said Sunday he will ask other NATO members at the alliance’s London summit to support Greece in the face of fellow member Turkey’s attempts to encroach on Greek sovereignty, notably last week’s agreement with Libya delineating maritime borders in the...
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File - In this Friday, Sept. 6, 2019 file photo, commuters make their way along an expressway during rush hour in Beijing. According to Chinese state media, the average concentration of PM2.5 fine air pollutants in Beijing in August was at the lowest level ever recorded for that month. Inger Andersen, head of the U.N. Environment Program, says the world needs 'quick wins to reduce emissions as much as possible in 2020.' Ahead of a global climate summit in Madrid next week, her agency published a report Tuesday showing the amount of planet-heating gases released into the atmosphere hitting a new high last year. (AP Photo/Mark Schiefelbein, file)
November 26, 2019 - 5:22 am
GENEVA (AP) — Countries have procrastinated for too long and need to begin making steep cuts to their greenhouse gas emissions immediately, or risk missing agreed targets for limiting global warming, top United Nations officials said Tuesday. The appeal by Inger Andersen, who heads the U.N...
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