Oil and gas exploration and extraction

This July, 2018 photo from video provided by Project Recover shows a gun shows a portion of the coral-encrusted stern of the destroyer USS Abner Read in the waters off Kiska Island, Alaska. The Abner Read hit a mine left by the Japanese after they abandoned Kiska Island in Alaska's Aleutian Islands in 1943, ripping the stern off. But the ship never sank and was refitted and returned to duty. Now, 75 years after the ship's 75-foot stern broke off, it has been located off Kiska by a team of scientists funded by the U.S. government. (Project Recover via AP)
August 15, 2018 - 9:06 pm
ANCHORAGE, Alaska (AP) — Daryl Weathers remembers trying to pull men from the sea off Alaska's Aleutian Islands after a U.S. Navy destroyer hit a mine left by the Japanese following the only World War II battle fought on North American soil. The explosion, which ripped the stern off the USS Abner...
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August 10, 2018 - 3:08 pm
Bank of the West's decision to divest from certain fossil fuel investments has run headlong into threats of retaliation in states that get much of their revenue from coal, oil and natural gas extraction. The San Francisco-based bank recently announced that it would be "investing where we feel we...
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July 31, 2018 - 3:05 am
LONDON (AP) — Energy giant BP says it is increasing its dividend for the first time in almost four years after second-quarter earnings quadrupled on higher oil prices and streamlined production. Underlying replacement cost profit jumped to $2.82 billion from $684 million in the same quarter a year...
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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. 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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