Oil and gas industry

April 24, 2017 - 6:56 am
DUBAI, United Arab Emirates (AP) — Emirati and Malaysian officials said Monday they reached a deal to resolve a legal dispute over the indebted and troubled Malaysian investment fund 1MDB, with the United Arab Emirates set to receive $1.2 billion over this year. The deal, which still would need to...
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FILE - This Jan. 30, 2012, file photo, shows the sign for the Exxon Mobil Torrance Refinery in Torrance, Calif. On Friday, April 21, 2017, the Trump administration denied a request from Exxon Mobil to waive U.S. sanctions against Russia and allow it to resume oil drilling around the Black Sea. (AP Photo/Reed Saxon, File)
April 21, 2017 - 5:14 pm
WASHINGTON (AP) — The Trump administration has rejected a request from Exxon Mobil to waive U.S. sanctions against Russia to allow the company to resume oil drilling around the Black Sea. Treasury Secretary Steven Mnuchin said Friday in a brief statement that the administration "will not be issuing...
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April 21, 2017 - 2:14 pm
WASHINGTON (AP) — The Trump administration has denied a request from Exxon Mobil to waive U.S. sanctions against Russia and allow it to resume oil drilling around the Black Sea. Treasury Secretary Steven Mnuchin says in a brief statement that the administration "will not be issuing waivers to U.S...
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FILE - In this April 1, 2016, photo, cars line up at at a gas station in Pyongyang, North Korea. Car users in Pyongyang are scrambling to fill up their tanks as gas stations limit services and close their gates amid concerns of a possible shortage. The cause of the restrictions or how long they might last were not immediately known. (AP Photo/Eric Talmadge, File)
April 21, 2017 - 10:21 am
PYONGYANG, North Korea (AP) — Car users in Pyongyang were scrambling Friday to fill up their tanks as gas stations began limiting services or even closing amid concerns of a spreading shortage. A sign outside one station in the North Korean capital said sales were being restricted to diplomats or...
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April 21, 2017 - 9:43 am
PYONGYANG, North Korea (AP) — Car users in Pyongyang are scrambling to fill up their tanks as gas stations began limiting services or even closing amid concerns of a spreading shortage. A sign outside one station says sales are being restricted to diplomats or vehicles used by international...
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April 20, 2017 - 5:11 pm
WASHINGTON (AP) — The Environmental Protection Agency is again moving to derail Obama-era regulations aimed at reducing pollution from the fossil fuel industry. EPA Administrator Scott Pruitt announced Wednesday he's issued a 90-day delay for oil and gas companies to follow a new rule requiring...
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A man shouts anti-government slogans during a protest in Caracas, Venezuela, Thursday, April 20, 2017. Venezuela's opposition is calling for another day of protests against President Maduro after mass demonstrations Wednesday resulted in two deaths. (AP Photo/Ariana Cubillos)
April 20, 2017 - 1:32 pm
CARACAS, Venezuela (AP) — Venezuela is in the midst of a violent protest movement that has left eight dead this month as the country's deeply unpopular socialist administration struggles to stay in power and a newly energized opposition calls for immediate presidential elections. The protests began...
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FILE- In this Jan. 12, 2017 file photo, Saudi's Oil Minister Khalid al-Falih, speaks during an Energy Forum in Abu Dhabi, United Arab Emirates. On Thursday, April 20, 2017, Al-Falih suggested that production cuts agreed to by OPEC members and countries outside of the cartel may need to continue to help shore up crude oil prices. (AP Photo/Kamran Jebreili, File)
April 20, 2017 - 9:56 am
ABU DHABI, United Arab Emirates (AP) — Saudi Arabia's oil minister on Thursday suggested that production cuts agreed to by OPEC members and countries outside of the cartel may need to continue to help shore up crude oil prices. The comments by Khalid al-Falih carry significant weight as the kingdom...
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A man is reflected on an electronic stock indicator of a securities firm in Tokyo, Thursday, April 20, 2017. Shares were mostly higher in Asia on Thursday after crude oil prices rebounded from an overnight sell-off and Japan reported stronger-than-expected exports in March. (AP Photo/Shizuo Kambayashi)
April 20, 2017 - 7:58 am
LONDON (AP) — France's main stock market outperformed its counterparts in Europe on Thursday as traders priced in a growing likelihood of a victory by centrist Emmanuel Macron in the upcoming presidential election. KEEPING SCORE: Paris' CAC 40 was up 0.8 percent at 5,042, while Germany's DAX was...
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April 20, 2017 - 4:28 am
ABU DHABI, United Arab Emirates (AP) — Saudi Arabia's oil minister is suggesting that production cuts agreed to by OPEC and non-OPEC members may need to continue. Khalid al-Falih's comments on Thursday carry significant weight as Saudi Arabia remains a powerhouse among oil producers. OPEC agreed in...
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