Oil and gas industry

Motorcycles and vehicles are driven on a road while fog envelopes the area in Peshawar, Pakistan, Sunday, Nov. 5, 2017. Smog has enveloped much of Pakistan and neighboring India, causing highway accidents and respiratory problems, and forcing many residents to stay home, officials said. (AP Photo/Muhammad Sajjad)
November 07, 2017 - 8:36 am
VIENNA (AP) — OPEC says growth in global oil demand will steadily lessen from an annual average of 1.3 million barrels a day between 2016 and 2020, to 300,000 barrels a day by 2035-2040. But it says fossil fuels will remain the main energy source decades from now. The organization's annual World...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Tuesday, Nov. 7, 2017. Asian stocks surged Tuesday after Wall Street posted modest gains on deal reports and turmoil in Saudi Arabia sent crude prices soaring. (AP Photo/Mark Schiefelbein)
November 07, 2017 - 7:05 am
BEIJING (AP) — Global stocks mostly rose on Tuesday amid news of corporate deals, while oil prices came off two-year highs as investors monitor a shakeup in power in Saudi Arabia. KEEPING SCORE: France's CAC 40 was down 0.1 percent to 5,502 while Germany's DAX rose 0.1 percent to 13,475. London's...
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FILE - In this Oct. 12, 2017, file photo, Commerce Secretary Wilbur Ross appears before the House Committee on Oversight and Government Reform on Capitol Hill in Washington. In an echo of the Red Scare that consumed the nation for generations, business relationships once seen normal now appear tainted if they are connected at all to Russia. A shipping company partly owned by Ross, President Donald Trump’s commerce secretary, is one of the few in the world that can transport liquefied petroleum gas in cold and icy conditions. (AP Photo/J. Scott Applewhite)
November 07, 2017 - 4:34 am
MOSCOW (AP) — Disclosures of connections between Russia, Donald Trump and his big business advisers have cast an ominous cloud over the White House. But experts say some of the connections are just the expected result of doing business in Russia, a nation whose major corporations often are...
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FILE - In this Oct. 12, 2017, file photo, Commerce Secretary Wilbur Ross appears before the House Committee on Oversight and Government Reform on Capitol Hill in Washington. In an echo of the Red Scare that consumed the nation for generations, business relationships once seen normal now appear tainted if they are connected at all to Russia. A shipping company partly owned by Ross, President Donald Trump’s commerce secretary, is one of the few in the world that can transport liquefied petroleum gas in cold and icy conditions. (AP Photo/J. Scott Applewhite)
November 06, 2017 - 6:48 pm
MOSCOW (AP) — A shipping company partly owned by President Donald Trump's commerce secretary is one of the few in the world that can transport liquefied petroleum gas in cold and icy conditions. Russia is known for its brutal winters as well as its giant, state-controlled oil and gas producers. So...
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FILE - In this Oct. 8, 2014, file photo, a man walks to work on Wall Street, near the New York Stock Exchange, in New York. Global stocks mostly fell on Monday, Nov. 6, 2017, and the price of oil hit a two-year high after a spate of high-profile arrests in Saudi Arabia unnerved some investors and suggested the kingdom could be more bullish in pursuing output cuts. (AP Photo/Mark Lennihan, File)
November 06, 2017 - 10:48 am
NEW YORK (AP) — U.S. stocks are edging higher Monday as chipmakers jump on Broadcom's $103 billion offer to buy competitor Qualcomm. However phone companies are sinking after wireless carriers Sprint and T-Mobile said they've called off talks about a possible deal. Oil prices are slightly higher as...
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US Commerce Secretary Wilbur Ross speaks at the annual CBI conference in London, Monday Nov. 6, 2017. Newly leaked documents show that Commerce Secretary Wilbur Ross, the Trump administration's point man on trade and manufacturing policy, has a stake in a company that does business with a gas producer partly owned by the son-in-law of Russian President Vladimir Putin. (John Stillwell/PA via AP)
November 06, 2017 - 10:48 am
NEW YORK (AP) — Newly leaked documents show that Commerce Secretary Wilbur Ross, the Trump administration's point man on trade and manufacturing policy, has a stake in a company that does business with a gas producer partly owned by the son-in-law of Russian President Vladimir Putin. According to...
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FILE - In this Thursday, Oct. 12, 2017, file photo, Commerce Secretary Wilbur Ross appears before the House Committee on Oversight and Government Reform to discuss preparing for the 2020 Census, on Capitol Hill in Washington. Newly leaked documents show that Ross has a stake in a shipping company that does business with a gas producer partly owned by the son-in-law of Russian President Vladimir Putin, according to the International Consortium of Journalists. (AP Photo/J. Scott Applewhite, File)
November 05, 2017 - 5:52 pm
NEW YORK (AP) — Newly leaked documents show that Commerce Secretary Wilbur Ross, the Trump administration's point man on trade and manufacturing policy, has a stake in a company that does business with a gas producer partly owned by the son-in-law of Russian President Vladimir Putin. According to...
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FILE - In this Feb. 4, 2014 file photo, Saudi billionaire Prince Alwaleed bin Talal, waves as he arrives at the headquarters of Palestinian President Mahmoud Abbas in the West Bank city of Ramallah. Saudi Arabia has arrested dozens of princes and former government ministers, including a well-known billionaire with extensive holdings in Western companies, as part of a sweeping anti-corruption probe, further cementing King Salman and his crown prince son's control of the kingdom. A high-level employee at Prince Alwaleed bin Talal's Kingdom Holding Company told The Associated Press that the royal was among those detained overnight Saturday, Nov. 4, 2017. (AP Photo/Majdi Mohammed, File)
November 05, 2017 - 9:39 am
DUBAI, United Arab Emirates (AP) — Among those detained in Saudi Arabia, no name carries more power in Western financial markets than Prince Alwaleed bin Talal. The prince, listed by Forbes as the richest Arab with $18.7 billion to his name, long has made big bets in the markets, holding major...
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November 03, 2017 - 11:05 pm
SPRINGFIELD, Ill. (AP) — The first company to obtain a permit for fracking in Illinois announced Friday it won't use it, citing market conditions and the state's "burdensome and costly" regulations. Wichita, Kansas-based Woolsey Companies Inc. was given permission in September by the Illinois...
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November 03, 2017 - 5:13 pm
MEXICO CITY (AP) — Mexico's state oil company says it has made a significant onshore find in the Gulf coast state of Veracruz. A statement from Petroleos Mexicanos says the field could represent total reserves of about 350 million barrels of crude equivalent, from an original volume of over 1.5...
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