Oil and gas industry

July 27, 2017 - 2:50 am
LONDON (AP) — Royal Dutch Shell says second-quarter earnings more than tripled as it benefited from a cost-cutting drive and recovering oil prices. The Anglo-Dutch energy giant said Thursday that profit adjusted for changes in the value of inventories and excluding one-time items rose to $3.60...
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FILE -- In this May 21, 2017, file photo released by the Saudi Press Agency, from left to right: Egyptian President Abdel Fattah al-Sissi; Saudi King Salman; U.S. First Lady Melania Trump; and President Donald Trump; visit the Global Center for Combating Extremist Ideology, in Riyadh, Saudi Arabia. Six months into his presidency, Donald Trump has made clear who he considers to be his friends, and his foes, on the international stage. (Saudi Press Agency via AP, File)
July 27, 2017 - 1:11 am
Are you a friend or foe? That seems to be uppermost in President Donald Trump's approach to foreign policy in the first six months of office. The probe at home into Russian interference in the 2016 U.S. election continues to be a thorn in his side, bedeviling Trump's apparent desire to have warm...
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Motorcyclists and vehicles stand in long queue for fuel, which is short due to an oil tankers strike at a fuel station in Islamabad, Pakistan, Wednesday, July 26, 2017. A strike by oil tanker operators has created a shortage of petroleum products in Pakistan, causing panic among people who are lining up at gas stations to make bulk purchases of petrol and diesel. (AP Photo/Anjum Naveed)
July 26, 2017 - 5:19 am
ISLAMABAD (AP) — A strike by oil tanker operators has created a shortage of petroleum products in Pakistan, causing panic among people who are lining up at gas stations to make bulk purchases of petrol and diesel. Operators say the protest is a response to tougher measures imposed by transportation...
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A woman uses a smartphone in front of an electronic stock indicator of a securities firm in Tokyo, Wednesday, July 26, 2017. Asian stock markets are mixed Wednesday, with upward momentum from a record day on Wall Street and buoyant oil prices offset by investor caution ahead of the Fed's upcoming interest rate decision. (AP Photo/Shizuo Kambayashi)
July 26, 2017 - 5:05 am
HONG KONG (AP) — World stock markets were mostly higher Wednesday, lifted by another record day on Wall Street and buoyant oil prices. Investors were keeping a cautious eye on the Fed's upcoming interest rate decision. KEEPING SCORE: European shares rose in early trading. France's CAC 40 added 0.7...
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FILE - In this March 29, 2017 file photo Dieter Zetsche, CEO of the Daimler AG, poses next to a car prior to the shareholders meeting of the car maker in Berlin, Germany. Automaker Daimler, maker of Mercedes-Benz cars, announces second-quarter earnings, Wednesday, July 26, 2017. (AP Photo/Michael Sohn, file)
July 26, 2017 - 3:03 am
FRANKFURT, Germany (AP) — Automaker Daimler AG says its net profit rose slightly in the second quarter as its Mercedes-Benz luxury car business boomed but profits lagged at its truck, van and bus businesses. The company affirmed its outlook for the year and emphasized the importance of diesel...
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California Gov. Jerry Brown, right, and former Gov. Arnold Schwarzenegger, left, talk before a climate bill signing on Treasure Island, Tuesday, July 25, 2017, in San Francisco. Gov. Jerry Brown signed legislation Tuesday keeping alive California's signature initiative to fight global warming, which puts a cap and a price on climate-changing emissions. The Democratic governor was joined by his celebrity predecessor, Arnold Schwarzenegger, who signed the 2006 bill that led to the creation of the nation's only cap and trade system to reduce greenhouse gases in all industries. (AP Photo/Eric Risberg)
July 25, 2017 - 8:51 pm
SAN FRANCISCO (AP) — Gov. Jerry Brown and his predecessor, Arnold Schwarzenegger, stood side by side Tuesday to cheer the extension of one of the most ambitious programs in the U.S. to reduce fossil fuel pollution, while condemning President Donald Trump's failure to see climate change as a deadly...
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FILE - This Tuesday, Oct. 25, 2016, file photo shows the New York Stock Exchange in Lower Manhattan. Another month of strong hiring in the U.S. and improved manufacturing in Europe have stocks climbing early Thursday, Jan. 4, 2018, as the Dow Jones industrial average trades above 25,000 points for the first time. (AP Photo/Mary Altaffer, File)
July 25, 2017 - 4:45 pm
NEW YORK (AP) — U.S. stock indexes returned to records Tuesday as corporate profits continue to come in better than analysts expected. McDonald's and Caterpillar were among the big companies that reported healthier-than-forecast results. Sharp moves higher in prices for oil, metals and other...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 25, 2017. Asian share benchmarks were mixed Tuesday as investors awaited a slew of corporate earnings reports. A meeting of the Federal Reserve and caution over potential twists and turns in U.S. politics kept most indexes trading within a narrow range.(AP Photo/Ahn Young-joon)
July 25, 2017 - 2:49 am
TOKYO (AP) — Asian share benchmarks sagged Tuesday as investors awaited a slew of corporate earnings reports. A meeting of the Federal Reserve and caution over potential twists and turns in U.S. politics kept most indexes trading within a narrow range. KEEPING SCORE: Japan's Nikkei 225 index...
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July 24, 2017 - 11:57 pm
RICHMOND, Calif. (AP) — Chevron Corp. and state regulators have reached a settlement related to a 2012 fire at its Richmond refinery that will require the company to spend about $20 million on safety improvements, officials announced Monday. The agreement requires Chevron to replace all carbon...
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July 24, 2017 - 10:14 am
NEW YORK (AP) — U.S. stock indexes tiptoed backward in Monday morning trading, ahead of a busy week of corporate earnings reports and a meeting of the Federal Reserve. Global stock markets were mixed, while the price of oil rose. KEEPING SCORE: The Standard & Poor's 500 index dipped 3 points,...
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