Oil and gas industry

April 05, 2019 - 3:51 pm
WASHINGTON (AP) — The United States has added two oil-sector companies and 34 vessels to a sanctions list aimed at forcing Venezuelan President Nicolas Maduro to step down. A Treasury Department announcement says the companies and vessels are being used to ship fuel to Cuba or in other aspects of...
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April 04, 2019 - 8:05 pm
BILLINGS, Mont. (AP) — The Trump administration has scaled back its fight against oil and gas leases on land considered sacred to Native American tribes in Montana and Canada. The leases are in the nearly 10-square-mile (26-square-kilometer) Badger-Two Medicine area bordering Glacier National Park...
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April 02, 2019 - 7:42 pm
Securities regulators will let Exxon Mobil block shareholders from voting on a proposal that the company disclose goals for reducing greenhouse gas emissions. Activist investors led by the New York state comptroller pushed the proposal, which urges Exxon to set annual targets in line with goals set...
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This photo taken by the Harris County Fire Marshal's Office shows the KMCO Chemical plant Tuesday, April 2, 2019, in Crosby, Texas. Authorities say one person is confirmed dead after a fire broke out at the chemical plant Tuesday near Houston. Harris County Sheriff Ed Gonzalez says two other people were life-flighted. Gonzalez says preliminary information shows that the chemical isobutylene initially started the fire, and is still burning. (Harris County Fire Marshal's Office via AP)
April 02, 2019 - 7:24 pm
HOUSTON (AP) — A tank holding a flammable chemical caught fire at a Texas plant Tuesday, killing one worker, critically injuring two others and sending panicked employees fleeing over a fence to safety. Harris County Sheriff Ed Gonzalez confirmed the fatality in a tweet and said the two injured had...
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FILE -- In this Sunday, September 30, 2018 photo water vapour clouds rise from the cooling towers of the Jaenschwalde lignite-fired power plant of Lausitz Energie Bergbau AG (LEAG) in Jaenschwalde, Germany. The German government says greenhouse gases emissions in Europe's biggest economy fell 4.2% in 2018, the first major decrease in four years. Estimates published Tuesday by the Environment Ministry show Germany released the equivalent of 868.7 million metric tons of carbon dioxide last year, 38 million tons less than 2017. (Patrick Pleul/dpa via AP, file)
April 02, 2019 - 9:04 am
BERLIN (AP) — Germany's greenhouse gas emissions fell 4.2% in 2018, the first major decrease in Europe's biggest economy four years, thanks in large part to warm weather. Estimates published Tuesday by the Environment Ministry show Germany released the equivalent of 868.7 million metric tons of...
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People are reflected on the electronic board of a securities firm in Tokyo, Tuesday, April 2, 2019. Asian stock prices followed Wall Street higher on Tuesday on encouraging global economic data.(AP Photo/Koji Sasahara)
April 02, 2019 - 4:52 am
BEIJING (AP) — Global stock prices followed Wall Street higher Tuesday on encouraging economic data despite uncertainty over Britain's departure from the European Union. Benchmarks in London, Frankfurt, Shanghai and Hong Kong gained while Tokyo was flat. Oil prices rose again, adding to Monday's...
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FILE - In this April 28, 2014 file photo, Algerian President Abdelaziz Bouteflika sits in a wheelchair after taking oath as President, in Algiers. Algeria's powerful army chief said Tuesday March 26, 2019 that he wants to trigger the constitutional process that would declare President Abdelaziz Bouteflika unfit for office, after more than a month of mass protests against the ailing leader's long rule. (AP Photo/Sidali Djarboub, File)
April 01, 2019 - 4:46 pm
ALGIERS, Algeria (AP) — Algerian President Abdelaziz Bouteflika will step down before his fourth term ends on April 28, his office said Monday, as the ailing leader capitulated to growing calls for his resignation after two decades in power. It's unclear if the stunning move will appease the masses...
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FILE - In this Feb. 26, 1997 file photo, Khaled al-Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. According to an assessment published Monday, April 1, 2019, by Moody’s Investors Services, the net profits of Saudi Aramco reached $111 billion last year. That places Aramco ahead of some of the world’s most profitable firms. In their first-ever grade assessment for Aramco, Fitch Ratings issued the firm an A+ rating, while Moody’s gave it it’s A1 rating ahead of its upcoming bonds sale. (AP Photo/John Moore, File)
April 01, 2019 - 8:21 am
DUBAI, United Arab Emirates (AP) — Saudi Aramco's net profits reached $111 billion last year, according to an assessment published Monday by Moody's Investors Services that offered a rare glimpse into the state-owned oil firm's finances before it issues its first bonds in international markets...
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Philippine Boy Scouts play with their flashlights at the countdown for the 12th Earth Hour event Saturday, March 30, 2019 in suburban Makati city east of Manila, Philippines. Earth Hour is the symbolic switching off of the lights for one hour to help minimize fossil fuel consumption as well as mitigate the effects of climate change. (AP Photo/Bullit Marquez)
March 30, 2019 - 6:26 pm
NEW YORK (AP) — Cities around the world were marking Earth Hour on Saturday by turning off lights at 8:30 p.m. local time in a call for global action on climate change. Earth Hour, spearheaded by the World Wildlife Fund, calls for greater awareness and more sparing use of resources, especially...
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FILE - In this Nov. 3, 2015 file photo, the Keystone Steele City pumping station, into which the planned Keystone XL pipeline is to connect to, is seen in Steele City, Neb. President Donald Trump has issued a new presidential permit allowing construction of the Keystone XL oil pipeline, two years after he first approved the long-stalled project. Trump said the permit issued Friday, March 29, 2019, replaces one granted in March 2017. (AP Photo/Nati Harnik)
March 29, 2019 - 7:40 pm
WASHINGTON (AP) — Moving defiantly to kick-start the long-stalled Keystone XL oil pipeline, President Donald Trump on Friday issued a new presidential permit for the project — two years after he first approved it and more than a decade after it was first proposed. Trump said the permit issued...
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