Oil and gas industry

FILE - In this June 8 2006 file photo, The Troll, a gas platform run by the Norwegian oil giant Statoil company, stands above the North Sea, about 70 kilometers off the coast of Norway. Norway’s $1 trillion wealth fund will begin dumping its shares in oil and gas companies, paving the way for a huge divestment in the likes of Royal Dutch Shell and Exxon Mobil, Minister of Finance Siv Jensen said Friday March 8, 2019. (Marit Hommedal / Scanpix via AP, File)
March 08, 2019 - 9:50 am
STAVANGER, Norway (AP) — Norway's $1 trillion wealth fund, the biggest of its kind in the world, will begin dumping shares in oil and gas companies, but stopped short of barring major producers like ExxonMobil and Chevron. The move was hailed by environmental activists as a sign that the global...
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A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, March 8, 2019. Asian markets tumbled Friday on fears that the U.S. and China may not be as close to a trade deal as President Donald Trump hopes. Selling was also fueled by worries about the global economy ahead of Chinese trade data.(AP Photo/Vincent Yu)
March 08, 2019 - 7:09 am
SINGAPORE (AP) — Shanghai led a retreat in world markets on Friday amid worries that the U.S. and China may not be as close to a trade deal as President Donald Trump has suggested. Selling picked up after China reported that its exports plunged more than 20 percent in February from a year earlier...
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In this Feb. 13, 2019 photo, Luis Gonzalez waits to fill up at a fas station in San Cristobal, Venezuela. Lines stretching over a mile to fuel up have plagued the western region of Venezuela for years, but shortages compounded by U.S. sanctions are likely to spread countrywide as supplies of petrol start drying up and a raging power struggle turning crisis into catastrophe. (AP Photo/Fernando Llano)
March 06, 2019 - 3:01 pm
MARACAIBO, Venezuela (AP) — Marin Mendez leaned a shoulder into his rusty Chevy Malibu, rolling it forward each time the line of cars inched closer to the pump. Waiting hours to fill up, he says, is the high cost he pays for gasoline that's nearly free in socialist Venezuela. "You line up to get...
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FILE- In this Monday, Nov. 7, 2016, file photo, the sun rises over the skyline in Abu Dhabi, United Arab Emirates. A prominent Dubai bank is warning that non-oil companies across the United Arab Emirates have cut staff at their sharpest rate in nearly a decade amid an economic slowdown. (AP Photo/Kamran Jebreili, File)
March 05, 2019 - 4:06 am
DUBAI, United Arab Emirates (AP) — A leading Dubai bank warned on Tuesday that non-oil companies across the United Arab Emirates have cut staff at their sharpest rate in nearly a decade amid an economic slowdown. A report by Emirates NBD, which is majority owned by Dubai's government, said it...
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FILE - This June 29, 2018 photo shows tanks at the Enbridge Energy terminal in Superior, Wis. Enbridge Energy is delaying the startup of its planned Line 3 replacement crude oil pipeline through northern Minnesota by a year. The Canadian-based company now expects the new pipeline to go into service in the second half of 2020. Enbridge officials had hoped to put the pipeline into service in the second half of 2019. But Minnesota Gov. Tim Walz has said his administration will keep pursuing an appeal of a regulatory commission’s approval of Enbridge’s plan. (AP Photo/Jim Mone, File)
March 03, 2019 - 12:25 pm
ST. PAUL, Minn. (AP) — Enbridge Energy is delaying the startup of its planned Line 3 replacement crude oil pipeline through northern Minnesota by a year. The Canadian-based company said Friday it now expects the new pipeline to go into service in the second half of 2020. Enbridge officials had...
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In this image made from video on Friday, March 1, 2019, fire is seen from a pipeline explosion in Nembe, Nigeria. More than 50 people are missing after a leaking oil pipeline exploded and caused a stampede in southern Nigeria, a local official said Saturday. The blast early Friday caused massive oil spillage in the Nembe kingdom in Bayelsa state, the Nembe Chiefs Council spokesman, Chief Nengi James-Eriworio, told The Associated Press. (AP Photo)
March 02, 2019 - 10:44 am
WARRI, Nigeria (AP) — More than 50 people are missing after a leaking oil pipeline exploded and caused a stampede in southern Nigeria, a local official said Saturday. The blast early Friday caused massive oil spillage in the Nembe kingdom in Bayelsa state, the Nembe Chiefs Council spokesman, Chief...
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FILE - In this Feb. 13, 2017 file photo shows the town of Cannon Ball, N.D., on the Standing Rock Sioux Indian Reservation. The Native American tribe leading the fight against the Dakota Access oil pipeline said Thursday, Feb. 28, 2019, an Army Corps of Engineers document shows the agency concluded the pipeline wouldn't unfairly affect tribes before it consulted them. The Standing Rock Sioux officials say the document bolsters the tribe's claim that the Corps disregarded a federal judge's order to seriously review the pipeline's potential impact on the Standing Rock Sioux and three other Dakotas-based tribes and to not treat the study as a "bureaucratic formality." (Tom Stromme/The Bismarck Tribune via AP, File)
March 02, 2019 - 9:52 am
BISMARCK, N.D. (AP) — Tribes battling the Dakota Access oil pipeline in court are accusing the Army Corps of Engineers of withholding dozens of documents that could bolster their case that the pipeline could unfairly impact them. Attorneys for the four Sioux tribes allege some records that are...
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March 01, 2019 - 5:19 pm
ANCHORAGE, Alaska (AP) — A federal agency performed inadequate environmental review before approving petroleum exploration in a northern Alaska reserve, according to a lawsuit filed by a nearby tribe and five environmental groups. The Native Village of Nuiqsut and the groups on Thursday sued the...
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March 01, 2019 - 3:02 pm
BISMARCK, N.D. (AP) — A North Carolina security company that won a court case in the wake of protests against the Dakota Access oil pipeline is continuing to pursue reimbursement of its attorney fees. North Dakota's Private Investigative and Security Board sued TigerSwan in 2017, alleging the...
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In this Feb. 26, 2019, photo taken by the Australian Maritime Safety Authority near Rennell Island in the Solomon Islands shows the “MV Solomon Trader” ship which ran aground Feb. 5. Australian officials say an environmental disaster is unfolding in the Solomon Islands after the ship ran aground and began leaking oil next to a UNESCO World Heritage site. (The Australian High Commission Solomon Islands via AP)
March 01, 2019 - 12:36 am
WELLINGTON, New Zealand (AP) — An environmental disaster is unfolding in the Pacific after a large ship ran aground and began leaking oil next to a UNESCO World Heritage site in the Solomon Islands, Australian officials said Friday. Footage taken this week shows little progress has been made in...
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