Energy industry

December 05, 2019 - 8:24 am
JOHANNESBURG (AP) — Pirates boarded a Greek-owned oil tanker off Nigeria and kidnapped 19 Indian and Turkish crew members in what have become the world’s most dangerous waters for such attacks. A statement Wednesday by the owner and Hong Kong-based managers said the Nave Constellation ship was...
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Thick smoke fills the sky above the TPC Group Port Neches Operations as emergency response crews try to contain the fire that continued to burn throughout the morning following an overnight explosion on Wednesday, Nov. 27, 2019, in Port Neches, Texas. Three workers were injured early Wednesday in a massive explosion at the Texas chemical plant that also blew out the windows and doors of nearby homes. (Kim Brent/The Beaumont Enterprise via AP)
December 05, 2019 - 7:43 am
PORT NECHES, Texas (AP) — Concerns over air quality have prompted a voluntary evacuation order that was in effect Thursday for a Texas Gulf Coast city where a pair of chemical plant explosions occurred last week. Port Neches issued the voluntary order for its 50,000 residents late Wednesday after...
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FILE - In this July 13, 2005, file photo, outgoing reformist Iranian President Mohammad Khatami talks on the phone with the mother of female journalist Masih Alinejad, right, after meeting with journalists in Tehran, Iran. Alinejad, famous for her campaign against the Islamic Republic’s mandatory headscarf, or hijab, for women filed a lawsuit on Monday, Dec. 2, 2019, in U.S. federal court against Iran, alleging a government-led harassment campaign targets her and her family. (AP Photo/Hasan Sarbakhshian, File)
December 05, 2019 - 7:30 am
DUBAI, United Arab Emirates (AP) — An Iranian-American activist famous for her campaign against the Islamic Republic’s mandatory headscarf, or hijab, for women has sued Iran in U.S. federal court, alleging a government-led harassment campaign targets her and her family. Masih Alinejad’s lawsuit...
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Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia, arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC at their headquarters in Vienna, Austria, Thursday, Dec. 5, 2019. (AP Photo/Ronald Zak)
December 05, 2019 - 7:22 am
VIENNA (AP) — The countries that make up the OPEC oil-producing cartel are meeting Thursday to decide whether to cut down on their production and push up prices of fuel and energy around the world. The group is expected to prolong production cuts they’ve agreed on for the past three years, though...
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December 05, 2019 - 6:12 am
JOHANNESBURG (AP) — Pirates have attacked a Greek-owned oil tanker off Nigeria and kidnapped 19 Indian and Turkish crew members. A statement Wednesday by the owner and Hong Kong-based managers of the Nave Constellation ship says it was attacked late Tuesday after it departed the Bonny Offshore...
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December 05, 2019 - 5:36 am
NICOSIA, Cyprus (AP) — The president of Cyprus says authorities are launching legal action at the International Court of Justice in the Hague against Turkey’s exploratory gas drilling inside Cypriot waters. President Nicos Anastasiades said Thursday this is part of his government’s pledge to use “...
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FILE - In this June 11, 2019, photo a pump jack operates in an oil field in the Permian Basin in Texas. The world may be heading into an oversupply of oil, and that possibility is hanging over members of the OPEC cartel, which will meet later this week to decide whether to further cut production to boost prices. (Jacob Ford/Odessa American via AP, File)
December 05, 2019 - 5:13 am
VIENNA (AP) — The countries that make up the OPEC oil-producing cartel are meeting Thursday to decide whether to cut down on their production and push up prices of fuel and energy around the world. The group is expected to prolong production cuts they’ve agreed on for the past three years, though...
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FILE - In this Oct. 18, 2019, file photo, Pacific Gas and Electric Company workers bury utility lines in Paradise, Calif. Pacific Gas & Electric officials urged a federal bankruptcy judge to approve an insurance settlement that would enable the nation's largest utility to regain its financial footing while covering at least $20 billion in losses stemming from catastrophic wildfires tied to its equipment and negligence. (AP Photo/Rich Pedroncelli, File)
December 04, 2019 - 7:42 pm
SAN FRANCISCO (AP) — Pacific Gas & Electric on Wednesday urged a federal bankruptcy judge to approve a key insurance settlement as it struggles to regain its financial footing and cover at least $20 billion in losses stemming from catastrophic wildfires in California tied to its equipment. The...
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FILE - In this Oct. 18, 2019, file photo, Pacific Gas and Electric Company workers bury utility lines in Paradise, Calif. Pacific Gas & Electric officials urged a federal bankruptcy judge to approve an insurance settlement that would enable the nation's largest utility to regain its financial footing while covering at least $20 billion in losses stemming from catastrophic wildfires tied to its equipment and negligence. (AP Photo/Rich Pedroncelli, File)
December 04, 2019 - 7:27 pm
SAN FRANCISCO (AP) — Pacific Gas & Electric on Wednesday urged a federal bankruptcy judge to approve a key insurance settlement as it struggles to regain its financial footing and cover at least $20 billion in losses stemming from catastrophic wildfires in California tied to its equipment. The...
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Traders Robert Arciero, left, and Timothy Nick work on the floor of the New York Stock Exchange, Wednesday, Dec. 4, 2019. Stocks are opening broadly higher as traders became more hopeful that a trade deal between the U.S. and China was making progress. (AP Photo/Richard Drew)
December 04, 2019 - 4:58 pm
Stocks closed broadly higher Wednesday amid renewed hopes on Wall Street that a U.S. trade deal with China may be nearing, despite tough recent talk from President Donald Trump. The gains snapped a three-day losing streak for the S&P 500, though the benchmark index remains on track for a weekly...
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