Oil and gas industry

FILE - This Oct. 8, 2019, file photo the logo for Chevron appears above a trading post on the floor of the New York Stock Exchange. Chevron Corp. says it will acquire Noble Energy in an all-stock deal valued at $5 billion. The San Ramon, California-based Chevron has been shopping for an acquisition for months as oil prices have tanked due to the coronavirus outbreak. (AP Photo/Richard Drew, File)
July 20, 2020 - 8:40 am
NEW YORK (AP) — Chevron will take over Noble Energy for $5 billion in the first big deal announced since the coronavirus pandemic shook the energy sector. Chevron has been shopping for assets since last year and with crude prices down more than 30% this year, it jumped Monday with its all-stock...
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FILE - In this Dec. 10, 2019, file photo, Saudi King Salman chairs the 40th Gulf Cooperation Council Summit in Riyadh, Saudi Arabia. King Salman has been admitted to a hospital in the capital, Riyadh, for medical tests due to inflammation of the gallbladder, the kingdom's Royal Court said Monday, July 20, 20202 in a statement carried by the official Saudi Press Agency. (AP Photo/Amr Nabil)
July 20, 2020 - 4:02 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s King Salman has been admitted to a hospital in the capital, Riyadh, for medical tests due to inflammation of the gallbladder, the kingdom’s Royal Court said Monday in a statement carried by the official Saudi Press Agency. The statement said the 84-...
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Oil tanker sought by the U.S. was hijacked july 5 off the U.A.E. coast.;
July 19, 2020 - 3:16 am
DUBAI, United Arab Emirates (AP) — A United Nations agency acknowledged Sunday that a U.S.-sought oil tanker “hijacked” off the coast of the United Arab Emirates after allegedly smuggling Iranian crude oil is back in Iranian waters. The International Labor Organization said that the MT Gulf Sky was...
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July 17, 2020 - 12:24 pm
TRAVERSE CITY, Mich. (AP) — Michigan sought a pledge Friday from Enbridge Inc. to cover costs that would arise if oil were to leak from its dual pipelines that extend across a channel linking two of the Great Lakes. Department of Natural Resources Director Dan Eichinger asked the Canadian pipeline...
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FILE - In this April 9, 2010 file photo, a Russian construction worker speaks on a mobile phone in Portovaya Bay some 170 kms (106 miles) north-west from St. Petersburg, Russia, during a ceremony marking the start of Nord Stream pipeline construction. The Trump administration is hardening its efforts to prevent the completion of a new German-Russian natural-gas pipeline by warning all companies involved in the project they'll be subject to U.S. sanctions. Secretary of State Mike Pompeo announced Wednesday the administration is ending grandfather clauses that had exempted firms previously involved in the pipeline's construction from sanctions. The move opens the door for U.S. economic and financial penalties to be imposed on any European and other foreign company for work on Nord Stream 2. (AP Photo/Dmitry Lovetsky, file)
July 16, 2020 - 12:59 pm
WASHINGTON (AP) — The Trump administration on Wednesday hardened its efforts to prevent the completion of new German-Russian and Turkish-Russian natural gas pipelines by warning companies involved in the projects they'll be subject to U.S. penalties unless they halt their work. The move will likely...
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Oil tanker sought by the U.S. was hijacked july 5 off the U.A.E. coast.;
July 15, 2020 - 11:28 pm
DUBAI, United Arab Emirates (AP) — An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates, a seafarers welfare organization said Wednesday. Satellite photos showed the vessel in Iranian waters on Tuesday and...
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President Donald speaks during an event on American infrastructure at UPS Hapeville Airport Hub, Wednesday, July 15, 2020, in Atlanta. (AP Photo/Evan Vucci)
July 15, 2020 - 5:53 pm
ATLANTA (AP) — President Donald Trump announced Wednesday that he is rolling back a foundational Nixon-era environmental law that he says stifles infrastructure projects, but that is credited with keeping big construction projects from fouling up the environment and ensuring there is public input...
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FILE - In this Thursday, Dec. 5, 2019, file photo, the advertising label of the Organization of the Petroleum Exporting Countries, OPEC, shines at their headquarters in Vienna, Austria. Ministers from the OPEC cartel have agreed to allow more oil to flow from the taps, saying demand for oil is growing as economies take steps to re-open. But they also cautioned that they could revisit the decision in an emergency meeting if there are serious lockdowns that further reduce demand for oil. (AP Photo/Ronald Zak, File)
July 15, 2020 - 5:29 pm
NEW YORK (AP) — Ministers from the OPEC cartel have agreed to allow more oil to flow from the taps, saying demand for oil is growing as economies take steps to reopen. But they also cautioned that they could revisit the decision in an emergency meeting if there are serious lockdowns that further...
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FILE - This Sunday, June 21, 2020 photo provided by Olga Burtseva shows an outdoor thermometer indicating 30 Celsius (86 Fahrenheit) around 11 p.m in Verkhoyansk, Sakha Republic, about 4,660 kilometers (2,900 miles) northeast of Moscow, Russia. A record-breaking temperature of 38 degrees Celsius (100.4 degrees Fahrenheit) was registered in the Arctic town the previous day in a prolonged heatwave that has alarmed scientists around the world. (Olga Burtseva via AP)
July 15, 2020 - 5:14 pm
Nearly impossible without man-made global warming, this year’s freak Siberian heat wave is producing climate change’s most flagrant footprint of extreme weather, a new flash study says. International scientists released a study Wednesday that found the greenhouse effect multiplied the chance of the...
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FILE - In this May 13, 2020, file photo, Ford Motor Co., line workers put together ventilators that the automaker is assembling at the Ford Rawsonville plant in Ypsilanti Township, Mich. American industry rebounded last month as factories began to reopen for the first time since being shut down by the coronavirus in Aprll. The Federal Reserve said Tuesday, June 16, 2020, that industrial production — including output at factories, mines and utilities — rose 1.4% in May after plummeting a record 12.4% in April and 4.6% in March. (AP Photo/Carlos Osorio, File)
July 15, 2020 - 10:04 am
WASHINGTON (AP) — Production at America's factories, utilities and mines surged last month, but remained well below pre-pandemic levels. The Federal Reserve said Wednesday that U.S. industrial production rose 5.4% in June, the second straight monthly gain after a 1.4% uptick in May. But it was...
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