Oil and gas industry

May 05, 2018 - 5:51 pm
BAAR, Switzerland (AP) — Commodities giant Glencore says it is terminating a proposed deal to sell nearly all its stake in Russian oil company Rosneft to a Chinese energy company. Baar, Switzerland-based Glencore said Friday that it has sent notice to CEFC China Energy Company Ltd. that the deal...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Friday, May 4, 2018. Stocks opened moderately lower across the board, putting the market on track for its fourth loss this week. (AP Photo/Richard Drew)
May 04, 2018 - 3:45 pm
NEW YORK (AP) — U.S. stocks are jumping Friday as Apple rises to an all-time high after Warren Buffett said his company bought more of Apple's stock. That's helping a rally for technology companies. Retailers, banks and most other groups of stocks are also higher. A slightly disappointing April...
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FILE In this file photo taken on Thursday, April 5, 2018, Russian President Vladimir Putin enters a hall to chair a meeting of the State Council in the Kremlin in Moscow, Russia. If Putin fulfills the goals he's set for his new six-year term as president, Russia in 2024 will be far advanced in new technologies and artificial intelligence, many of its notoriously poor roads will be improved, and its people will be living significantly longer. (AP Photo/Alexander Zemlianichenko, Pool, File)
May 04, 2018 - 4:23 am
MOSCOW (AP) — If Vladimir Putin fulfills the goals he's set for his new six-year term as president, Russia in 2024 will be far advanced in new technologies and artificial intelligence, many of its notoriously poor roads will be improved, and its people will be living significantly longer. There's...
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May 02, 2018 - 8:43 am
NICOSIA, Cyprus (AP) — Cyprus' energy minister says companies with a stake in a gas field off the east Mediterranean island will sit down with an Israeli company to settle a dispute over how much the field extends into Israeli waters. Energy Minister Yiorgos Lakkotrypis said Wednesday that the...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Wednesday, May 2, 2018. Shares are mixed in Asia after a topsy-turvy May Day session on Wall Street, where most benchmarks recovered from early losses as Apple led a rally in technology companies. (AP Photo/Koji Sasahara)
May 02, 2018 - 5:16 am
BANGKOK (AP) — Shares were higher in Europe on Wednesday after a day of losses in most Asian markets. Investors are looking ahead to Federal Reserve meeting and to China-U.S. trade talks later in the week. KEEPING SCORE: Germany's DAX added 1.2 percent to 12,756.54 and the CAC 40 of France gained 0...
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In this Tuesday, May 1, 2018 photo, Jihad Azour, the International Monetary Fund Director of the Middle East and Central Asia talks with the The Associated Press at the Dubai International Financial Center in Dubai, United Arab Emirates. The International Monetary Fund says nearly 23 percent of the Mideast’s youth are unemployed and warns that unless deeper reforms are made, millions of Arab youth entering the labor market each year may not find jobs_ a key source of frustration during 2011’s Arab Spring protests. (AP Photo/Kamran Jebreili)
May 02, 2018 - 1:42 am
DUBAI, United Arab Emirates (AP) — The International Monetary Fund said Wednesday that nearly a quarter of the Middle East's youth are unemployed, warning that unless deeper reforms are made, millions of young people entering the labor market each year may not find jobs. The IMF says current levels...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Wednesday, May 2, 2018. Shares are mixed in Asia after a topsy-turvy May Day session on Wall Street, where most benchmarks recovered from early losses as Apple led a rally in technology companies. (AP Photo/Koji Sasahara)
May 02, 2018 - 12:55 am
BANGKOK (AP) — Shares are mixed in Asia after a topsy-turvy May Day session on Wall Street, where most benchmarks recovered from early losses as Apple led a rally in technology companies. KEEPING SCORE: Japan's Nikkei 225 index slipped 0.3 percent to 22,444.09 and the Hang Seng in Hong Kong lost 0...
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FILE- This April 5, 2018, file photo shows the facade of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, May 1, 2018. (AP Photo/Richard Drew, File)
May 02, 2018 - 12:06 am
BANGKOK (AP) — Shares are mixed in Asia after a topsy-turvy May Day session on Wall Street, where most benchmarks recovered from early losses as Apple led a rally in technology companies. KEEPING SCORE: Japan's Nikkei 225 index slipped 0.3 percent to 22,451.80 and the Hang Seng in Hong Kong lost 0...
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In this March 26, 2018 photo, people are reflected on an electronic stock indicator of a securities firm in Tokyo. Tokyo stocks were marginally higher Tuesday, May 1, 2018, while most other major Asian markets were closed for public holidays. The White House’s announcement that it would postpone a decision on imposing hefty tariffs on U.S. imports of steel and aluminum products from some countries helped boost investor sentiment. (AP Photo/Shizuo Kambayashi)
May 01, 2018 - 7:23 am
SEOUL, South Korea (AP) — Stocks were higher in Britain and Japan on Tuesday while most other major markets were closed for public holidays. The White House's postponement of a decision on imposing hefty tariffs on U.S. imports of steel and aluminum products from some countries helped boost...
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May 01, 2018 - 2:45 am
LONDON (AP) — BP says first-quarter earnings surged 70 percent as the energy company profited from rising oil prices and increased production. The London-based company reported net income of $2.47 billion, up from $1.45 billion in the same period last year. Underlying replacement cost profit rose...
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