Oil and gas industry

April 01, 2018 - 4:24 pm
DUBAI, United Arab Emirates (AP) — The Persian Gulf island nation of Bahrain says it has discovered its largest oil field since the country's first oil well began operation nearly 90 years ago. The government said Sunday that the new resource is "understood to dwarf Bahrain's current reserves."...
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March 29, 2018 - 6:59 pm
NEW YORK (AP) — A federal judge has dismissed a lawsuit by Exxon Mobil aimed at stopping an investigation by New York and Massachusetts officials into whether the oil giant misled investors and the public about its knowledge of climate change and how the issue could affect its business. U.S...
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Sen. John Barrasso, EPA Administrator Scott Pruitt and Sen. Mike Enzi talk to the press after a tour of the Black Thunder Coal Mine outside of Wright, Wyo., Thursday, Mar. 29, 2018. (Josh Galemor/The Casper Star-Tribune via AP)
March 29, 2018 - 6:58 pm
WASHINGTON (AP) — The head of the Environmental Protection Agency lived in a Capitol Hill condominium linked to a prominent Washington lobbyist whose firm represents a roster of fossil fuel companies. ABC News first reported Thursday that EPA Administrator Scott Pruitt had been living in a building...
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March 29, 2018 - 8:39 am
BAGHDAD (AP) — Iraq has brought forward the date for oil companies to bid on exploring and developing nearly a dozen hydrocarbon-rich areas to April 15, instead of June. Thursday's announcement by Abdul-Mahdi al-Ameedi, who heads the Oil Ministry's Licensing and Petroleum Contracts Department, took...
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FILE- In this Oct. 2, 2014, file photo, the Wall Street subway stop on Broadway, in New York's Financial District. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, March 28, 2018. (AP Photo/Richard Drew, File)
March 28, 2018 - 5:06 pm
U.S. stock indexes struggled to find direction Wednesday, ending the choppy day of trading with a loss for the second straight day. The latest market decline was modest compared with the previous day's steep drop, but both were largely driven by a sell-off in technology stocks. Losses in Amazon,...
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FILE- In this Oct. 2, 2014, file photo, the Wall Street subway stop on Broadway, in New York's Financial District. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, March 28, 2018. (AP Photo/Richard Drew, File)
March 28, 2018 - 2:36 pm
U.S. stock indexes veered between gains and losses Wednesday afternoon as the recent run of choppy trading continued. Drugstore chains and health care stocks posted solid gains. Amazon, Netflix and other consumer-services and technology companies weighed on the market. Energy stocks fell in tandem...
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March 27, 2018 - 6:14 pm
OKLAHOMA CITY (AP) — Pressure mounted Tuesday on the Republican-led Oklahoma Legislature to broker a deal on taxes to pay for hundreds of millions in new education spending and avert a threatened strike of teachers next week. The leader of the state's largest teacher's union said Monday's planned...
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In this March 13, 2018, photo, Alaska Gov. Bill Walker speaks by phone to a reporter not physically present for a media availability at the governor's mansion in Juneau, Alaska. Walker has taken heat for limiting the size of the check that residents receive from Alaska's oil-wealth fund earnings but has stood by that action, saying it was taken to help save the program into the future. (AP Photo/Becky Bohrer)
March 26, 2018 - 4:34 pm
JUNEAU, Alaska (AP) — The joke has always been that Alaska is so wealthy, it pays its residents to live here. But those yearly checks have gotten smaller, and could undergo a massive change, as Alaska struggles to pay state troopers and fix roads amid years of low oil prices. After oil started...
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Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Monday, March 26, 2018. U.S. stocks rose sharply in early trading Monday as the market made up some of its huge losses from last week. (AP Photo/Richard Drew)
March 26, 2018 - 11:31 am
U.S. stocks moved broadly higher in morning trading Monday despite losing some momentum after a strong rally earlier in the day. Technology and financial stocks, which took some of the biggest losses last week, accounted for much of the market's gains. Investors drew encouragement from signs that...
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FILE - In this March 5, 2013, file photo, former Sen. Clem Tillion speaks during the Alaska Legislative Centennial at Rockwell's restaurant in Juneau, Alaska. Tillion, a former state legislator, has supported the existing law for calculating the annual check that Alaska residents receive from the state's oil-wealth fund and was part of an effort that unsuccessfully challenged Gov. Bill Walker's 2016 halving of the checks. (Michael Penn/The Juneau Empire via AP, File)
March 26, 2018 - 12:40 am
JUNEAU, Alaska (AP) — The joke has always been that Alaska is so wealthy it pays its residents to live here. But those yearly checks have gotten smaller, and could undergo a massive change, as Alaska struggles to pay state troopers and fix roads amid years of low oil prices. After oil started...
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