Energy industry

A woman wearing face mask walks past a bank electronic board showing the Hong Kong share index Tuesday, May 19, 2020. Asian shares rose Tuesday on optimism about a potential vaccine for the coronavirus after hopes for a U.S. economic recovery in the second half of the year sent Wall Street into a rebound. (AP Photo/Vincent Yu)
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May 19, 2020 - 12:09 am
TOKYO (AP) — Asian shares rose Tuesday on optimism about a potential vaccine for the coronavirus after hopes for a U.S. economic recovery in the second half of the year sent Wall Street into a rebound. Japan's benchmark Nikkei 225 added 1.9% in morning trading to 20,517.42. Australia's S&P/ASX...
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Los Angeles Police Department officers work the scene of a structure fire that injured multiple firefighters, according to a fire department spokesman, Saturday, May 16, 2020, in Los Angeles. (AP Photo/Mark J. Terrill)
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May 17, 2020 - 10:12 pm
LOS ANGELES (AP) — Police and fire investigators launched a criminal probe Sunday into the cause of an explosion at a hash oil manufacturer in downtown Los Angeles that sent firefighters running for their lives. Detectives from the Los Angeles Police Department's major crimes division were working...
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1010 WINS Newsroom
May 17, 2020 - 1:35 pm
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline rose a nickel over the past three weeks, to $1.97 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that the slight jump comes after prices at the pump crashed for nine weeks straight during the...
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FILE - In this April 30, 2017 file photo, released by an official website of the office of the Iranian Presidency, Iranian President Hassan Rouhani, center, inaugurates the Persian Gulf Star Refinery in Bandar Abbas, Iran. Five Iranian tankers likely carrying at least $45.5 million worth of gasoline and similar products are now sailing to Venezuela as of Sunday, May 17, 2020, part of a wider deal between the two U.S.-sanctioned nations amid heightened tensions between Tehran and Washington. Analysts say the gasoline they carry came from the Persian Gulf Star Refinery. (Iranian Presidency Office via AP, File)
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May 17, 2020 - 1:14 pm
DUBAI, United Arab Emirates (AP) — Five Iranian tankers likely carrying at least $45.5 million worth of gasoline and similar products are now sailing to Venezuela, part of a wider deal between the two U.S.-sanctioned nations amid heightened tensions between Tehran and Washington. The tankers'...
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A worker pushed s trash can on a largely empty Bourbon Street, due to the coronavirus pandemic, in the French Quarter of New Orleans, Tuesday, May 12, 2020. Attempts to curb the spread of COVID-19 have visited a kind of triple economic whammy on the state. (AP Photo/Gerald Herbert)
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May 17, 2020 - 8:58 am
NEW ORLEANS (AP) — Every Labor Day weekend, St. Mary Parish celebrates two industries at a tourist event with a seemingly improbable title: the Louisiana Shrimp and Petroleum Festival. With a shrimp in a hard hat clinging to an oil derrick as its logo, the festival may the best example of how...
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Los Angeles Fire Department firefighters push ambulance cots at the scene of a structure fire that injured multiple firefighters, according to a fire department spokesman, Saturday, May 16, 2020, in Los Angeles. (AP Photo/Damian Dovarganes)
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May 17, 2020 - 7:39 am
LOS ANGELES (AP) — An explosion Saturday at a hash oil manufacturer in downtown Los Angeles injured 11 firefighters who had gone inside and on the roof to try to knock down a fire and then had to run for their lives when a ball of flames shot out the building and scorched a fire truck across the...
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A currency trader talks near screens at the foreign exchange dealing room in Seoul, South Korea, Friday, May 15, 2020. Asian shares were mixed Friday as markets meandered on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus. (AP Photo/Lee Jin-man)
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May 15, 2020 - 4:48 pm
Stocks capped another wobbly day of trading on Wall Street with modest gains Friday, though the S&P 500 still ended with its biggest weekly loss in nearly two months. The benchmark index rose 0.4% after falling 1.3% earlier in the day as investors weighed more grim data showing how badly the...
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In this Thursday, April 30, 2020, photo storage tanks at a refinery along the Houston Ship Channel are seen with downtown Houston in the background. Like in other cities, the coronavirus has shut down much of Houston's economic activity, slashing thousands of jobs, while at the same time, the price of oil plunged below zero recently as demand plummeted due to the worldwide lockdown to stop the spread of the virus. This one-two punch from COVID-19 and the collapse in oil prices will make it much harder for Houston to recover from a looming recession, according to economists. (AP Photo/David J. Phillip)
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May 14, 2020 - 3:21 pm
Almost 75% of small businesses in a survey applied for help from a federal loan program designed to keep workers employed during the coronavirus pandemic, but only 38% of small businesses received any money, according to survey results the U.S. Census Bureau released Thursday. Oil extraction and...
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1010 WINS Newsroom
May 14, 2020 - 11:39 am
COPENHAGEN, Denmark (AP) — Norway’s wealth fund, which wants to become one of the most ethical investors in the world, is dropping its investment in several major mining and fossil fuel companies after they failed to meet its environmental standards. The list also included Germany utility giant and...
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FILE - This undated file photo shows the Trans-Alaska pipeline and pump station north of Fairbanks, Alaska. The future of Alaska's unique program of paying residents an annual check is in question, with oil prices low and an economy struggling during the coronavirus pandemic. (AP Photo/Al Grillo, File)
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May 14, 2020 - 9:41 am
JUNEAU, Alaska (AP) — Alaska has no income or statewide sales taxes, and it cuts residents a check every year from its oil wealth. But the future of that unique payout is in question amid low oil prices and an economy battered by the coronavirus pandemic. The size of the check — expected to be...
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