Oil and gas industry

Greta Thunberg, a 16-year-old climate activist from Sweden, sits on a catamaran docked in Hampton, Va., on Tuesday, Nov. 12, 2019. Thunberg will leave North America and begin her return trip across the Atlantic on Wednesday aboard a 48-foot (15-meter) catamaran sailboat whose passengers include an 11-month-old baby. The boat leaves little to no carbon footprint, boasting solar panels and a hydro-generators for power. (AP Photo/Ben Finley)
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November 13, 2019 - 7:07 am
PARIS (AP) — The world's thirst for oil will continue to grow until the 2030s, with climate-damaging emissions climbing until at least 2040 — and consumers' insatiable appetite for SUVs is a big reason why. Mounting demand for plastic is another factor. So is increasing plane travel. And the...
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November 12, 2019 - 7:07 pm
SEATTLE (AP) — A federal lawsuit filed Tuesday aims to keep one of the world's biggest methanol refineries from being built along the Columbia River in Washington state. Plans for the $2 billion refinery, shipping terminal and pipeline project in the small city of Kalama are already stalled after a...
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Turkish President Recep Tayyip Erdogan speaks to reporters before a visit to the United States, in Ankara, Turkey, Tuesday, Nov. 12, 2019. Erdogan warned European nations Tuesday that his country could release all the Islamic State group prisoners it holds and send them to Europe, in response to EU sanctions over Cyprus.(Presidential Press Service via AP, Pool)
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November 12, 2019 - 5:15 am
ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan on Tuesday issued a veiled threat suggesting Turkey could release the Islamic State group prisoners it holds and send them to Europe, angered at a EU decision to impose sanctions on his country over its drilling for gas in Mediterranean...
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In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks in a public gathering at the city of Yazd, some 410 miles (680 kilometers) southeast of the capital Tehran, Iran, Sunday, Nov. 10, 2019. Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude oil, Rouhani said Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions. (Office of the Iranian Presidency via AP)
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November 10, 2019 - 12:16 pm
TEHRAN, Iran (AP) — Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions. The announcement by Hassan...
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A man walks near a compound for Saudi Aramco in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Amr Nabil)
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November 10, 2019 - 4:51 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil giant Aramco released a lengthy document late Saturday that lays the ground for investors to buy into the world's most profitable company, but it remains unknown how much is on offer. In its preliminary prospectus, Aramco revealed...
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November 08, 2019 - 4:19 pm
BERLIN (AP) — MSC Cruises says it will become the world's first global cruise operator to go "carbon neutral" by donating money to reduce or capture the equivalent amount of greenhouse gas emissions its ships produce. The announcement Friday in Hamburg comes amid criticism from environmental...
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FILE - In this Monday, Oct. 28, 2019 file photo, U.S. forces patrol Syrian oil fields, in eastern Syria.President Donald Trump's decision to dispatch new U.S. forces to eastern Syria to secure oil fields is being criticized by some experts as ill-defined and ambiguous. But the residents of the area, one of the country's most remote and richest regions, hope the U.S. focus on eastern Syria would bring an economic boon and eliminate what remains of the Islamic State group. (AP Photo/Baderkhan Ahmad, File)
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November 08, 2019 - 11:20 am
BEIRUT (AP) — As U.S. troops beef up in eastern Syria to protect oil fields, residents hope their mission will bring stability and prosperity to the remote and resource-rich region —and keep the Syrian government out. Their hopes reflect the expectations being piled onto the operation, even as...
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Ted Wells, Jr., left, the lead attorney for Exxon, leaves Manhattan Supreme court with a colleague Thursday, Nov. 7, 2019, in New York. New York's attorney general is accusing Exxon Mobil of misleading investors about how profitable the company will remain as governments impose stricter regulations to combat global warming. (AP Photo/Frank Franklin II)
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November 07, 2019 - 1:34 pm
NEW YORK (AP) — Climate change may be the defining risk for oil and gas companies in coming decades, and attorneys for New York state are saying Exxon Mobil misled investors about how it was handling that risk. The state made closing arguments Thursday in a case that accused the energy giant of...
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Hungarian Prime Minister Viktor Orban, right, welcomes Turkish President Recep Tayyip Erdogan before a meeting, in Budapest, Hungary, Thursday, Nov. 7, 2019. Erdogan is on a one-day state visit to Hungary. (Presidential Press Service via AP, Pool)
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November 07, 2019 - 12:22 pm
BUDAPEST, Hungary (AP) — Hungary plans to be able to get natural gas from the TurkStream pipeline by the end of 2021, Prime Minister Viktor Orban said Thursday after hosting a meeting with Turkish President Recep Tayyip Erdogan. Hungary depends greatly on natural gas from Russia. It now arrives...
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FILE - In this Oct. 30, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Nov 6. (AP Photo/Richard Drew, File)
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November 06, 2019 - 4:31 pm
NEW YORK (AP) — A meandering day of trading left U.S. stock indexes close to their record highs on Wednesday, as strong gains for health care companies jousted with sharp drops in energy stocks. The market took a decisive turn lower in the middle of the day after a report from Reuters said the...
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