Oil and gas industry

FILE - In this Sunday, Oct. 22, 2017 file photo, Saudi King Salman speaks during a meeting of the Saudi-Iraqi Bilateral Coordination Council with Secretary of State Rex Tillerson and Iraqi Prime Minister Haider al-Abadi, in Riyadh, Saudi Arabia. President Donald Trump says he has received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, "maybe up to 2,000,000 barrels," in response to turmoil in Iran and Venezuela. Trump said on Twitter Saturday, June 30, 2018, that he asked Salman to increase oil production "to make up the difference...Prices to high! He has agreed!" Saudi Arabia acknowledged the call took place, but mentioned no production targets. (AP Photo/Alex Brandon, Pool, File)
July 01, 2018 - 12:38 am
BERKELEY HEIGHTS, N.J. (AP) — President Donald Trump said Saturday that he had received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, "maybe up to 2,000,000 barrels" in response to turmoil in Iran and Venezuela. Saudi Arabia acknowledged the call took...
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July 01, 2018 - 12:15 am
BERKELEY HEIGHTS, N.J. (AP) — The Latest on President Donald Trump and Saudi oil production (all times local): 9:40 p.m. President Donald Trump says in a tweet that King Salman of Saudi Arabia has assured him that his country will boost oil production, perhaps as much as 2 million barrels, in...
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In this photo taken on Friday, June 29, 2018, tourists and soccer fans walk in the State Shop, GUM, decorated with giant soccer balls during the 2018 soccer World Cup in Moscow, Russia. The World Cup is sending business surging across the 11 Russian cities hosting soccer’s biggest show. Bars, taxi services, dumpling sellers and nesting doll vendors are among those benefiting. The Russian president was counting on just such a boost after U.S. and European sanctions and low oil prices sank the country into recession. But experts warn the boon won’t last long without deeper economic reforms. (AP Photo/Alexander Zemlianichenko)
June 30, 2018 - 7:25 am
MOSCOW (AP) — Moscow's beer kegs are emptying fast and demand for Vladimir Putin T-shirts is overwhelming St. Petersburg street vendors as the World Cup sends business surging across the 11 Russian cities hosting soccer's biggest show. The Russian president was counting on just such a boost after U...
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As the Public Utilities Commission nears a vote, Tania Aubid leaves the room and tells commissioners, “You have just declared war on the Ojibwe people.” Aubid is Ojibwe. She said, after leaving the meeting, “I’m hurt because Minnesota did not uphold their end to protect Native people. We were giving them the voice for a healthy future.” The Minnesota Public Utilities Commission began its deliberations on Enbridge Energy's proposed Line 3 pipeline replacement project Thursday, June 28, 2018 at its headquarters in St. Paul, ten days after beginning its final round of hearings and question sessions in the case. (Evan Frost/Minnesota Public Radio via AP)
June 28, 2018 - 8:52 pm
ST. PAUL, Minn. (AP) — Minnesota regulators on Thursday approved Enbridge Energy's proposal to replace its aging Line 3 oil pipeline, angering opponents who say the project threatens pristine areas and have vowed Standing Rock-style protests if needed to block it. All five members of the Public...
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June 28, 2018 - 1:00 pm
Importers of Iranian oil are facing pressure from the United States to find another energy source or be hit with sanctions. The Trump administration is threatening other countries, including close allies such as South Korea, with the sanctions if they don't cut off Iranian imports by early November...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, June 28, 2018. Asian markets were mixed on Thursday, as White House statements on trade left investors divided on whether the administration was interested in soothing tensions with China. (AP Photo/Vincent Yu)
June 28, 2018 - 8:17 am
SINGAPORE (AP) — Global stocks were mixed Thursday as investors digested assurances from the U.S. and China on trade, after a series of exchanges between the two resulted in widespread uncertainty. KEEPING SCORE: Germany's DAX was down 1.2 percent to 12,206 and France's CAC 40 shed 0.6 percent to 5...
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Lawyer Bernard Collaery, left, addresses the media as lawmaker Andrew Wilkie, right, looks on in Parliament House in Canberra, Australia, Thursday, June 28, 2018. Wilkie revealed in Parliament that Collaery and a former spy client who accused the Australian government of illegally bugging the East Timorese Cabinet have been charged with conspiring to disclose secret information. (AP Photo/Rod McGuirk)
June 28, 2018 - 7:23 am
CANBERRA, Australia (AP) — A former spy and his lawyer who accused the Australian government of illegally bugging the East Timorese Cabinet while negotiating a deal to share oil and gas revenue have been charged with conspiring to disclose secret information. Independent lawmaker Andrew Wilkie used...
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A currency trader works at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, June 27, 2018. Asian markets were mostly lower on Wednesday as jitters over trade conflicts between the world's major economies lingered. (AP Photo/Ahn Young-joon)
June 27, 2018 - 7:31 am
SEOUL, South Korea (AP) — Global markets were subdued on Wednesday as jitters over trade conflicts between the world's largest economies lingered. Oil prices extended their gains as the U.S. pushed other countries to cut oil imports from Iran. KEEPING SCORE: Britain's FTSE 100 was up 0.3 percent at...
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June 26, 2018 - 12:58 pm
WASHINGTON (AP) — The United States is pushing foreign countries to cut their oil imports from Iran to zero by November, a senior State Department official said Tuesday, as the Trump administration escalates its bid to pressure Iran after pulling out of the nuclear deal. The price of U.S. crude...
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FILE - In this file photo taken on Monday, July 18, 2016, butchers prepare cuts of meat at Smithfield Market, in London. A shortage of carbon dioxide in Europe is hitting food processing companies who rely on the gas to stun animals before slaughter, as it is announced Tuesday June 26, 2018, that some meat processing plants will run out of CO2 within days. (AP Photo/Kirsty Wigglesworth, FILE)
June 26, 2018 - 8:44 am
LONDON (AP) — After beer, the summer barbecue may now be under threat in northern Europe. A shortage of carbon dioxide that has already drawn warnings from beer makers about potential production problems is also hitting food processing companies. Scotland's biggest pork producer said Tuesday it...
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