Oil and gas industry

FILE - In this July 18, 2018 file photo, a farmer holds soybeans from the previous season's crop at his farm in southern Minnesota. Most soy grown in the U.S. are conventional, herbicide-tolerant GMOs. Though regulators say GMOs are safe, health and environmental worries have persisted and companies will soon have to disclose when products have “bioengineered” ingredients. (AP Photo/Jim Mone)
March 12, 2019 - 4:46 pm
NEW YORK (AP) — Somewhere in the Midwest, a restaurant is frying foods with oil made from gene-edited soybeans. That's according to the company making the oil, which says it's the first commercial use of a gene-edited food in the U.S. Calyxt said it can't reveal its first customer for competitive...
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People wait in line to fill up containers with water from a public fountain in Caracas, Venezuela, Tuesday, March 12, 2019. Most people have been deprived of power, water and communications since last Thursday when nationwide power outages first hit, abruptly worsening conditions in a nation already struggling with hyperinflation and shortages of food and medicine. (AP Photo/Fernando Llano)
March 12, 2019 - 3:40 pm
CARACAS, Venezuela (AP) — The Latest on the political and economic crisis in Venezuela (all times local): 3:30 p.m. Like many other Venezuelans, they were sick and tired of the blackout. Colombian authorities say 10 people close to President Nicolas Maduro tried to enter the country Monday seeking...
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FILE - This Sept. 12, 2008 file photo, shows the U.S. embassy in Caracas, Venezuela. The U.S. Secretary of State Mike Pompeo has announced on Monday, March 11, 2019, that it will withdraw all remaining U.S. personnel from the U.S. Embassy in Caracas, Venezuela this week. (AP Photo/Howard Yanes, File)
March 12, 2019 - 7:11 am
CARACAS, Venezuela (AP) — The latest on Venezuela's political and economic crisis (all times local): 7:10 a.m. Russian state oil company Rosneft has rejected accusations by U.S. Secretary of State Mike Pompeo that it is violating sanctions on Venezuela. Pompeo said Monday that Rosneft CEO Igor...
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People collect water from an open pipe above the Guaire River during rolling blackouts, which affects the water pumps in people's homes, offices and stores, in Caracas, Venezuela, Monday, March 11, 2019. The blackout has intensified the toxic political climate, with opposition leader Juan Guaido blaming alleged government corruption and mismanagement and President Nicolas Maduro accusing his U.S.-backed adversary of sabotaging the national grid. (AP Photo/Fernando Llano)
March 11, 2019 - 6:11 pm
WASHINGTON (AP) — The Trump administration imposed sanctions Monday on a Moscow-based bank jointly owned by Russian and Venezuelan state-owned companies, for allegedly trying to circumvent U.S. sanctions on the South American country. Meanwhile, Secretary of State Mike Pompeo lashed out at Cuba and...
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FILE- In this Jan. 7, 2019, file photo a customer shops in a Sears store in the Brooklyn borough of New York. On Monday, March 11, the Commerce Department releases U.S. retail sales data for December and January. (AP Photo/Mark Lennihan, File)
March 11, 2019 - 10:45 am
WASHINGTON (AP) — U.S. retail sales rose slightly in January after a sharp drop in December, reflecting caution taken by consumers amid a government shutdown and volatile stock market. Retail sales increased just 0.2 percent, the Commerce Department said Monday, after a sharp fall of 1.6 percent in...
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In this Feb. 28, 2019, photograph, a storage tank stands near a well pad located in a field near a housing development in Broomfield, Colo. Frustrated residents of a Denver suburb say state law is forcing them to participate in a major oil and gas drilling project against their wishes, so they launched legal challenges with potentially significant consequences for the industry. Backed by a federal judge, they have a chance this week to ask state regulators to block multiple wells planned within about 1,300 feet (400 meters) of homes in the city of Broomfield. (AP Photo/David Zalubowski)
March 11, 2019 - 10:05 am
DENVER (AP) — Frustrated residents of a Denver suburb say state law is forcing them to participate in a major oil and gas drilling project against their wishes, so they launched legal challenges with potentially significant consequences for the industry. Backed by a federal judge, they have a...
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March 10, 2019 - 4:53 pm
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline is up 6 cents a gallon (3.8 liters) over the past two weeks, to $2.50. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that the price at the pump is 9 cents lower than it was a year ago. The highest...
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FILE- In this Tuesday, March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 8. (AP Photo/Richard Drew, File)
March 08, 2019 - 4:56 pm
Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy...
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FILE - In this June 8 2006 file photo, The Troll, a gas platform run by the Norwegian oil giant Statoil company, stands above the North Sea, about 70 kilometers off the coast of Norway. Norway’s $1 trillion wealth fund will begin dumping its shares in oil and gas companies, paving the way for a huge divestment in the likes of Royal Dutch Shell and Exxon Mobil, Minister of Finance Siv Jensen said Friday March 8, 2019. (Marit Hommedal / Scanpix via AP, File)
March 08, 2019 - 9:50 am
STAVANGER, Norway (AP) — Norway's $1 trillion wealth fund, the biggest of its kind in the world, will begin dumping shares in oil and gas companies, but stopped short of barring major producers like ExxonMobil and Chevron. The move was hailed by environmental activists as a sign that the global...
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A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, March 8, 2019. Asian markets tumbled Friday on fears that the U.S. and China may not be as close to a trade deal as President Donald Trump hopes. Selling was also fueled by worries about the global economy ahead of Chinese trade data.(AP Photo/Vincent Yu)
March 08, 2019 - 7:09 am
SINGAPORE (AP) — Shanghai led a retreat in world markets on Friday amid worries that the U.S. and China may not be as close to a trade deal as President Donald Trump has suggested. Selling picked up after China reported that its exports plunged more than 20 percent in February from a year earlier...
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