Oil and gas industry

FILE - In this June 26, 2010 file photo, Plaquemines Parish Coastal Zone Director P.J. Hahn rescues a heavily oiled bird from the waters of Barataria Bay, La., which are laden with oil from the Deepwater Horizon oil spill. Ten years after the nation's biggest offshore oil spill fouled its waters, the Gulf of Mexico sparkles in the sunlight and its fish are safe to eat. But scientists who have spent $500 million dollars from BP researching the impact of the Deepwater Horizon disaster have found much to be concerned about. (AP Photo/Gerald Herbert, File)
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April 20, 2020 - 1:20 am
NEW ORLEANS (AP) — Ten years after a well blew wild under a BP platform in the Gulf of Mexico, killing 11 men and touching off the nation’s worst offshore oil spill, gulf waters sparkle in the sunlight, its fish are safe to eat, and thick, black oil no longer visibly stains the beaches and...
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April 19, 2020 - 3:17 am
UNITED NATIONS (AP) — U.N. experts have recommended blacklisting 14 vessels for violating sanctions against North Korea in a report that accuses the country of increasing illegal coal exports, imports of petroleum products and continuing with cyber attacks on financial institutions and...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, April 17, 2020. Shares have advanced in Asia after China's economic growth data, while bleak, was better than expected. (AP Photo/Ahn Young-joon)
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April 16, 2020 - 11:35 pm
BANGKOK (AP) — Shares surged Friday in Asia after China reported economic data that, while bleak, was better than expected. The strong open followed an overnight rally on Wall Street powered by buying of Amazon, health care stocks and other market niches that are thriving in the coronavirus crunch...
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This March 11, 2020 photo provided by the Bureau of Land Management shows a storage yard north of Saco, Mont., for pipe that will be used in construction of the Keystone XL oil pipeline near the U.S.-Canada border. A Canadian company said Monday, April 6, 2020, that it's started construction on the long-stalled Keystone XL oil sands pipeline across the U.S.-Canada border, despite calls from tribal leaders and environmentalists to delay the $8 billion project amid the coronavirus pandemic. (Al Nash/Bureau of Land Management via AP)
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April 16, 2020 - 7:39 pm
BILLINGS, Mont. (AP) — Native American tribes and environmental groups pressured a federal judge on Thursday to shut down work on the disputed Keystone XL pipeline from Canada to Nebraska, citing fears that workers could spread the coronavirus and construction could damage land. After years of...
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A currency trader walks by a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, April 16, 2020. Asian stocks were mostly lower Thursday after unexpectedly weak U.S. retail and other data added to gloom about the impact of the coronavirus pandemic. (AP Photo/Lee Jin-man)
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April 15, 2020 - 11:44 pm
BEIJING (AP) — Asian stocks were mostly lower Thursday after unexpectedly weak U.S. retail and other data added to gloom about the impact of the coronavirus pandemic. Benchmarks in Tokyo, Hong Kong and Shanghai declined. On Wall Street, the benchmark S&P 500 index sank 2.2% after the U.S...
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This March 11, 2020 photo provided by the Bureau of Land Management shows the proposed route of the Keystone XL oil pipeline where it crosses into the U.S. from Canada in Phillips County, Mont. A Canadian company said Monday, April 6, 2020, that it's started construction on the long-stalled Keystone XL oil sands pipeline across the U.S.-Canada border, despite calls from tribal leaders and environmentalists to delay the $8 billion project amid the coronavirus pandemic. (Al Nash/Bureau of Land Management via AP)
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April 15, 2020 - 7:19 pm
BILLINGS, Mont. (AP) — A U.S. judge canceled a key permit Wednesday for the Keystone XL oil pipeline that’s expected to stretch from Canada to Nebraska, another setback for the disputed project that got underway less than two weeks ago following years of delays. Judge Brian Morris said the U.S...
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Cars are parked in an auto dealer lot Wednesday, April 15, 2020, in Green Park, Mo. U.S. retail sales recorded a record drop in March, with auto sales down 25.6%, as the coronavirus outbreak closed down thousands of stores and shoppers stayed home. (AP Photo/Jeff Roberson)
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April 15, 2020 - 5:32 pm
WASHINGTON (AP) — Evidence of the coronavirus' devastating impact on the U.S. economy has been steadily emerging, and the signs have grown ominous. Sales at stores and restaurants plunged in March by the largest amount on records dating back to 1992. The nation's industrial output fell by the...
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FILE - In this June 8, 2017 file photo, fresh nuts, bolts and fittings are ready to be added to the east leg of the pipeline near St. Ignace as Enbridge prepares to test the east and west sides of the Line 5 pipeline under the Straits of Mackinac in Mackinaw City, Mich. Enbridge Inc. applied Wednesday, April, 2020, for state and federal authorization to construct an oil pipeline tunnel beneath the Michigan waterway that connects two of the Great Lakes. (Dale G Young/Detroit News via AP)/Detroit News via AP)
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April 15, 2020 - 5:35 am
LONDON (AP) — Global demand for oil will fall this year by the most ever due to the economic lockdowns enforced around the world to contain the coronavirus pandemic, the International Energy Agency said Wednesday. An estimated drop in demand of 9.3 million barrels a day this year is equivalent to a...
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April 14, 2020 - 3:07 pm
DUBAI, United Arab Emirates (AP) — Armed men boarded a Hong Kong-flagged tanker ship Tuesday off the coast of Iran near the crucial Strait of Hormuz, holding the ship for a short time before releasing it amid heightened tensions between Tehran and the U.S., authorities said. No one immediately...
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FILE - In this Wednesday, April 8, 2020, file photo, the sun sets behind an idle pump jack near Karnes City, Texas. Demand for oil continues to fall due to the new coronavirus outbreak. As demand for fuel plummeted worldwide and the oil industry faced a devastating drop in oil prices, the U.S. took the rare move of stepping into negotiations involving the member countries of OPEC and non-members such as Russia and Mexico. (AP Photo/Eric Gay, File)
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April 14, 2020 - 11:04 am
NEW YORK (AP) — As demand for fuel plummeted worldwide and the oil industry faced a devastating drop in oil prices, the U.S. took the rare move of stepping into negotiations involving the member countries of OPEC and non-members such as Russia and Mexico, an alliance called OPEC+. President Donald...
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