Oil and gas industry

A view of the Grace 1 supertanker in the British territory of Gibraltar, Friday, Aug. 16, 2019 as a sail boat passes by. The lawyer representing the captain of the Iranian supertanker caught in a diplomatic standoff said Friday that the captain no longer wants to be in command of the ship, which is in need of repairs that could prevent its immediate departure from Gibraltar.(AP Photo/Marcos Moreno)
August 16, 2019 - 6:40 pm
MADRID (AP) — The latest on Iranian supertanker at center of Persian Gulf tensions (all times local): 12:35 a.m. The U.S. government says it has a warrant to seize an oil tanker at the center of a diplomatic standoff because of violations of U.S. sanctions, money laundering and terrorism statutes...
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August 16, 2019 - 2:21 pm
LOS ANGELES (AP) — A city-wide promotion in Los Angeles for a popular Amazon television series caused chaos when drivers lined up for hours to cash in on 1950s gas prices. Amazon partnered with nearly 30 businesses to roll back prices Thursday in honor of the show "The Marvelous Mrs. Maisel," set...
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A man stands as a car goes by an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Aug. 16, 2019. Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about U.S.-China trade conflict. (AP Photo/Eugene Hoshiko)
August 16, 2019 - 7:40 am
LONDON (AP) — Global stock markets looked set to end a turbulent week on a positive note although worries about the U.S. economy and the trade conflict between the U.S. and China still have the potential to derail Friday's recovery. Investors in stocks were spooked earlier this week by developments...
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This undated image made from a video provided by the IRGC/IRIB shows a ship in the Persian Gulf. Iranian forces seized the ship, which it suspected of carrying smuggled fuel, state media reported Sunday, Aug. 4, 2019, marking the Revolutionary Guard's third seizure of a vessel in recent weeks and the latest show of strength by the paramilitary force amid a spike in regional tensions. (IRGC/IRIB via AP)
August 15, 2019 - 10:04 pm
MADRID (AP) — The Latest on Iranian supertanker at center of Persian Gulf tensions (all times local): 6:30 p.m. Britain's Foreign Office has warned Iran to abide by the assurances it provided to the government of Gibraltar that led to the release of a detained Iranian supertanker. In a statement...
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FILE - In this June 24, 2019, file photo Ford's employees work on a Lincoln Aviator line at Ford's Chicago Assembly Plant in Chicago's Hegewisch neighborhood. On Thursday, Aug. 15, the Federal Reserve reports on U.S. industrial production for July. (AP Photo/Amr Alfiky, File)
August 15, 2019 - 10:29 am
WASHINGTON (AP) — U.S. industrial production fell 0.2% in July, as factory activity slumped in a worrisome sign for the economy. The Federal Reserve said Thursday that the overall decline was caused primarily by a 0.4% drop last month in manufacturing production. Output decreased for autos,...
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FILE - In this file photo dated Thursday, July 4, 2019, Grace 1 super tanker is anchored near a Royal Marine patrol vessel off the coast of the British territory of Gibraltar. A newspaper in Gibraltar is reporting Thursday Aug. 15, 2019, that the United States has applied to seize the Iranian supertanker Grace 1, that authorities in the British overseas territory are seeking to release from detention. (AP Photo/Marcos Moreno, FILE)
August 15, 2019 - 8:18 am
MADRID (AP) — The United States moved on Thursday to halt the release of an Iranian supertanker detained in Gibraltar for breaching EU sanctions on oil shipments to Syria, thwarting efforts by authorities in London and the British overseas territory to defuse tensions with Tehran. The Gibraltar...
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August 13, 2019 - 10:48 pm
BILLINGS, Mont. (AP) — A judge barred the Trump administration on Tuesday from acting on the recommendations of an energy advisory panel that was created to make it easier to extract fossil fuels from public lands and waters. U.S. District Judge Donald Molloy sided with a Montana-based conservation...
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President Donald Trump speaks at the Pennsylvania Shell ethylene cracker plant on Tuesday, Aug. 13, 2019 in Monaca, Pa. (AP Photo/Keith Srakocic)
August 13, 2019 - 5:37 pm
MONACA, Pa. (AP) — President Donald Trump sought to take credit Tuesday for the construction of a major manufacturing facility in western Pennsylvania as he tries to reinvigorate supporters in the Rust Belt towns that sent him to the White House in 2016. Trump visited Shell's soon-to-be completed...
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A soldier drives a jet fuel tanker truck at a fuel depot in Aveiras, outside Lisbon, Tuesday, Aug. 13, 2019. Soldiers are driving tanker trucks to distribute gas in Portugal as an open-ended truckers' strike over pay enters its second day. The government has issued an order allowing the army to be used. (AP Photo/Armando Franca)
August 13, 2019 - 11:38 am
LISBON, Portugal (AP) — Soldiers are driving tanker trucks to distribute gas in Portugal as an open-ended truckers' strike over pay enters its second day. Police officers are also making deliveries as close to 500 of the country's about 3,000 gas stations were reported dry Tuesday. The government...
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FILE- In this June 14, 2019, file photo a pair of shoppers, center, in the Levi's store in New York's Times Square, survey a T-shirt display. On Tuesday, Aug. 13, the Labor Department reports on U.S. consumer prices for July. (AP Photo/Richard Drew, File)
August 13, 2019 - 8:52 am
WASHINGTON (AP) — U.S. consumer prices rose 0.3% in July, pushed higher by more expensive gas, medical care and housing. The consumer price index increased 1.8% compared with a year earlier, up from 1.6% in June, the Labor Department said Tuesday. Excluding the volatile food and energy categories,...
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