Oil and gas industry

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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FILE - This Nov. 11, 2016 file photo shows more than 500 clergy from across the country gathered for a "Clergy for Standing Rock" march on N.D. Highway 1806 near Cannon Ball, N. D., from the Oceti Sakowin Camp to the Cantapeta Creek bridge to demonstrate their solidarity for the Dakota Access Pipeline protesters. South Dakota Gov. Kristi Noem says she's proposing legislation ahead of the Keystone XL oil pipeline's construction that would create a legal avenue to pursue out-of-state money that funds protests aimed at slowing construction. Noem's bills come after opponents of the Dakota Access oil pipeline staged large protests that resulted in 761 arrests in southern North Dakota over a six-month span beginning in late 2016. The state spent tens of millions of dollars policing the protests. (Mike McCleary/The Bismarck Tribune via AP, File)
March 07, 2019 - 6:34 pm
PIERRE, S.D. (AP) — South Dakota is poised to approve laws aimed at potential protests against the planned Keystone XL oil pipeline, seeking to prevent disruptive demonstrations like those against the Dakota Access pipeline that cost neighboring North Dakota nearly $40 million and led to hundreds...
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March 06, 2019 - 6:18 pm
REDMOND, Wash. (AP) — Microsoft has detected cyberattacks linked to Iranian hackers that targeted thousands of people at more than 200 companies over the past two years. That's according to a Wall Street Journal report Wednesday that the hacking campaign stole corporate secrets and wiped data from...
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In this Feb. 13, 2019 photo, Luis Gonzalez waits to fill up at a fas station in San Cristobal, Venezuela. Lines stretching over a mile to fuel up have plagued the western region of Venezuela for years, but shortages compounded by U.S. sanctions are likely to spread countrywide as supplies of petrol start drying up and a raging power struggle turning crisis into catastrophe. (AP Photo/Fernando Llano)
March 06, 2019 - 3:01 pm
MARACAIBO, Venezuela (AP) — Marin Mendez leaned a shoulder into his rusty Chevy Malibu, rolling it forward each time the line of cars inched closer to the pump. Waiting hours to fill up, he says, is the high cost he pays for gasoline that's nearly free in socialist Venezuela. "You line up to get...
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