Oil and gas industry

In this Sunday, July 21, 2019 photo, a speedboat of Iran's Revolutionary Guard trains a weapon toward the British-flagged oil tanker Stena Impero, which was seized in the Strait of Hormuz on Friday by the Guard, in the Iranian port of Bandar Abbas. Global stock markets were subdued Monday while the price of oil climbed as tensions in the Persian Gulf escalated after Iran's seizure of a British oil tanker on Friday. (Morteza Akhoondi/Tasnim News Agency via AP)
July 31, 2019 - 1:20 pm
TEHRAN, Iran (AP) — For the first time in six years, officials from Iran and the United Arab Emirates met in Tehran to discuss maritime security amid an increase in tensions in the Persian Gulf, both countries confirmed Wednesday. This week's meeting was significant because the UAE, a close ally of...
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FILE - In this Oct. 8, 2018 file photo, emigrant Peak is seen rising above the Paradise Valley and the Yellowstone River near Emigrant, Mont. The Trump administration has put a conservative advocate who argues for selling off the nation’s public lands in charge of the nation’s 250 million public acres. Interior Secretary David Bernhardt on Monday signed an order making William Perry Pendley acting head of the Bureau of Land Management, putting the lawyer and Wyoming native in charge of public lands and their resources. (AP Photo/Matthew Brown)
July 30, 2019 - 1:20 pm
WASHINGTON (AP) — A conservative lawyer and writer who argues for selling off the nation's public lands is now in charge of a nearly quarter-billion acres in federally held rangeland and other wilderness. Interior Secretary David Bernhardt on Monday signed an order making Wyoming native William...
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July 30, 2019 - 11:16 am
NICOSIA, Cyprus (AP) — The Cypriot government has licensed a consortium made up of France's Total and Italy's Eni to search for hydrocarbons in one more area in waters where the east Mediterranean island nation has exclusive economic rights. Cyprus Energy Minister Georgios Lakkotrypis said Tuesday...
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July 30, 2019 - 5:47 am
LONDON (AP) — BP says second-quarter earnings were flat as increased production offset lower oil prices. Its underlying replacement cost profit — the industry's preferred measure — remained at $2.81 billion. Production rose 4% from a year earlier to the equivalent of 3.8 million barrels of oil a...
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In this Sunday, July 21, 2019 photo, a speedboat of Iran's Revolutionary Guard trains a weapon toward the British-flagged oil tanker Stena Impero, which was seized in the Strait of Hormuz on Friday by the Guard, in the Iranian port of Bandar Abbas. Global stock markets were subdued Monday while the price of oil climbed as tensions in the Persian Gulf escalated after Iran's seizure of a British oil tanker on Friday. (Morteza Akhoondi/Tasnim News Agency via AP)
July 29, 2019 - 9:00 am
TEHRAN, Iran (AP) — In new video released Monday, an Iranian Revolutionary Guard officer is heard telling a British warship not to interfere or put their "life in danger" as the paramilitary force, using speedboats and a helicopter, seized a U.K.-flagged commercial vessel in the Strait of Hormuz...
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The European Union's political director Helga Schmid and Iran's deputy Foreign Minister Abbas Araghchi, from left, wait for a bilateral meeting as part of the closed-door nuclear talks with Iran at a hotel in Vienna, Austria, Sunday, July 28, 2019.
July 28, 2019 - 8:01 pm
VIENNA (AP) — The Latest on tensions in the Persian Gulf and over the 2015 Iran nuclear accord (all times local): 7:30 p.m. Iranian President Hassan Rouhani has penned an open letter to Britain's new prime minister, saying he hopes the countries' diplomatic ties will be stronger under Boris Johnson...
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In this Sunday, July 21, 2019 photo, a speedboat of the Iran's Revolutionary Guard moves around a British-flagged oil tanker Stena Impero which was seized in the Strait of Hormuz on Friday by the Guard, in the Iranian port of Bandar Abbas. Global stock markets were subdued Monday while the price of oil climbed as tensions in the Persian Gulf escalated after Iran's seizure of a British oil tanker on Friday. (Morteza Akhoondi/Mehr News Agency via AP)
July 27, 2019 - 1:37 pm
TEHRAN, Iran (AP) — A top Omani diplomat was in Iran on Saturday for bilateral talks after weeks of volatility over the Strait of Hormuz, the passageway for a fifth of all globally traded crude. Oman, seen as a neutral Gulf Arab country that has acted as a facilitator of talks between the U.S. and...
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July 26, 2019 - 1:44 pm
LONDON (AP) — The European Investment Bank is suggesting ending loans to fossil fuel projects by the end of next year, as part of the European Union's efforts to combat climate change. In a draft policy document published Friday, the Luxembourg-based bank proposes to "phase out support to energy...
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July 26, 2019 - 10:11 am
BERLIN (AP) — The company building a new gas pipeline from Russia to Germany is asking a European Union court to annul changes made this year to an EU gas directive on the grounds that they discriminate against the project. The changes introduced in April extended the rules governing the EU's...
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In this Sunday, July 21, 2019 photo, a speedboat of the Iran's Revolutionary Guard moves around a British-flagged oil tanker Stena Impero which was seized in the Strait of Hormuz on Friday by the Guard, in the Iranian port of Bandar Abbas. Global stock markets were subdued Monday while the price of oil climbed as tensions in the Persian Gulf escalated after Iran's seizure of a British oil tanker on Friday. (Morteza Akhoondi/Mehr News Agency via AP)
July 25, 2019 - 12:10 pm
LONDON (AP) — The U.K. government is offering British-flagged ships traveling through the Strait of Hormuz a Royal Navy escort after Iran seized a British oil tanker in the busy waterway last week. The Department for Transport said on Thursday that if ships give advance notice of their plans they...
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