Oil and gas industry

In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks in the inauguration ceremony of a power plant in northwestern Iran, Thursday, Aug. 1, 2019. Rouhani said U.S. financial sanctions on Iran's foreign minister are "childish" and a barrier to diplomacy. (Iranian Presidency Office via AP)
August 04, 2019 - 11:52 am
TEHRAN, Iran (AP) — Iranian forces seized a ship in the Persian Gulf suspected of carrying smuggled fuel, state media reported Sunday, 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...
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FILE - In this June 26, 2019, file photo a Mobil gas pump displays the various types of fuel and their prices at this Flowood, Miss., station. Exxon Mobil Corp. reports financial results Friday, Aug. 2. (AP Photo/Rogelio V. Solis, File)
August 02, 2019 - 1:16 pm
NEW YORK (AP) — Exxon Mobil brought in $69 billion in revenue in the second quarter, down from last year's $73.5 billion. Some of the benefits of rising crude prices, up 22% this year, were offset by natural gas prices, which have fallen almost 24% over the same time frame. The nation's largest oil...
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FILE - In this June 19, 2019, file photo cargo containers are stacked on a ship at the Port of Los Angeles in Los Angeles. On Friday, Aug. 2, the Commerce Department reports on the U.S. trade gap for June.(AP Photo/Marcio Jose Sanchez, File)
August 02, 2019 - 11:24 am
WASHINGTON (AP) — The U.S. trade deficit shrunk slightly in June, as did the politically sensitive trade deficit with China, the principal target of President Donald Trump's tariffs. The gap between the goods and services the U.S. buys and what it sells abroad fell 0.3% to $55.2 billion in June...
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In this Thursday, Aug. 1, 2019 photo provided by Naomi Hayes, a fire burns after an explosion near Junction City, Ky. A regional gas pipeline ruptured early Thursday in Kentucky, causing a massive explosion that killed one person, hospitalized five others, destroyed railroad tracks and forced the evacuation of a nearby mobile home park, authorities said. (Naomi Hayes via AP)
August 01, 2019 - 6:30 pm
JUNCTION CITY, Ky. (AP) — A regional gas pipeline ruptured early Thursday in Kentucky, causing a massive explosion that killed one person, hospitalized five others, destroyed railroad tracks and forced the evacuation of a nearby mobile home park, authorities said. Some homes were consumed by the...
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FILE - In this July 22, 2019, file photo traders James Riley, left, and Mark Muller work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 1. (AP Photo/Richard Drew, File)
August 01, 2019 - 2:40 pm
Stocks dropped sharply Thursday and bond prices spiked after President Donald Trump announced the U.S. will slap a new 10% tariff on some $300 billion worth of goods from China beginning next month. The news erased a broad rally on Wall Street, sending the Dow Jones Industrial Average from a gain...
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August 01, 2019 - 5:36 am
LONDON (AP) — Anglo-Dutch energy giant Royal Dutch Shell says second-quarter earnings dropped 26% as lower oil and natural gas prices overshadowed an increase in production. Earnings based on the current cost of supplies and excluding one-time items — Shell's preferred measure — fell to $3.46...
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Flames and smoke rise after a fire started at an Exxon Mobil facility, Wednesday, July 31, 2019, in Baytown, Texas. (Yi-Chin Lee/Houston Chronicle via AP)
July 31, 2019 - 5:15 pm
HOUSTON (AP) — An explosion and fire at an Exxon Mobil oil refinery in Texas on Wednesday left 37 people with minor injuries, in the latest of a series of petrochemical industry blazes this year in the Houston area. The fire began after an explosion at approximately 11:07 a.m. at an Exxon Mobil...
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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 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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