Oil and gas industry

Secretary of State Mike Pompeo speaks during a news conference on Monday, April 22, 2019, at the Department of State in Washington. (AP Photo/Sait Serkan Gurbuz)
April 22, 2019 - 5:58 pm
NEW YORK (AP) — The Trump administration's decision to impose sanctions on countries that buy Iranian oil is raising concerns about global crude supply and sending oil prices to their highest levels since October. Industry experts said Monday that the sanctions could potentially remove up to 1.2...
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FILE - In this April 12, 2019, file photo trader Steven Kaplan works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, April 22. (AP Photo/Richard Drew, File)
April 22, 2019 - 4:55 pm
Wall Street capped a day of mostly sideways trading Monday with a slight gain for the benchmark S&P 500 index, as a spike in crude oil prices sent energy companies broadly higher. Energy sector stocks climbed as the price of crude oil hit its highest level since October after the U.S...
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April 22, 2019 - 12:39 pm
WARRI, Nigeria (AP) — An oil company in Nigeria is declaring a "force majeure" shutdown after a fire. The temporary closure is expected to cut Nigeria's oil production by about 8 percent per day. Aiteo Oil Exploration and Production Company said the shutdown took place Sunday. The Nembe Creek Trunk...
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Secretary of State Mike Pompeo speaks during a news conference on Monday, April 22, 2019, at the Department of State in Washington. The Trump administration on Monday told five nations — Japan, South Korea, Turkey, China and India — that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran. (AP Photo/Sait Serkan Gurbuz)
April 22, 2019 - 12:08 pm
WASHINGTON (AP) — The Latest on U.S. sanctions on countries importing Iranian oil (all times local): 12:05 p.m. Iran has brushed off the Trump administration's decision to stop exempting countries from U.S. sanctions on its oil exports. In a statement carried by the official IRNA news agency on...
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FILE - In this April 8, 2019, file photo, Secretary of State Mike Pompeo speaks at a news conference to announce the Trump administration's plan to designate Iran's Revolutionary Guard a "foreign terrorist organization," at the U.S. State Department in Washington. The Trump administration is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran. U.S. officials say Pompeo plans to announce on Monday, April 22, that the administration will not renew sanctions waivers for the five countries when they expire on May 2. (AP Photo/Patrick Semansky, File)
April 22, 2019 - 9:19 am
WASHINGTON (AP) — The Trump administration on Monday told five nations — Japan, South Korea, Turkey, China and India — that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran. President Donald Trump has decided not to reissue the waivers when they expire on...
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A man walks by an electronic stock board of a securities firm in Tokyo, Monday, April 22, 2019. Asian stock markets were mixed Monday following the Easter holiday weekend as investors looked ahead to U.S. and Japanese economic data. (AP Photo/Koji Sasahara)
April 22, 2019 - 1:52 am
BEIJING (AP) — Asian stock markets were mostly lower while oil prices surged for a second day Monday following reports Washington wants to block Iranian exports. Tokyo's benchmark edged up while Shanghai, Seoul and India retreated. Hong Kong and Sydney were closed for the holiday. On Wall Street,...
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FILE - In this April 8, 2019, file photo, Secretary of State Mike Pompeo speaks at a news conference to announce the Trump administration's plan to designate Iran's Revolutionary Guard a "foreign terrorist organization," at the U.S. State Department in Washington. The Trump administration is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran. U.S. officials say Pompeo plans to announce on Monday, April 22, that the administration will not renew sanctions waivers for the five countries when they expire on May 2. (AP Photo/Patrick Semansky, File)
April 21, 2019 - 8:32 pm
WASHINGTON (AP) — The Trump administration is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran, officials said Sunday. Secretary of State Mike Pompeo plans to announce on...
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FILE - In this April 4, 2013, file photo, a mechanized shovel loads a haul truck with coal at the Spring Creek coal mine near Decker, Mont. A federal judge in Montana says the Trump administration failed to consider the environmental effects of resuming coal sales from federal lands, but stopped short of halting future sales. U.S. District Judge Brian Morris on Friday, April 19, 2019, ordered government attorneys to enter negotiations with states and environmental groups that had sued to stop the lease sales. (AP Photo/Matthew Brown, File)
April 19, 2019 - 10:41 pm
BILLINGS, Mont. (AP) — A federal judge on Friday ruled that the Trump administration failed to consider potential damage to the environment from its decision to resume coal sales from U.S. lands, but the court stopped short of halting future sales. U.S. District Judge Brian Morris in Montana said...
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FILE- In this Wednesday Jan. 30, 2019, file photo smoke rises from the chimneys of homes in St. Paul, Minn. Americans burned a record amount of energy in 2018, with a 10% jump in consumption from booming natural gas helping to lead the way, the U.S. Energy Information Administration says. Overall consumption of all kinds of fuels rose 4% year on year, the largest such increase in eight years, a report this week from the agency said. Fossil fuels in all accounted for 80% of Americans’ energy use. (Brian Peterson/Star Tribune via AP, File)
April 18, 2019 - 3:13 pm
WASHINGTON (AP) — Americans burned a record amount of energy in 2018, with a 10% jump in consumption from booming natural gas helping to lead the way, the U.S. Energy Information Administration says. Overall consumption of all kinds of fuels rose 4% year on year, the largest such increase in eight...
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Pura Castell walks to a government-run butcher shop to buy chicken, after failing to find chicken the previous day in Bauta, Cuba, Friday, April 12, 2019. A neighbor informed her that chicken had arrived at the government store that distributes almost free monthly food rations. (AP Photo/Ramon Espinosa)
April 18, 2019 - 1:28 pm
BAUTA, Cuba (AP) — Just after 8 a.m., Pura Castell got in line behind about 100 other people waiting for a chance to buy frozen chicken legs. For two hours she leaned on her cane watching people leave the state-run market with their 5-pound limit. The chicken ran out at 10 a.m. while the 80-year-...
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