Latest Oil and gas industry News

Louisiana releases rehabbed oiled birds found after Ida

Sep. 19, 2021 10:19 AM EDT

BATON ROUGE, La. (AP) — Two birds captured after they were found oiled at a Louisiana refinery following Hurricane Ida have been rehabilitated and released back into the wild, state wildlife officials said. The birds were released Thursday at the Bayou Teche National...

North Dakota oil production slips to No. 3 behind New Mexico

Sep. 18, 2021 12:39 PM EDT

North Dakota regulators say the state has officially lost its status as the nation’s second-biggest oil producer to New Mexico. North Dakota produced just over 1 million barrels of oil per day in July, the most recent month for which data is available from the state Oil...

Gas prices tick up in NJ, increase around nation at large

Sep. 18, 2021 11:09 AM EDT

TRENTON, N.J. (AP) — Gas prices ticked up again in New Jersey and also increased around the nation as a whole as Gulf Coast refineries remain shuttered following recent storms. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday...

Blackfeet continue work to defend Badger-Two Medicine

Sep. 18, 2021 08:13 AM EDT

Heart Butte, Mont. (AP) — The fight to protect the Badger-Two Medicine defends not so much a place as a way of living. On a map, this jumble of mountains, rivers, hunting grounds and petroleum deposits is surrounded by the Blackfeet Indian Reservation, Glacier National...

Attack on gas pipeline in Syria causes brief power outage

Sep. 18, 2021 07:27 AM EDT

DAMASCUS, Syria (AP) — An attack with explosive devices laid along a natural gas pipeline southeast of Syria's capital knocked out power in parts of the country before it was quickly restored, the electricity minister said Saturday. No one immediately claimed...

Biden, world leaders push climate action, vow methane cuts

Sep. 17, 2021 18:36 PM EDT

WASHINGTON (AP) — President Joe Biden tried on Friday to hammer out the world's next steps against rapidly worsening climate change with a small group of other global leaders and announced a new U.S.-European pledge to cut climate-wrecking methane leaks. Ever-grimmer...

Stocks fall on Wall Street, giving up the week's gains

Sep. 17, 2021 16:58 PM EDT

Wall Street capped an up-and-down week of trading Friday with a broad sell-off that wiped out the major indexes' gains for the week. The S&P 500 lost 0.9% and posted its second straight weekly loss. Roughly 80% of the stocks in the benchmark index fell. Technology and...

Protagonist, Schlumberger fall; Invesco, Thermo Fisher rise

Sep. 17, 2021 16:26 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Invesco Ltd., up $1.36 to $26.25. The investment management company is reportedly in talks on a potential deal with State Street's asset-management business. ...

Enbridge ordered to pay $3M for Line 3 groundwater leak

Sep. 17, 2021 15:10 PM EDT

ST. PAUL, Minn. (AP) — Minnesota regulators have ordered Enbridge to pay more than $3 million for allegedly violating state environmental law by piercing a groundwater aquifer during construction of the Line 3 oil pipeline replacement. The state Department of Natural...

Lebanon's incoming government restarts central bank audit

Sep. 17, 2021 11:33 AM EDT

BEIRUT (AP) — Lebanon’s incoming finance minister signed a contract on Friday with a New York-based company to conduct a forensic audit of the country’s central bank, a key demand of the international community to restore confidence in the crisis-struck Mideast nation. ...