Latest Oil and gas industry News

A Malaysian national flag is on display outside FGV Holdings Berhad, one of Malaysia's largest palm oil companies, in Kuala Lumpur, Thursday, Oct. 1, 2020. Malaysian palm oil producer FGV Holdings Berhad vowed Thursday to “clear its name” after the U.S. banned imports of its palm oil over allegations of forced labor and other abuses. (AP Photo/Vincent Thian)

Malaysia palm oil producer vows to clear name after U.S. ban

Oct. 1, 2020 1:19 AM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysian palm oil producer FGV Holdings Berhad vowed Thursday to “clear its name” after the U.S. banned imports of its palm oil over allegations of forced labor and other abuses. The U.S. Customs and Border Protection’s Office of Trade issued the ban...

People wait to ride a revolving swing at the Perry State Fair in New Lexington, Ohio, Friday, July 24, 2020. In the towns that speckle the Appalachian foothills of southeast Ohio, the pandemic has barely been felt. Coronavirus deaths and racial protests _ events that have defined 2020 nationwide _ are mostly just images on TV from a distant America. (AP Photo/Wong Maye-E)

In Appalachia, people watch COVID-19, race issues from afar

Oct. 1, 2020 1:16 AM EDT

BUCHTEL, Ohio (AP) — The water, so cold that it nearly hurts, spills relentlessly into a concrete trough from three pipes driven into a hillside near the edge of town. People have been coming to the trough for at least a century, since horses were watered here and coal miners stopped by to wash off the...

A little girl holds palm oil fruit collected from a plantation in Sumatra, Indonesia, Nov. 13, 2017. An Associated Press investigation has found many palm oil workers in Indonesia and neighboring Malaysia endure exploitation, including child labor. (AP Photo/Binsar Bakkara)

US says it will block palm oil from large Malaysian producer

Sep. 30, 2020 11:45 PM EDT

The United States will block shipments of palm oil from a major Malaysian producer that feeds into the supply chains of iconic U.S. food and cosmetic brands. It found indicators of forced labor, including concerns about child workers, along with other abuses such as physical and sexual violence. The order...

FILE - In this March 23, 2017, file photo President Donald Trump honks the horn of an 18-wheeler truck while meeting with truckers and CEOs regarding healthcare on the South Lawn of the White House in Washington. Trump publicly acknowledged that humans bear some blame for climate change, but scientists say the president still isn't dealing with the reality of our primary role. Trump said Tuesday, Sept. 29, 2020, that humans — their tailpipe exhaust, oil and gas production, and smokestack fumes — are just one of many culprits for the weather-disrupting deterioration of Earth’s atmosphere. (AP Photo/Andrew Harnik, File)

Getting warmer: Trump concedes human role in climate change

Sep. 30, 2020 6:26 PM EDT

President Donald Trump publicly acknowledged that humans bear some blame for climate change, but scientists say the president still isn't dealing with the reality of our primary role. Pressed repeatedly in Tuesday night's debate, Trump gave one of his fullest accountings yet of what scientists say is an...

Men sit on a curb alongside vehicles lined up to enter a gas station during a nation-side fuel crunch, in Caracas, Venezuela, Wednesday, Sept 30, 2020. (AP Photo/Ariana Cubillos)

Venezuela receives gasoline from Iran amid surge in protests

Sep. 30, 2020 4:58 PM EDT

CARACAS, Venezuela (AP) — The second of three ships loaded with gasoline from Iran approached fuel-starved Venezuela on Wednesday amid simmering social unrest over a lack of goods and services that's sparked protests across the South American nation. More than 100 street demonstrations have flared up in...

Spain's Foreign Minister Arancha Gonzalez Laya, left, talks during a news conference with her Cypriot countepart Nikos Christodoulides at the Cypriot Foreign Ministry building in the capital Nicosia, Cyprus, on Wednesday, Sept. 30, 2020. Laya said her visit aimed to convey her country's solidarity with Cyprus amid tensions over a Turkish gas search in waters were Cyprus claims exclusive economic rights. (AP Photo/Petros Karadjias)

Spain rebuffs Turkey's 'unilateral' gas search, backs Cyprus

Sep. 30, 2020 1:53 PM EDT

NICOSIA, Cyprus (AP) — Spain’s foreign minister on Wednesday said her country rejects Turkey’s unilateral search for energy reserves in the eastern Mediterranean, adding that such actions hinder a negotiated way out of a territorial dispute that has ratcheted up regional tensions. Spanish...

The new Emir of Kuwait Sheikh Nawaf Al Ahmad Al Sabah, center, performs the constitutional oath at the Kuwaiti National Assembly in Kuwait, Wednesday, Sept. 30, 2020. Kuwait's Sheikh Nawaf was sworn in Wednesday as the ruling emir of the tiny oil-rich country, propelled to power by the death of his half-brother after a long career in the security services. (AP Photo/Jaber Abdulkhaleg)

Sheikh Nawaf sworn in as Kuwait's new ruling emir

Sep. 30, 2020 1:04 PM EDT

DUBAI, United Arab Emirates (AP) — Kuwait’s Sheikh Nawaf Al Ahmad Al Sabah was sworn in before parliament Wednesday as the ruling emir of the tiny oil-rich country, propelled to power by the death of his half-brother after a long career in the security services. At age 83, Sheikh Nawaf is not...

FILE - This Wednesday, Jan. 20, 2016 file photo, shows the Shell logo at a petrol station in London. Royal Dutch Shell said Wednesday Sept. 30, 2020, it is planning to cut between 7,000 and 9,000 jobs worldwide by the end of 2022 following a collapse in demand for oil and a subsequent slide in oil prices during the coronavirus pandemic. (AP Photo/Kirsty Wigglesworth, File)

Shell plans to cut up to 9,000 jobs as oil demand slumps

Sep. 30, 2020 7:44 AM EDT

LONDON (AP) — Energy producer Royal Dutch Shell said Wednesday it's planning to cut between 7,000 and 9,000 jobs worldwide by the end of 2022 following a collapse in demand for oil and a subsequent slide in prices during the coronavirus pandemic. The company said around 1,500 employees have already agreed...

FILE - This Jan. 17, 2020 file photo shows Libyan Gen. Khalifa Hifter during a meeting in Athens. Libyan rivals on Monday, Sept. 28, 2020 restarted military and security talks, aiming to reach a settlement that could help end the county’s years-long conflict, the United Nations said. The face-to-face military talks came amid international pressure on both sides of the war and their foreign backers to avert an attack on the strategic city of Sirte, after a year-long assault on the capital, Tripoli, by forces of military commander Khalifa Hifter collapsed this summer. (AP Photo/Thanassis Stavrakis, File)

UN: Libya rivals reach preliminary pact on prisoner exchange

Sep. 29, 2020 7:01 PM EDT

CAIRO (AP) — The United Nations says talks between Libyan rivals in Egypt have concluded with preliminary agreements to exchange prisoners and open up air and land transit across the country's divided territory. The face-to-face military talks, which started Monday in the Red Sea resort of Hurghada, came...

In this image from UNTV video, Prime Minister Benjamin Netanyahu, of Israel, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly, Tuesday, Sept. 29, 2020, at U.N. headquarters. (UNTV via AP)

Israeli PM to UN: Hezbollah storing missiles in Beirut

Sep. 29, 2020 5:47 PM EDT

JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu on Tuesday accused the Lebanese militant group Hezbollah of maintaining a "secret arms depot" in a residential neighborhood of Beirut, warning it could cause another tragic explosion in the Lebanese capital. Hezbollah denied the allegations and...