Latest Oil and gas industry News

Judge: Resumption of US coal sales by Trump needs review

Apr. 19, 2019 10:41 PM EDT

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 Interior...

AP: Failures caused toxic gas leak at Iowa police academy

Apr. 19, 2019 1:30 PM EDT

IOWA CITY, Iowa (AP) — A series of infrastructure failures in a crumbling state dormitory caused a toxic gas leak at an Iowa police academy that sickened dozens of recruits and could have killed some of them, a workplace safety investigation concluded. At least three recruits were poisoned by potentially...

State defends South Dakota pipeline protest legislation

Apr. 19, 2019 12:06 PM EDT

South Dakota's governor and attorney general are asking a federal judge to throw out a lawsuit challenging a new law that aims to prevent disruptive demonstrations against the Keystone XL pipeline if it's built. The law allows officials to pursue criminal or civil penalties from demonstrators who engage in "riot...

Asian stocks rise in quiet holiday trading

Apr. 18, 2019 11:55 PM EDT

TOKYO (AP) — Asian stock indexes rose moderately in quiet holiday trading on Good Friday as some markets were closed. Japan's benchmark Nikkei 225 edged up 0.5% in early trading to 22,191.98. South Korea's Kospi rose 0.3% to 2,221.1. The Shanghai Composite gained 0.6% to 3,269.59. Some markets remain...

Putin envoy in Caracas rejects US revival of Monroe Doctrine

Apr. 18, 2019 7:48 PM EDT

CARACAS, Venezuela (AP) — As Venezuela's reliance on Russia grows amid the country's unfolding crisis, Vladimir Putin's point man in Caracas is pushing back on the U.S. revival of a doctrine used for generations to justify military interventions in the region. In a rare interview, Russian Ambassador...

Americans' energy use surges despite climate change concern

Apr. 18, 2019 5:41 PM EDT

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 years, a...

North Dakota, Dakota Access developer settle land dispute

Apr. 18, 2019 3:38 PM EDT

BISMARCK, N.D. (AP) — North Dakota and the developer of the Dakota Access oil pipeline settled a lawsuit over the Texas company's ownership of ranchland in the Plains state where corporations aren't allowed in the farming industry. The deal awaiting a judge's approval involves a business structure that...

Shortages hit Cuba, raising fears of new economic crisis

Apr. 18, 2019 1:30 PM EDT

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-old...

Appeals court weighs Trump permit for Keystone XL pipeline

Apr. 18, 2019 12:27 PM EDT

BILLINGS, Mont. (AP) — U.S. Justice Department attorneys want an appeals court to let construction proceed on the Keystone XL oil pipeline from Canada. But opponents say President Donald Trump is trying to skirt the law by issuing a new permit for the project. The Trump administration has asked the 9th...

US retail sales soared 1.6% in March

Apr. 18, 2019 9:56 AM EDT

WASHINGTON (AP) — U.S. retail sales surged in March at the fastest pace since late 2017, as spending on autos, gasoline, furniture and clothing jumped. The Commerce Department said Thursday that sales increased a seasonally adjusted 1.6% from February, the strongest increase since September 2017. The gains...