Latest Oil and gas industry News
Malaysia palm oil producer vows to clear name after U.S. ban
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...
In Appalachia, people watch COVID-19, race issues from afar
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...
US says it will block palm oil from large Malaysian producer
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...
Getting warmer: Trump concedes human role in climate change
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...
Venezuela receives gasoline from Iran amid surge in protests
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 rebuffs Turkey's 'unilateral' gas search, backs Cyprus
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...
Sheikh Nawaf sworn in as Kuwait's new ruling emir
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...
Shell plans to cut up to 9,000 jobs as oil demand slumps
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...
UN: Libya rivals reach preliminary pact on prisoner exchange
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...
Israeli PM to UN: Hezbollah storing missiles in Beirut
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...
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