Latest Oil and gas industry News

Asian shares retreat on poor Japan trade data, China news

Nov. 19, 2019 10:34 PM EST

BEIJING (AP) — Shares retreated in Asia on Wednesday after Japan reported its worst monthly decline in exports in three years, putting pressure on the economy as growth slows following a sales tax hike. Adding to regional jitters, the U.S. Senate passed a resolution overnight to support human rights in...

The Latest: House panel wraps up 5-hour hearing

Nov. 19, 2019 10:02 PM EST

WASHINGTON (AP) — The Latest on the public impeachment hearings into President Donald Trump’s dealings with Ukraine (all times local): 8:30 p.m. The House Intelligence Committee has concluded a five-hour hearing with two former Trump administration officials. Kurt Volker, the former U.S. special...

At least 3 killed in violence near Bolivian fuel plant

Nov. 19, 2019 8:05 PM EST

El ALTO, Bolivia (AP) — Police and soldiers on Tuesday escorted gasoline tankers from a major Bolivian fuel plant that had been blockaded for five days by supporters of former President Evo Morales, and at least three people were reported killed while the operation was underway. The public...

California puts brakes on fracking permits in oil crackdown

Nov. 19, 2019 6:25 PM EST

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom cracked down on oil producers Tuesday, halting approval of hundreds of fracking permits until independent scientists can review them and temporarily banning new wells using another drilling method that regulators believe is linked to one of the largest...

Ukrainian gas executive cooperating in US probe of Giuliani

Nov. 19, 2019 5:39 PM EST

WASHINGTON (AP) — Federal prosecutors are planning to interview an executive with Ukraine’s state-owned gas company as part of an ongoing probe into the business dealings of Rudy Giuliani and two of his Soviet-born business associates. A lawyer for Andrew Favorov confirmed Tuesday that he is...

Home Depot, Kohl’s slip while Medicines, ServiceNow advance

Nov. 19, 2019 4:58 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Home Depot Inc., down $12.99 to $225.86 The home improvement company cut its revenue forecast for the year after missing a key sales measure during the third quarter. Kohl’s Corp., down $11.38 to $47.02 The department...

Congress wants review of Keystone pipeline in wake of spill

Nov. 19, 2019 4:10 PM EST

BISMARCK, N.D. (AP) — Top U.S. House Democrats have called for a federal review of the Keystone pipeline and the agency that regulates it in the wake of 383,000-gallon (1.4-million-liter) spill in northeastern North Dakota, the latest of three spills along the line in as many years. In a letter Monday to...

Iraqi protesters block commercial ports, split capital

Nov. 19, 2019 12:32 PM EST

BAGHDAD (AP) — Anti-government protesters blocked access to a second major commercial port in southern Iraq on Tuesday, as bridge closures effectively split the capital in half, causing citizens to rely on boats for transport to reach the other side of the city. Since anti-government protests began Oct. 1,...

Patrick defends corporations and capitalism in primary bid

Nov. 19, 2019 9:57 AM EST

DES MOINES, Iowa (AP) — Democratic presidential candidate Deval Patrick is centering his fledgling campaign on a defense of corporations and capitalism that puts him directly at odds with some of the party’s most progressive figures. “There is a role in the economy for private equity. You bet...

Asian shares mixed amid caution on US-China trade talks

Nov. 18, 2019 10:30 PM EST

TOKYO (AP) — Asian shares are mixed as investors remain cautious over prospects for an agreement in trade talks between the United States and China. Japan’s benchmark Nikkei 225 edged 0.1% lower to 23,384.14. Australia’s S&P/ASX 200 added 0.4% to 6,745.60. South Korea’s Kospi...