Latest Oil and gas refining News

House Minority Leader Kevin McCarthy of Calif., President Donald Trump, and Chevron CEO Mike Wirth listen during a meeting with energy sector business leaders in the Cabinet Room of the White House, Friday, April 3, 2020, in Washington. (AP Photo/Evan Vucci)

White House convenes oil CEOs as bust threatens US boom

Apr. 3, 2020 7:08 PM EDT

WASHINGTON (AP) — President Donald Trump offered assurances of better times and coronavirus tests to oil CEOs at a White House summit Friday, but no firm proposals for easing the industry's way as the coronavirus pandemic and plunging petroleum prices threaten America's yearslong fracking boom. Executives...

FILE - This Dec. 12, 2018, file photo shows traffic on the Hollywood Freeway in Los Angeles. President Donald Trump's is expected to mark a win in his two-year fight to gut one of the United States' single-biggest efforts against climate change, relaxing ambitious Obama-era vehicle mileage standards and raising the ceiling on damaging fossil fuel emissions for years to come. (AP Photo/Damian Dovarganes, File)

New Trump mileage standards to gut Obama climate effort

Mar. 30, 2020 4:45 PM EDT

WASHINGTON (AP) — President Donald Trump is poised to roll back ambitious Obama-era vehicle mileage standards and raise the ceiling on damaging fossil fuel emissions for years to come, gutting one of the United States' biggest efforts against climate change. The Trump administration is expected to release...

FILE - This photo provided by the New York Stock Exchange shows the unoccupied NYSE trading floor, closed temporarily for the first time in 228 years as a result of coronavirus concerns, Tuesday March 24, 2020. Global stocks and U.S. futures declined Thursday after the U.S. Senate approved a proposed $2.2 trillion virus aid package following a delay over its details and sent the measure to the House of Representatives. (Kearney Ferguson/NYSE via AP, File)

The Latest: Caterpillar, Deere profits to feel virus impact

Mar. 26, 2020 1:34 PM EDT

NEW YORK (AP) — The Latest on the action in the financial markets (all times local): 1:15 p.m. Agricultural and heavy equipment makers are in for a rough year as the virus pandemic delivers a sting to an industry trying to recover form a trade war. Jefferies analyst Stephen Volkmann slashed his earnings...

Virus outbreak halts damaged Wisconsin refinery rebuilding

Mar. 24, 2020 7:54 PM EDT

SUPERIOR, Wis. (AP) — Husky Energy has suspended rebuilding its oil refinery in Superior, Wisconsin, that was damaged by an explosion two years ago because of the coronavirus outbreak, the company announced Tuesday. “Given the current safety and public health risks, Husky has begun a systematic and...

A man wearing a mask talks to a solider checking vehicles entering  Caracas, Venezuela, Monday, March 16, 2020. President Nicolás Maduro ordered Sunday residents in the capital of Caracas and six states to stay home under a quarantine in a bid to control the spread of the coronavirus According to the World Health Organization, most people recover in about two to six weeks from the virus, depending on the severity of the illness. (AP Photo/Ariana Cubillos)

Economic fallout from virus felt in gas lines in Venezuela

Mar. 16, 2020 9:21 PM EDT

SAN CRISTOBAL, Venezuela (AP) — Nicolás Maduro’s government on Monday banned gasoline sales in two states as part of a broader lock-down to stem panic buying by Venezuelans accustomed to hoarding basic goods whenever there’s a hint of turmoil. But his orders, which explicitly prohibit...

Pipeline owner agrees to pay $60M over 2015 California spill

Mar. 13, 2020 10:28 PM EDT

SANTA BARBARA, Calif. (AP) — The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 will pay $60 million to to settle allegations that it violated safety laws, the U.S. Environmental Protection Agency announced Friday. Texas-based Plains All...

A fire burns after an explosion at the Marathon Refinery in Carson on Tuesday, Feb. 25, 2020. (Scott Varley/The Orange County Register via AP)

Cause of Los Angeles-area refinery fire under investigation

Feb. 26, 2020 6:03 PM EST

CARSON, Calif. (AP) — The cause of an explosion and fire at the largest oil refinery on the West Coast was under investigation Wednesday as air quality authorities conducted laboratory testing to determine whether toxic gases were released. No one was injured and there were no immediate indications that...

Farm workers and activists march along Reforma Avenue in Mexico City, Friday, Feb. 21, 2020. Demonstrators are protesting Mexican President Andre Manuel Lopez Obrador's infrastructure projects, including a thermoelectric plant in Morelos state and the

Mexicans march to protest major infrastructure projects

Feb. 21, 2020 8:51 PM EST

MEXICO CITY (AP) — More than 1,000 people marched through the center of Mexico City on Friday in opposition to the government's largest infrastructure projects. The protest brought together unions, environmentalists, students and representatives of Mexico's indigenous peoples, a mix that would seem a...

Fracking debate causes tremors in battleground Pennsylvania

Feb. 20, 2020 4:38 PM EST

HARRISBURG, Pa. (AP) — The notion of banning fracking is dividing the Democrats running for president and increasingly dividing Democrats in the presidential battleground state of Pennsylvania, where fracking has vaulted it to the No. 2 natural gas producer behind Texas. The divide was clear, again, on...

Oil workers march during a protest against layoffs at state oil company Petrobras in Rio de Janeiro, Brazil, Tuesday, Feb. 18, 2020. Brazilian oil workers and oil giant Petrobras were locked in a power struggle Tuesday over the company's privatization plans, with the union saying thousands of employees are on an indefinite strike. (AP Photo/Silvia Izquierdo)

Brazil oil workers clash with Petrobras in 18-day strike

Feb. 18, 2020 6:34 PM EST

RIO DE JANEIRO (AP) — Brazilian oil workers and oil giant Petrobras are locked in a power struggle over plans to shift focus away from non-core assets, with a federation of unions saying on Tuesday that thousands of employees are on strike indefinitely. Roughly one thousand people gathered outside the...