Latest Oil and gas industry News

Global shares skid on renewed US-China trade worries

Nov. 21, 2019 3:45 AM EST

BEIJING (AP) — World shares skidded Thursday, tracking moderate declines on Wall Street as anxiety mounted over the possibility the U.S. and China may not reach a trade deal before next year. China’s Commerce Ministry on batted away rumors that the talks were in trouble with a spokesman saying...

Asian shares skid on renewed US-China trade worries

Nov. 20, 2019 11:35 PM EST

BEIJING (AP) — Shares skidded Thursday in Asia after moderate declines on Wall Street as anxious mounted over the possibility the U.S. and China may not reach a trade deal before next year. Hong Kong led the region with its benchmark Hang Seng index falling 1.5% to 26,461.41. The Shanghai Composite index...

The Latest: Defense official testifies on aid to Ukraine

Nov. 20, 2019 8:27 PM EST

WASHINGTON (AP) — The Latest on President Donald Trump and the House impeachment inquiry (all times local): 8:25 p.m. Democrats controlling the panel conducting the impeachment inquiry have killed five Republican attempts to issue subpoenas for witnesses and documents, including the anonymous intelligence...

Clarification: California-Oil Well Moratorium story

Nov. 20, 2019 8:26 PM EST

SACRAMENTO, Calif. (AP) — In a story Nov. 19 about California Gov. Gavin Newsom issuing a moratorium on permits for wells using high-pressure steam to extract oil, The Associated Press reported that a Chevron well suffered a massive leak, while others that use that method have not had spills. The story...

Investigators question NC governor’s pipeline fund actions

Nov. 20, 2019 8:04 PM EST

RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper appears to have “improperly used the authority and influence of his office” to pressure natural gas pipeline builders to agree to a $57.8 million mitigation fund under his control, private investigators reported Wednesday. The...

How major US stock indexes fared Wednesday

Nov. 20, 2019 5:00 PM EST

Stocks closed lower on Wall Street Wednesday as investors worry that the U.S. and China may not reach a trade deal this year. Technology stocks took the heaviest losses. Communication services and industrial stocks also were big losers. Banks fell as bond yields declined. Energy stocks notched the biggest gain as...

Burisma means Biden? Diplomats say the link escaped them

Nov. 20, 2019 3:18 PM EST

WASHINGTON (AP) — Back in May, President Donald Trump’s personal lawyer, Rudy Giuliani, mentioned a connection between a Ukrainian gas company and Hunter Biden, the son of former Vice President Joe Biden, to The New York Times. Giuliani hammered his point relentlessly on cable news and he discussed...

Many in Venezuela’s 2nd city turn to prayer, not politics

Nov. 20, 2019 2:32 PM EST

MARACAIBO, Venezuela (AP) — Thanks to the generosity of neighbors, Hayde Chacin and husband Jose Calderón are surviving their elderly years on the outskirts of Venezuela’s second largest city of Maracaibo. The manager of a nursery down the street gives them a bit of rice when they have nothing...

Editorials from around Pennsylvania

Nov. 20, 2019 2:30 PM EST

Recent editorials of statewide and national interest from Pennsylvania's newspapers: Saving lives through organ donations should not mean murderers go free The Patriot-News/PennLive.com Nov. 19 Should keeping people alive take precedence over bringing criminals to justice? Is it more important to prevent lives...

Main Gulf port in southern Iraq shut for a third day

Nov. 20, 2019 1:42 PM EST

BAGHDAD (AP) — Anti-government protesters blocked access to Iraq’s main Gulf port in Umm Qasr for a third day Wednesday, as protesters said recent efforts by political parties to placate them were insufficient. At least 27 protesters were also wounded in the capital Baghdad in the early morning...