Latest Oil and gas industry News

President Donald Trump speaks during a campaign rally at Erie International Airport Tom Ridge Field in Erie, Pa, Tuesday, Oct. 20, 2020. (AP Photo/Gene J. Puskar)

Trump tends to his electoral map, Biden prepping for debate

Oct. 21, 2020 12:10 AM EDT

WASHINGTON (AP) — President Donald Trump is hopping from one must-win stop on the electoral map to the next in the leadup to a final presidential debate that may be his last, best chance to alter the trajectory of the 2020 campaign. Democrat Joe Biden has been taking the opposite approach, holing up for...

A man looks at an electronic stock board of a securities firm in Tokyo, Wednesday, Oct. 21, 2020. Asian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports from U.S. companies.(AP Photo/Koji Sasahara)

Asian shares rise after Wall Street gains on solid earnings

Oct. 20, 2020 11:19 PM EDT

TOKYO (AP) — Asian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports from U.S. companies. Japan's benchmark Nikkei 225 gained 0.5% in morning trading to 23,676.90. South Korea's Kospi added 0.4% to 2,366.40, while Australia's...

President Donald Trump speaks during a campaign rally at Erie International Airport Tom Ridge Field in Erie, Pa, Tuesday, Oct. 20, 2020. (AP Photo/Gene J. Puskar)

In debate countdown, Trump holds rally, Biden does prep

Oct. 20, 2020 9:12 PM EDT

ERIE, Pa. (AP) — President Donald Trump pushed into arguably the most important state on the electoral map on Tuesday, opting for a rally in Pennsylvania instead of formal debate practice two days ahead of the final presidential debate that may be his last, best chance to alter the trajectory of the 2020...

FILE - In this Oct. 5, 2016, file photo, heavy equipment is seen at a site where sections of the Dakota Access pipeline were being buried near the town of St. Anthony in Morton County, N.D. Native American tribes opposed to the Dakota Access Pipeline once again have asked a federal judge to stop the flow of oil while the legal battle over the line's future plays out. (Tom Stromme/The Bismarck Tribune via AP, File)

Tribes make new move to shut down Dakota Access Pipeline

Oct. 20, 2020 9:38 AM EDT

BISMARCK, N.D. (AP) — Native American tribes opposed to the Dakota Access Pipeline once again have asked a federal judge to stop the flow of oil while the legal battle over the line’s future plays out. The Standing Rock Sioux and other tribes succeeded on their first attempt, only to have an appeals...

Emirati officials pay first Israel visit after forging ties

Oct. 20, 2020 8:56 AM EDT

JERUSALEM (AP) — A delegation of senior Emirati officials visited Israel on Tuesday for the first time since the two countries agreed to normalize relations, where they signed a slew of bilateral agreements meant to solidify their new ties. U.S. Treasury Secretary Steven Mnuchin accompanied Emirati Finance...

People stand near a bank's electronic board showing the Hong Kong share index Tuesday, Oct. 20, 2020. Asian shares fell moderately Tuesday, echoing Wall Street's decline as hopes faded Washington will come through with badly needed aid for the economy before the U.S. presidential election.   (AP Photo/Vincent Yu)

Asian shares track Wall Street fall as virus aid hopes fade

Oct. 19, 2020 11:55 PM EDT

TOKYO (AP) — Asian shares fell moderately Tuesday, tracking Wall Street's overnight decline as hopes faded Washington will come through with badly needed aid for the U.S. economy before the U.S. presidential election. Investors have been focusing on U.S. economic stimulus amid global uncertainty about the...

FILE - This Feb. 9, 2016, file photo shows an ice-covered ConocoPhillips sign at a drilling site in Nuiqsut, Alaska. ConocoPhillips is buying shale producer Concho Resources in an all-stock deal valued at $9.7 billion. The companies said Monday, Oct. 19, 2020, that the combined business will be the largest independent oil and gas company, with pro forma production of more than 1.5 million barrels of oil equivalent per day.  (AP Photo/Mark Thiessen, File)

ConocoPhillips buying Concho in $9.7B all-stock deal

Oct. 19, 2020 4:24 PM EDT

NEW YORK (AP) — ConocoPhillips is buying shale producer Concho Resources in an all-stock deal valued at $9.7 billion, making it a major presence in the Permian Basin, the top-producing oil field in the U.S. The combined company, if approved, would be among the largest U.S. oil producers, with production of...

Pakistan military: Soldier killed by Baluchistan militants

Oct. 18, 2020 3:34 AM EDT

QUETTA, Pakistan (AP) — Militants killed a Pakistani paramilitary soldier and wounded three others in an ambush on a security patrol in southwestern Baluchistan province, the country's military said Sunday. The Frontier Corps patrol came under gunfire in the district of Turbat Saturday afternoon,...

Turkey's Black Sea gas find reaches 405 billion cubic meters

Oct. 17, 2020 10:12 AM EDT

ISTANBUL (AP) — Turkey’s president has announced the discovery of an additional 85 billion cubic meters of natural gas reserves in the Black Sea. Speaking aboard the drill ship Fatih on Saturday, President Recep Tayyip Erdogan said explorations in the Tuna-1 well were complete after reaching a depth...

President Donald Trump talks with voters after an NBC News Town Hall, at Perez Art Museum Miami, Thursday, Oct. 15, 2020, in Miami. (AP Photo/Evan Vucci)

AP FACT CHECK: Trump sees what others do not in the pandemic

Oct. 17, 2020 8:34 AM EDT

WASHINGTON (AP) — “I believe we’re rounding the corner." “We’re a winner on the excess mortality.” “We have the vaccines coming and we have the therapies coming.” “We have done an amazing job.” President Donald Trump sees in the pandemic what...