Latest Oil and gas industry News
On Venezuelan roads, old cars prevail, break down everywhere
CARACAS, Venezuela (AP) — A 1983 Chevrolet C-10 pickup is the workhorse of Argenis Ron’s party equipment rental business. He uses it to haul chairs, tents and tables to gatherings all across Venezuela's sprawling capital. The once-white paint is slightly yellowish and the body...
Russia cuts off gas exports to Finland in symbolic move
HELSINKI (AP) — Russia halted gas exports to neighboring Finland on Saturday, a highly symbolic move that came just days after the Nordic country announced it wanted to join NATO and marked a likely end to Finland's nearly 50 years of importing natural gas from Russia. The measure...
Russia claims to have taken full control of Mariupol
POKROVSK, Ukraine (AP) — Russia claimed to have captured Mariupol on Friday in what would be its biggest victory yet in its war with Ukraine, after a nearly three-month siege that reduced much of the strategic port city to a smoking ruin, with over 20,000 civilians feared dead. ...
Live updates | Zelenskyy: Russia should pay for destruction
KYIV, Ukraine -- President Volodymyr Zelenskyy devoted his nightly video address to Ukraine’s demand that Russia be held financially responsible for the damage its forces are inflicting on Ukraine. Just on Friday, he noted, the Russian army fired a missile at the northeastern...
Alaska job numbers in April up over a year earlier
JUNEAU, Alaska (AP) — Alaska had about 6,700 more jobs last month than a year earlier but jobs in most sectors had not recovered to pre-pandemic levels, the state labor department reported Friday. There were about 11,800 fewer jobs in April than there were in April 2019, the year...
Russia to cut Finland's natural gas in latest energy clash
COPENHAGEN, Denmark (AP) — Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin's demand to pay in rubles, the Finnish state-owned energy company said Friday, the latest escalation over European energy amid...
'I can’t see the light': War fuels surging prices in Europe
MILAN (AP) — Edoardo Ronzoni inspects a construction site near Milan that he shut down in March as costs for materials skyrocketed. He can’t complete a half-built roundabout at an intersection known for fender-benders because asphalt, cast-iron pipes and concrete are too expensive — prices...
Sri Lanka closes schools, limits work amid fuel shortage
COLOMBO, Sri Lanka (AP) — Sri Lankan authorities closed schools and asked public officials not to come to work in a desperate move to prepare for an acute fuel shortage that is expected to last days amid the nation's worst economic crisis in decades. The Public Administration...
Asian stocks rise after Wall St slips closer to bear market
BEIJING (AP) — Asian stock markets rose Friday after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation edged higher. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices fell more than $1 per barrel. ...
Companies fined $1.75m in worker death at Bay Area refinery
BENICIA, Calif. (AP) — California workplace safety regulators fined a San Francisco Bay Area refinery and three contractor companies more than $1.75 million for safety violations in the death of a worker who suffocated while trying to clean a well, officials said Thursday. ...
