Latest Oil and gas industry News

UN forecasts global economic growth around 3 percent in 2019

Jan. 21, 2019 6:23 PM EST

UNITED NATIONS (AP) — The global economy will grow around 3 percent annually in 2019 and 2020, but waning support for multilateralism, escalating trade disputes, increasing debt and rising climate risks are clouding prospects, the United Nations said Monday. The U.N.'s report, the World Economic Situation...

Death toll in Mexico pipeline fire reaches 89

Jan. 21, 2019 1:40 PM EST

MEXICO CITY (AP) — The death toll in a massive fire at an illegally tapped pipeline in Mexico rose to 89 Monday as more of the injured have died at hospitals. Health Secretary Jorge Alcocer said 51 victims severely burned in the fire were still in hospitals, two of them in Galveston, Texas. The victims...

Bus collides with oil tanker in Pakistan, killing 13

Jan. 21, 2019 11:35 AM EST

QUETTA, Pakistan (AP) — A Pakistani official says a bus has collided with an oil tanker, killing 13 passengers and leaving another 16 with severe burns. Local administrator Shabbir Mengal says the crash happened Monday in the southwestern Baluchistan province bordering Iran. He says rescuers have recovered...

Death toll reaches 85 in Mexico fuel pipeline fire horror

Jan. 20, 2019 9:12 PM EST

TLAHUELILPAN, Mexico (AP) — People in the town where a gasoline explosion killed at least 85 people say the section of pipeline that gushed fuel has been a habitual gathering site for thieves, repeatedly damaged and patched like a trusty pair of jeans. "It was the popular tap," said Enrique Cerron, 22, who...

The Latest: Death toll for Mexico pipeline blast rises to 85

Jan. 20, 2019 8:21 PM EST

TLAHUELILPAN, Mexico (AP) — The latest on the deadly fire at a Mexican fuel pipeline (all times local): 7:20 p.m. Mexican Health Minister Jorge Alcocer says the death toll from the ghastly pipeline explosion in central Mexico has risen to 85. Fifty-eight others are hospitalized, and dozens more are listed...

Iraqi prime minister visits Basra, months after unrest

Jan. 20, 2019 2:59 PM EST

BAGHDAD (AP) — Iraq's new prime minister, Adel Abdul-Mahdi, made his first visit to Basra on Sunday, promising better water and electricity services after riots swept through the impoverished city last summer. Demonstrators set fire to nearly every government building in the summer unrest and torched most...

Mexican pipeline explosion kills 73, leaves nightmare of ash

Jan. 19, 2019 8:24 PM EST

TLAHUELILPAN, Mexico (AP) — Gerardo Perez returned Saturday to the scorched field in central Mexico where he'd seen an illegal pipeline tap burst into flames to see if he could recognize missing friends. He couldn't. Only a handful of the remains still had skin. Dozens were burned to the bone or to ash...

The Latest: Death toll rises to 73 in Mexico pipeline blast

Jan. 19, 2019 8:09 PM EST

TLAHUELILPAN, Mexico (AP) — The Latest on a pipeline fire in Mexico (all times local): 7:00 p.m. Hidalgo state Gov. Omar Fayad says the death toll from an explosion at a punctured pipeline in central Mexico has risen to 73, while the number of injured stands at 74. Forensic experts continue to comb the...

21 dead, 71 burned in fire at illegal tap on Mexico pipeline

Jan. 18, 2019 11:58 PM EST

MEXICO CITY (AP) — A huge fire exploded at a pipeline leaking fuel in central Mexico on Friday, killing at least 21 people and badly burning 71 others as locals were collecting the spilling gasoline in buckets and garbage cans, officials said. The leak was caused by an illegal tap that fuel thieves had...

UN organizing national conference in Libya in coming weeks

Jan. 18, 2019 8:29 PM EST

UNITED NATIONS (AP) — The United Nations is seeking to hold a conference in l.ibya in the coming weeks to agree on a national agenda to rebuild the fractured north African nation and spell out the path to elections, the U.N. envoy said Friday. Ghassan Salame said in a video briefing to the Security Council...