Latest Oil and gas industry News
Libya's eastern-based forces move to halt oil exports
BENGHAZI, Libya (AP) — A move by Libya's east-based forces to choke off oil exports from its territory threatens to throttle much of the country’s oil production, the national oil corporation said Saturday, escalating tensions ahead of an international peace summit to end the civil war. Powerful...
Democrats: Oregon climate bill is priority; GOP resists
SALEM, Ore. (AP) — Oregon Gov. Kate Brown and the speaker of the House of Representatives, both Democrats, said Friday that passing legislation aimed at stemming global warming is their priority when lawmakers return to the Capitol next month. But Rep. Christine Drazan, the leader of the minority...
China's Xi ends Myanmar visit with flurry of agreements
NAYPYITAW, Myanmar (AP) — Chinese President Xi Jinping ended a two-day state visit to Myanmar on Saturday after attending the signing of a raft of agreements buttressing bilateral relations and advancing Beijing's ambitious Belt and Road Initiative, in which his host country is a key player. The two sides...
US allows Chevron to keep drilling in Venezuela for 3 months
WASHINGTON (AP) — The Trump administration has granted Chevron a special license to keep drilling oil in Venezuela despite a ban on American companies doing business with President Nicolás Maduro's socialist government. The Treasury Department late Friday renewed until April 22 the license for Chevron...
California teachers sue after jetliner dumps fuel on schools
LOS ANGELES (AP) — Four teachers from a Los Angeles-area school sued Delta Air Lines on Friday, saying they were exposed to jet fuel when a plane with engine trouble dumped its fuel over a densely populated area, including several schools, while making an emergency return to the airport. At a news...
Jordanians protest gas deal with Israel
AMMAN, Jordan (AP) — Hundreds of Jordanians demonstrated in downtown Amman on Friday, calling on the government to cancel an agreement in which Israel began pumping natural gas to the kingdom this year. Jordanian security forces prevented the protesters from reaching symbolic Al-Nakheel Square in the...
'Days of God': A look at Iran's mounting crises
DUBAI, United Arab Emirates (AP) — Iran's supreme leader says his nation is living through “days of God.” The Islamic Republic has been reeling from one crisis to another, from the targeted killing by the United States of its top general to the Revolutionary Guard's accidental shootdown of a...
Libya's rival military commander seeks support in Greece
ATHENS, Greece (AP) — The commander of forces fighting the U.N.-supported government in Libya visited Athens Friday in a bid to counter Turkey’s support for his opponents, ahead of a weekend summit on Libya in Berlin. Gen. Khalifa Hifter’s surprise trip to Greece came two days before the...
Global stocks inspired by US rally, hopes for Chinese growth
Global stocks rose Friday, seemingly buoyed by high spirits on Wall Street, as new data suggested China's economic slowdown may have stabilized and Washington and Beijing signed a trade deal. European indexes were broadly higher, while markets in Shanghai, Tokyo and Hong Kong closed with gains, after the U.S.'s...
Chinese president heads to Myanmar for crucial state visit
NAYPYITAW, Myanmar (AP) — China's President Xi Jinping was given a lavish welcome to Myanmar as he arrived Friday for a state visit meant to deepen bilateral relations at a critical time. The visit nominally marks the 70th anniversary of the establishment of diplomatic relations between China and Myanmar,...
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