Latest Oil and gas industry News
BP reports 3Q earnings plunge amid falling demand
LONDON (AP) — BP plc says third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand. The London-based oil company said Tuesday that profits, excluding one-time items and changes in the value of inventories, dropped to $86 million from $2.25 billion in the same period last...
World shares slip after Wall St's worst day in a month
Shares skidded in Europe and Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in a month. Stock benchmarks fell in Paris, London, Hong Kong, Sydney and Seoul. Tokyo was flat. Shanghai recovered from early losses to edge higher. Overnight,...
Asian shares slip after Wall St's worst day in a month
Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in a month. Stock benchmarks fell in Tokyo, Shanghai, Hong Kong and Sydney. Shares were flat in South Korea, where economic growth data were slightly better than expected. ...
The Latest: Trump celebrates expected Barrett confirmation
WASHINGTON (AP) — The Latest on the presidential campaign (all times local): 6:10 p.m. President Donald Trump is celebrating the expected confirmation of Amy Coney Barrett to the U.S. Supreme Court as he campaigns in Pennsylvania during his third rally of the day. Trump asked a crowd of thousands that...
How major US stock indexes fared Monday
Stocks closed sharply lower on Wall Street Monday, handing the S&P 500 its worst day in a month and knocking 650 points off the Dow Jones Industrial Average. Technology companies drove much of the broad sell-off, though losses in communications services, financial and industrial stocks also helped weigh down...
AP FACT CHECK: Trump and his familiar falsehoods
WASHINGTON (AP) — President Donald Trump says Mexico is paying for the wall (it isn’t), health care choice for veterans came from him (it didn’t) and his tax cut stands as the biggest in American history (nowhere close). These are among his touchstones — the falsehoods that span his...
7 held for suspected tanker hijack after UK commando raid
LONDON (AP) — Seven stowaways seized when British naval special forces stormed an oil tanker in the English Channel have been arrested on suspicion of hijacking, police said Monday. Hampshire Police said the men, believed to be from Nigeria, were being held at several police stations on suspicion of...
Post-Abe agenda: Suga says Japan to go carbon-free by 2050
TOKYO (AP) — Japan will achieve zero carbon emissions by 2050, Prime Minister Yoshihide Suga declared Monday, outlining an ambitious agenda as the country struggles to balance economic and pandemic concerns. The policy speech at the outset of the parliamentary session was Suga’s first since he took...
2020 Watch: Is Biden remaking the Democratic coalition?
WASHINGTON (AP) — Presidential politics move fast. What we’re watching heading into the final full week of the 2020 campaign: Days to general election: 8 ___ THE NARRATIVE Welcome to the final full week of the election. Anxiety on both sides is spiking with so much uncertainty heading into an...
AP FACT CHECK: Trump and his familiar falsehoods
WASHINGTON (AP) — President Donald Trump says Mexico is paying for the wall (it isn’t), health care choice for veterans came from him (it didn’t) and his tax cut stands as the biggest in American history (nowhere close). These are among his touchstones — the falsehoods that span his...
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