Latest Oil and gas industry News

$1M grant announced to help Kentucky hemp processing company

Jan. 29, 2020 4:20 AM EST

FRANKFORT, Ky. (AP) — A Kentucky company that specializes in storing and processing Kentucky-grown hemp for the purpose of cannabidiol oil extraction and refinement will benefit from a $1 million grant. Gov. Andy Beshear and the Department for Local Government announced the Community Development Block...

In this photo taken Aug. 25, 2017, provided by NOAA Fisheries, a newborn beluga whale calf sticks its head out of the water in upper Cook Inlet, Alaska. The population of endangered beluga whales in Alaska's Cook Inlet continues to decline, federal marine mammal authorities announced Tuesday, Jan. 28, 2020. A biennial survey conducted by the fisheries arm of the National Oceanic and Atmospheric Administration estimated the population of the white whales at 250 to 317, with a median estimate of 279. (NOAA Fisheries via AP)

Survey: Alaska's Cook Inlet beluga whales continue decline

Jan. 28, 2020 7:54 PM EST

ANCHORAGE, Alaska (AP) — The population of endangered beluga whales in Alaska's Cook Inlet continues to decline, federal marine mammal authorities announced Tuesday. A biennial survey conducted by the fisheries arm of the National Oceanic and Atmospheric Administration estimated the population of the white...

Libya says oil shutdown losses reach over $500 million

Jan. 28, 2020 6:21 PM EST

CAIRO (AP) — Total losses from the closure of Libya’s major oil fields and production facilities has accelerated, reaching more than $502 million over a 10-day period, the country’s national oil company said Tuesday. The announcement came as an artillery shell exploded close to a school south...

Audit: Colorado could be losing tax funds from energy firms

Jan. 28, 2020 4:46 PM EST

DENVER (AP) — A state audit found Colorado may be losing significant tax revenue due to oil and gas companies failing to submit thousands of monthly reports used to track how much energy they produce. The audit estimated the energy producers operating in Colorado would have been subject to “about...

Pennsylvania governor has $2.2M to help Democrats win seats

Jan. 28, 2020 4:35 PM EST

HARRISBURG, Pa. (AP) — Gov. Tom Wolf is renewing his push for his top priorities that have stalled in Pennsylvania's Republican-controlled Legislature, and the Democrat will have at least a couple million dollars to spend in this year's legislative elections to try to improve his chances. Wolf's campaign...

What's next for the Keystone XL pipeline in South Dakota

Jan. 28, 2020 2:14 PM EST

PIERRE, S.D. (AP) — Plans for construction of the Keystone XL oil sands pipeline inched forward last week with several approvals at both the federal and state levels, but opponents in South Dakota say they haven’t given up on preventing, or at least slowing, the pipeline’s construction. Plans...

Carbon monoxide leak at vacation rental sends 25 to hospital

Jan. 28, 2020 12:51 PM EST

DONNELLY, Idaho (AP) — Authorities say 25 people were hospitalized for carbon monoxide poisoning while staying at a vacation rental home in an Idaho mountain town. Donnelly Rural Fire Protection Chief Juan Bonilla says firefighters were called to the vacation home in Donnelly about 6:30 a.m. Monday, where...

Delaware company to pay $70K for air pollution violations

Jan. 28, 2020 10:37 AM EST

DELAWARE CITY, Del. (AP) — The Delaware City Refining Company will pay $70,000 in a settlement involving months of air pollution violations, state officials said. The settlement announced Monday would resolve the refinery's air pollution-related violations that occurred between November 2018 and June...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Jan. 28, 2020. Asian shares continued to fall Tuesday, dragged down by worries about an outbreak of a new virus in China that threatens global economic growth. (AP Photo/Ahn Young-joon)

Stock markets stabilize after selloff over China virus

Jan. 28, 2020 8:09 AM EST

TOKYO (AP) — European stock markets and U.S. futures edged higher after another day of losses in Asia on Tuesday amid worries over the expanding outbreak of a new virus in China. France's CAC 40 rose 0.5% to 5,893 , while Germany's DAX rose 0.4% to 13,253. Britain's FTSE 100 was up 0.5% at 7,447. U.S....

FILE - This Jan.11, 2016 file photo shows the logo of French oil giant Total SA on its headquarters at La Defense business district outside Paris. A partnership of French non-governmental organisations and over a dozen local authorities launched unprecedented legal action Tuesday against energy company Total, aimed at forcing it to drastically reduce its greenhouse gas emissions. (AP Photo/Michel Euler, File)

French climate alliance takes legal action against Total

Jan. 28, 2020 6:28 AM EST

A French climate alliance of charity groups and local authorities launched an unprecedented legal action Tuesday against Total, hoping to make the French energy company drastically reduce its greenhouse gas emissions. Activists from the non-governmental organizations and over a dozen local governments say it's...