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FILE In this April 21, 2020 file photo, a pumpjack is pictured as the sun sets in Oklahoma City.  Google says it won’t build custom artificial intelligence tools for speeding up oil and gas extraction, taking an environmental stance that distinguishes it from cloud computing rivals Microsoft and Amazon.  The announcement followed a Greenpeace report on Tuesday, May 19,  that documents how the three tech giants are using AI and computing power to help oil companies find and access oil and gas deposits in the U.S. and around the world. (AP Photo/Sue Ogrocki File)

Google says it won't build AI tools for oil and gas drillers

May. 19, 2020 2:07 PM EDT

Google says it will no longer build custom artificial intelligence tools for speeding up oil and gas extraction, separating itself from cloud computing rivals Microsoft and Amazon. A statement from the company Tuesday followed a Greenpeace report that documents how the three tech giants are using AI and...

In this Thursday, April 30, 2020, photo traffic moves along Interstate 10 near downtown Houston. Like in other cities, the coronavirus has shut down much of Houston's economic activity, slashing thousands of jobs, while at the same time, the price of oil plunged below zero recently as demand plummeted due to the worldwide lockdown to stop the spread of the virus. This one-two punch from COVID-19 and the collapse in oil prices will make it much harder for Houston to recover from a looming recession, according to economists. (AP Photo/David J. Phillip)

Houston confronts one-two punch of COVID-19 and oil bust

May. 6, 2020 1:46 PM EDT

HOUSTON (AP) — When you’re known as the energy capital of the world, oil busts are nothing new. But Houston now finds itself in uncharted territory — grappling with an oil downturn in the middle of a pandemic. Like in other cities, the coronavirus has shut down much of Houston’s...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, April 29, 2020. Asian stock markets gained Wednesday after France and Spain joined governments that plan to ease anti-virus controls and allow businesses to reopen. (AP Photo/Ahn Young-joon)

Asian stocks gain after France, Spain unveil reopening plans

Apr. 28, 2020 11:47 PM EDT

BEIJING (AP) — Asian stock markets gained Wednesday after France and Spain joined governments that plan to ease anti-virus controls and allow businesses to reopen. Benchmarks in Shanghai, Hong Kong, Sydney and Southeast Asia advanced. Japanese markets were closed for a holiday. Wall Street retreated...

FILE - In this April 1, 2020, file photo, several dozen mothballed Delta Air Lines jets are parked at Kansas City International Airport in Kansas City, Mo.  Investors are now getting their first look at companies navigating the coronavirus pandemic. A clearer snapshot of the business landscape should start to formulate by keeping an eye on the busiest week of the earnings season as many companies are reporting earnings on Tuesday, April 28. (AP Photo/Charlie Riedel, File)

Earnings season is in full swing and uncertainty is certain

Apr. 28, 2020 7:50 PM EDT

The most active week of the earnings season is on and the rush of quarterly reports Tuesday, 39 in all, captured the maneuvering of companies from almost every sector as they feel their way through an unprecedented economic shockwave. Companies are being affected in different ways but if there's a common theme,...

Editorial Roundup: US

Apr. 22, 2020 3:39 PM EDT

Excerpts from recent editorials in the United States and abroad: ___ April 22 The Boston Herald on comedian Jimmy Kimmel's comments regarding protesters demanding businesses be reopened: It’s no secret that Hollywood celebrities and their ideological counterparts in the mainstream media despise President...

FILE - In this June 26, 2010 file photo, Plaquemines Parish Coastal Zone Director P.J. Hahn rescues a heavily oiled bird from the waters of Barataria Bay, La., which are laden with oil from the Deepwater Horizon oil spill.  Ten years after the nation's biggest offshore oil spill fouled its waters, the Gulf of Mexico sparkles in the sunlight and its fish are safe to eat. But scientists who have spent $500 million dollars from BP researching the impact of the Deepwater Horizon disaster have found much to be concerned about. (AP Photo/Gerald Herbert, File)

Sparkling waters hide some lasting harm from 2010 oil spill

Apr. 20, 2020 2:55 PM EDT

NEW ORLEANS (AP) — Ten years after a well blew wild under a BP platform in the Gulf of Mexico, killing 11 men and touching off the nation’s worst offshore oil spill, gulf waters sparkle in the sunlight, its fish are safe to eat, and thick, black oil no longer visibly stains the beaches and...

FILE - This Wednesday, May 5, 2010 file picture shows a plume of oil as a shrimp boat uses booms to collect oil in the waters of Chandeleur Sound, La. On April 20, 2010,  a well blew wild under a BP oil platform in the Gulf of Mexico. Eleven workers were missing that day, and would later be declared dead. Ten years after the explosion on that Deepwater Horizon rig off Louisiana's coast, The Associated Press is making the original story and photographs available. (AP Photo/Eric Gay)

AP Was There: Deepwater Horizon oil platform explosion

Apr. 20, 2020 1:03 PM EDT

NEW ORLEANS (AP) — EDITOR’S NOTE: On April 20, 2010, a well blew wild under a BP oil platform in the Gulf of Mexico. Eleven workers were missing that day, and would later be declared dead. The blast touched off the nation’s worst offshore oil spill. Millions of gallons of crude oil spewed...

Coronavirus confirmed on offshore platforms in Gulf

Apr. 16, 2020 10:19 AM EDT

NEW ORLEANS (AP) — The new coronavirus that causes COVID-19 has been confirmed in more than two dozen people working on oil platforms in the Gulf of Mexico, the Coast Guard said. While an offshore rig might seem like an unlikely place for the virus to show up, workers share close quarters and frequently...

FILE —This file photo from Oct. 3, 2019 shows cranes as they work on construction of the Shell Pennsylvania Petrochemicals Complex and ethylene cracker plant located in Potter Township, Pa. Under mounting pressure from state and local officials, Shell announced it is suspending construction at its massive manufacturing complex in western Pennsylvania. The company said Wednesday, March, 18, 2020 that it's temporarily halting work at its soon-to-be-completed plant which will turn the area's vast natural gas deposits into plastics. The shutdown takes effect immediately. (AP Photo/Keith Srakocic, File)

Oil and gas giant Shell targets 'net zero' emissions by 2050

Apr. 16, 2020 9:33 AM EDT

BERLIN (AP) — Energy company Royal Dutch Shell told investors Thursday that it aims to stop adding greenhouse gases to the atmosphere by 2050, a move that was welcomed by some climate campaigners even as others called it “corporate greenwash.” The British-Dutch oil and gas giant said in a...

FILE - In this May 2, 2010 photo, Institute of Marine Mammal Sciences researcher Justin Main takes photographs of a dead sea turtle on the beach in Pass Christian, Miss. The National Wildlife Federation released a report Tuesday, April 7, 2020, looking at Gulf restoration after the BP oil spill. The report states serious ongoing harm to dolphins, turtles and other wildlife in the Gulf of Mexico. (AP Photo/Dave Martin, File)

Wildlife group: Gulf oil spill still affecting wildlife

Apr. 7, 2020 3:43 PM EDT

ST. PETERSBURG, Fla. (AP) — A decade after the nation’s worst offshore oil spill, dolphins, turtles and other wildlife in the Gulf of Mexico are still seriously at risk, according to a report released Tuesday. The fact that the Gulf hasn’t fully recovered is “hardly surprising given...