Latest Oil and gas industry News

Washington state deals setback to massive methanol plant

Nov. 22, 2019 2:28 PM EST

SEATTLE (AP) — Washington state dealt a setback Friday to efforts to build one of the world’s biggest methanol plants on the Columbia River, saying that five years in, its backers had failed to provide enough information about its greenhouse gas emissions and how they would be offset. The $2 billion...

21 arrested at Oregon pipeline protest, held overnight

Nov. 22, 2019 1:57 PM EST

SALEM, Ore. (AP) — Authorities have reportedly released 21 protesters who were arrested Thursday night during a sit-in at the governor’s office in the Oregon State Capitol. The demonstrators are opposed to a planned liquefied natural gas pipeline and a marine export terminal in Oregon. They demanded...

Pennsylvania to fund research into fracking health dangers

Nov. 22, 2019 1:06 PM EST

Pennsylvania Gov. Tom Wolf said Friday his administration will spend $3 million on a pair of studies to explore the potential health effects of the natural gas industry, taking action after months of impassioned pleas by the families of pediatric cancer patients who live in the most heavily drilled region of the...

Iran internet slowly revives; US sanctions telecom minister

Nov. 22, 2019 11:07 AM EST

DUBAI, United Arab Emirates (AP) — The internet slowly trickled back on in Iran on Friday after a dayslong shutdown by authorities amid protests and unrest that followed government-set gasoline prices sharply rising, as the U.S. sanctioned the country’s prominent telecommunications minister over the...

Ukraine: Troubled, unwitting star of Trump impeachment drama

Nov. 22, 2019 10:08 AM EST

KYIV, Ukraine (AP) — Ukraine seems destined to be tangled up in other people’s problems. With four EU countries on one side and Russia on the other, this Texas-sized nation has been trapped in a tug-of-war between the Kremlin and the U.S.-led West ever since the 1991 collapse of the Soviet Union led...

ConocoPhillips seeking sales of Alaska assets

Nov. 22, 2019 9:12 AM EST

ANCHORAGE, Alaska (AP) — ConocoPhillips hopes to sell parts of its Alaska projects to offset risks and share the expenses of investments planned in the state, company officials said. The sale package includes old, new and unbuilt projects representing most of Conoco’s Alaska holdings,...

World shares advance on upbeat comments on US-China trade

Nov. 22, 2019 6:27 AM EST

BEIJING (AP) — World stocks rose Friday as upbeat comments by Chinese President Xi Jinping helped quell anxiety over the state of trade talks with the U.S. Britain’s FTSE 100 rose 1% to 7,311, while the CAC 40 in France gained 0.3% to 5,897. Germany’s DAX picked up 0.1% to 13,146. Wall Street...

Gas pipeline protesters sit-in in Oregon governor’s office

Nov. 22, 2019 12:47 AM EST

SALEM, Ore. (AP) — Demonstrators opposed to a liquefied natural gas pipeline and a marine export terminal in Oregon flooded into the Oregon State Capitol on Thursday and staged a sit-in at the governor’s office before police moved in to arrest them. The hundreds of protesters demanded Gov. Kate...

Asian shares mostly higher despite US-China trade anxiety

Nov. 21, 2019 11:22 PM EST

BEIJING (AP) — Stocks logged modest gains Friday in Asia after a lackluster overnight session on Wall Street ended with the market’s third straight drop. Reports suggesting Chinese Vice Premier Liu He, Beijing’s lead trade negotiator, has invited U.S. officials to China for talks helped...

Colorado approves new flowline rules after fatal blast

Nov. 21, 2019 9:59 PM EST

GREELEY, Colo. (AP) — Colorado regulators on Thursday approved a set of safety measures designed to increase citizen protections in areas surrounding thousands of miles of underground oil and gas pipelines in the state. The rules provide public access to a more detailed and accurate state map of locations...