Latest Oil and gas industry News

FILE - In this May 8, 2017 file photo steel pipes for the North Stream 2 pipeline are stacked in Mukran harbour in Sassnitz, Germany. Three Republican senators have warned operators of a small German port that they face “crushing” sanctions for allegedly providing supplies to vessels involved in a Russian pipeline project. The letter by Sen. Ted Cruz, Sen. Tom Cotton and Sen. Ron Johnson targets Mukran port located in German Chancellor Angela Merkel’s constituency on the Baltic Sea island of Ruegen.  (Stefan Sauer/dpa via AP, File)

US senators take aim at German port over Russia pipeline

Aug. 6, 2020 2:30 PM EDT

BERLIN (AP) — Three Republican senators have issued a dire warning to operators of a small German port, threatening them with “crushing” sanctions for allegedly providing supplies to Russian vessels involved in a pipeline project the United States vehemently opposes. The letter sent late...

Alaska produced more July oil than it had since 2013

Aug. 6, 2020 1:38 PM EDT

ANCHORAGE, Alaska (AP) — The Alaska North Slope region produced more oil in July than it had since 2013. The area's final production averaged 477,896 barrels per day in July, the highest monthly figure since 497,300 barrels were pumped daily in July 2013, the Alaska Journal of Commerce reported ...

2 Keystone XL pipeline workers get virus, but work continues

Aug. 6, 2020 1:37 PM EDT

BILLINGS, Mont, (AP) — Two people working on the Keystone XL oil pipeline have tested positive for the coronavirus in northern Montana, but the company said Thursday that construction work on the disputed project will continue after a temporary shut down of a pipe storage yard. Calgary-based TC Energy says...

Egypt, Greece sign maritime deal to counter Libya-Turkey one

Aug. 6, 2020 12:30 PM EDT

CAIRO (AP) — Egypt and Greece on Thursday signed a maritime deal that sets the sea boundary between the two countries and demarcates an exclusive economic zone for oil and gas drilling rights. The deal is a response to a similar agreement between Turkey and Libya’s Tripoli-based government last...

FILE - In this Nov. 30, 1999, file photo, Seattle police use tear gas to push back World Trade Organization protesters in downtown Seattle. The Associated Press found that there is no government oversight of the manufacture and use of tear gas. Instead, the industry is left to regulate itself. (AP Photo/Eric Draper, File)

Lack of study and oversight raises concerns about tear gas

Aug. 6, 2020 11:43 AM EDT

SALEM, Ore. (AP) — On June 2, Justin LaFrancois attended a protest against police violence and racism in downtown Charlotte, North Carolina, where he planned to livestream the event for his alternative newspaper’s website. Shortly into the march, police, who reported that water bottles and rocks...

FILE - In this July 26, 2020, file photo, federal officers launch tear gas at demonstrators during a Black Lives Matter protest at the Mark O. Hatfield U.S. Courthouse in Portland, Ore. The Associated Press found that there is no government oversight of the manufacture and use of tear gas. Instead, the industry is left to regulate itself. (AP Photo/Marcio Jose Sanchez, File)

Lack of study and oversight raises concerns about tear gas

Aug. 6, 2020 11:41 AM EDT

SALEM, Ore. (AP) — On June 2, Justin LaFrancois attended a protest against police violence and racism in downtown Charlotte, North Carolina, where he planned to livestream the event for his alternative newspaper’s website. Shortly into the march, police, who reported that water bottles and rocks...

FILE - This April 18, 2013 aerial file photo, shows the remains of a nursing home, left, apartment complex, center, and fertilizer plant, right, destroyed by an explosion at a fertilizer plant in West, Texas. Images of a massive explosion in the Lebanese capital looked depressingly familiar to West, Texas Mayor Tommy, whose small town in 2013 was partly leveled by one of the deadliest fertilizer plant explosions in U.S. history.

'We don't seem to learn': Beirut explosion echoes US tragedy

Aug. 6, 2020 12:21 AM EDT

AUSTIN, Texas (AP) — The staggering videos from the Lebanese capital are grimly familiar to Tommy Muska thousands of miles away in Texas: a towering blast, a thundering explosion and shock waves demolishing buildings with horrifying speed. It is what the mayor of West, Texas, lived seven years ago when...

A currency trader wearing a face mask walks near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 6, 2020. Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. (AP Photo/Lee Jin-man)

Asian shares mixed as US talks on stimulus still stalled

Aug. 5, 2020 11:17 PM EDT

Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. Investors are watching to see if lawmakers will come ahead with fresh stimulus for the U.S. economy. Tokyo's Nikkei 225 index shed 0.4% to 22,438.61 while the Shanghai Composite index gave...

Wyoming has no operating oil rigs for 2nd time since 1884

Aug. 5, 2020 7:08 PM EDT

CASPER, Wyo. (AP) — Workers closed Wyoming's last operating oil rig on Tuesday. It is just the second time since 1884 that the state has had zero gas rigs in operation, according to Pete Obermueller, the executive director of the Petroleum Association of Wyoming. “It is historic, but not in a great...

FILE - In this October 2016 file photo, construction continues on the Dakota Access pipeline. A federal appeals court on Wednesday, Aug. 5, 2020, reversed a judge’s order that shut down the Dakota Access pipeline pending a full environmental review. The U.S. Court of Appeals for the District of Columbia Circuit sided with pipeline owner Energy Transfer to keep the oil flowing, saying a lower-court judge “did not make the findings necessary for injunctive relief.” (Tom Stromme/The Bismarck Tribune via AP, File)

Court reverses order to shut down Dakota Access pipeline

Aug. 5, 2020 6:54 PM EDT

BISMARCK, N.D. (AP) — A federal appeals court on Wednesday reversed a judge’s order that shut down the Dakota Access pipeline pending a full environmental review. The U.S. Court of Appeals for the District of Columbia Circuit sided with pipeline owner Energy Transfer to keep the oil flowing, saying...