Latest Oil and gas industry News

OPEC, allies agree not to further increase oil production

Sep. 23, 2018 2:02 PM EDT

ALGIERS, Algeria (AP) — A meeting of OPEC and its allies ended without any decision to further increase oil output despite President Donald Trump's call for lower prices. Members of the Organization of the Petroleum Exporting Countries met on Sunday in Algiers with non-members including Russia. The...

Report finds dozens of Texas gas leak explosions since 2006

Sep. 23, 2018 1:47 PM EDT

DALLAS (AP) — More than two dozen homes in north and central Texas have blown up since 2006 along a network of pipelines operated by one of the largest natural gas companies in the U.S, leading to nine deaths and badly injuring at least 22 other people, a newspaper reported Sunday. The Dallas Morning News...

Summaries of the governor's races on the ballot in 36 states

Sep. 23, 2018 10:21 AM EDT

Governor's races are on the ballot this November in 36 states. The most competitive races are expected to be in states where Republicans now hold the job. Summaries of each race: ALABAMA Republican Kay Ivey is being challenged by the mayor of Tuscaloosa, Democrat Walter Maddox, who is seeking to be the first...

Iran-backed militias accused of reign of fear in Iraqi Basra

Sep. 23, 2018 7:27 AM EDT

BASRA, Iraq (AP) — Hajar Youssif was on her daily commute to work, staring at her phone and flicking through her Instagram account when she looked up to find herself in an unusual location. The taxi driver had turned into an alley. When she questioned the driver, he sped up. "I started to feel uneasy and...

Germany's Porsche says it won't produce new diesel models

Sep. 23, 2018 6:37 AM EDT

BERLIN (AP) — Porsche's chief executive says the sports car maker won't produce any new diesel models in the wake of parent company Volkswagen's diesel emissions scandal. CEO Oliver Blume told Sunday's Bild am Sonntag newspaper that, although Porsche itself never developed and produced diesel engines, its...

The Latest: UN chief offers condolences over attack in Iran

Sep. 22, 2018 7:24 PM EDT

TEHRAN, Iran (AP) — The latest on attack on Iranian military parade(all times local): 2:50 a.m. United Nations Secretary-General Antonio Guterres is offering condolences to Iranians affected by an attack on a military parade that killed 25 people and wounded dozens. A statement issued Saturday by the U.N....

Militants attack Iran military parade, killing at least 25

Sep. 22, 2018 6:32 PM EDT

TEHRAN, Iran (AP) — Militants disguised as soldiers opened fire Saturday on an annual Iranian military parade in the country's oil-rich southwest, killing at least 25 people and wounding over 60 in the deadliest terror attack to strike the country in nearly a decade. Women and children scattered along with...

Columbia Gas to cover losses related to gas disaster

Sep. 22, 2018 6:06 PM EDT

LAWRENCE, Mass. (AP) — Authorities say Columbia Gas has agreed to compensate its customers for all losses related to a series of gas explosions and fires in Massachusetts' Merrimack Valley. Town officials in Andover announced Saturday that the utility company will pay claims related to bodily injury,...

$30M natural gas pipeline proposed under Missouri River

Sep. 22, 2018 1:18 PM EDT

BISMARCK, N.D. (AP) — A $30 million natural gas pipeline proposed in northwestern North Dakota would cross under the Missouri River. The U.S. Army Corps of Engineers is reviewing a permit application from Kinder Morgan for the 10-mile pipeline that would go beneath the river for about 2 1/2 miles in...

Gas prices dip in New Jersey, stable across country

Sep. 22, 2018 9:28 AM EDT

TRENTON, N.J. (AP) — Gas prices dipped in New Jersey but stayed relatively stable over the rest of the country following the flooding and destruction in the Carolinas. AAA Mid-Atlantic says the average price of a gallon of regular gas Friday in New Jersey was $2.87, down two cents from last week. Motorists...