Latest Oil and gas industry News
UN-backed government in Libya suspends talks after attack
GENEVA (AP) — The U.N.-supported government in Libya said Tuesday it would suspend its participation in talks in Geneva aimed at salvaging a fragile cease-fire in the North African country following an attack on Tripoli's strategic port. It appeared to be the first such attack on Tripoli's port since...
Texas co. to pay $2.4M penalty for ND oil terminal violation
BISMARCK, N.D. (AP) — A Texas company and its subsidiaries will pay a $2.4 million penalty to resolve alleged violations of the Clean Air Act for a crude oil transloading facility the companies formerly owned and operated on the Fort Berthold Indian Reservation in North Dakota, the U.S. Environmental...
Stocks fall on Apple revenue warning; Dow drops 165
Major U.S. stock indexes are closing mostly lower Tuesday, as the market gives up some of its gains from the past two weeks. The selling, which lost some of its momentum in the final hour of trading, came as investors weighed the impact of the virus outbreak in China on Apple and other major companies. Tech...
Brazil oil workers at war with Petrobras in massive strike
RIO DE JANEIRO (AP) — Brazilian oil workers and oil giant Petrobras were locked in a power struggle Tuesday over the company's privatization plans, with the union saying thousands of employees are on an indefinite strike. A few hundred people gathered Tuesday afternoon outside the headquarters of...
New Mexico state senators back tuition-free college plan
SANTA FE, N.M. (AP) — Revisions to New Mexico's budget plan on Tuesday would dial back average teacher raises to 4% instead of 5% and set aside money for the governor's tuition-free college initiative. The spending bill from the state Senate's lead budget-writing committee increases general fund spending...
US sanctions Russian oil trading firm for role in Venezuela
WASHINGTON (AP) — The Trump administration announced sanctions Tuesday on a Russian state-controlled brokerage that has helped the Venezuelan government skirt an American oil embargo and enabled President Nicolas Maduro to keep his grip on power in the South American country. Administration officials said...
Trudeau urges patience, warns against force in rail protests
TORONTO (AP) — Canadian Prime Minister Justin Trudeau urged patience and warned against using force Tuesday as his government works to end nationwide rail blockades and protests over a British Columbia pipeline project. Demonstrators have set up blockades in British Columbia and Ontario in solidarity with...
Death toll from toxic gas leak rises to 14 in Pakistan
KARACHI, Pakistan (AP) — A gas leak in the southern port city of Karachi has killed 14 people and sickened hundreds more, Pakistani health officials said Tuesday. The leak that started Sunday has set off a panic in Karachi and raised concerns because city officials could not immediately identify the...
Peru gas workers unearth centuries of history in Lima's soil
LIMA, Peru (AP) — For nearly two decades, workers for a company building gas lines across Peru’s capital have found themselves unearthing a treasure trove of history. On one recent afternoon, a team came across four burials accompanied by ceramics from a pre-Incan civilization. Two years earlier,...
Energy company agrees to pay $2.6M for refinery violations
OREGON, Ohio (AP) — An oil and gas company has agreed to pay $2.6 million in fines for air pollution violations at a refinery in Ohio, according to court documents. Federal agencies found longstanding pollution and record-keeping violations at the BP-Husky refinery in Oregon, according to a Jan. 29...
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