Latest Oil and gas industry News

Data shows ship crossed over oil pipeline that ruptured

Oct. 18, 2021 20:18 PM EDT

LOS ANGELES (AP) — A massive cargo ship that was supposed to be at anchor was buffeted by high winds during a January storm and repeatedly crossed over an undersea oil pipeline that later ruptured off the Southern California coast, according to vessel monitoring data. ...

Biden's dilemma: Satisfying Manchin risks losing other Dems

Oct. 18, 2021 19:39 PM EDT

WASHINGTON (AP) — It's Washington's enduring question: What does Joe Manchin want? But increasingly the answer is crystal clear. The conservative West Virginia Democrat wants to dismantle President Joe Biden's proposed climate change strategies and social services...

Maduro ally appears in court to face corruption charges

Oct. 18, 2021 17:14 PM EDT

MIAMI (AP) — A businessman who prosecutors say was a major conduit for corruption by Nicolás Maduro's inner circle appeared for the first time in Miami federal court Monday after a weekend extradition that has further strained relations between the U.S. and Venezuela's socialist...

Stocks end mixed on Wall Street ahead of busy earnings week

Oct. 18, 2021 16:34 PM EDT

Stocks wobbled to a mixed finish on Wall Street Monday as the market’s momentum slowed down following its best week since July. The muted trading comes ahead of a busy week of corporate earnings that could help investors find a smoother path ahead for stocks after weeks...

Massachusetts gas prices at highest level in 7 years

Oct. 18, 2021 15:52 PM EDT

WESTWOOD, Mass. (AP) — Gas prices in Massachusetts have surged to their highest level in seven years, AAA Northeast said Monday. With a 9-cent increase from a week ago, the average cost of a gallon of gas in the state is up to $3.27, the highest it's been since October...

North Dakota sees more options for oil field waste disposal

Oct. 18, 2021 13:42 PM EDT

BISMARCK, N.D. (AP) — North Dakota’s oil industry may soon have more options for disposing of radioactive waste. About 100,000 tons of radioactive oil field waste is produced in the state each year. Before a slurry well started operating near Watford City in April,...

Farmington exhibition focusing on birth of energy industry

Oct. 18, 2021 12:50 PM EDT

FARMINGTON, N.M. (AP) — A new exhibition at the Farmington Museum at Gateway Park will mark the 100th anniversary of an event that changed the character of Farmington, transforming it from a small, agricultural community into a regional energy center. “Built by Gas:...

Rhode Island gas prices soar to highest level in 7 years

Oct. 18, 2021 12:24 PM EDT

PROVIDENCE, R.I. (AP) — The average price of a gallon of gasoline in Rhode Island shot up 9 cents in the last week to its highest level in seven years, AAA Northeast said Monday. Gas is now selling for an average of $3.26 per gallon, which is 18 cents higher than a...

Fire erupts at Kuwait oil refinery; minor injuries reported

Oct. 18, 2021 03:20 AM EDT

DUBAI, United Arab Emirates (AP) — A fire erupted on Monday at a major oil refinery in Kuwait, the state-owned oil company said, reporting that some workers suffered from smoke inhalation and other light injuries. The blaze at the key Mina al-Ahmadi oil refinery along...

Coast Guard: 1,200-foot ship dragged California oil pipeline

Oct. 17, 2021 21:40 PM EDT

Investigators believe a 1,200-foot (366-meter) cargo ship dragging anchor in rough seas caught an underwater oil pipeline and pulled it across the seafloor, months before a leak from the line fouled the Southern California coastline with crude. A team of federal...