Latest Oil and gas industry News

Blackouts cause North Dakota oil and gas production to fall

Apr. 16, 2021 07:42 AM EDT

BISMARCK, N.D. (AP) — The winter storms that paralyzed Texas and other south-central states and resulted in rolling power blackouts elsewhere caused North Dakota's oil and gas production to fall more than expected in February. The blackouts temporarily shut down...

No response as divers knock on capsized ship hull

Apr. 15, 2021 23:24 PM EDT

PORT FOURCHON, La. (AP) — Families anxiously awaited news of the 12 people missing from a capsized oil industry vessel Thursday while divers searching for survivors knocked on the ship's hull without response. Rescuers don’t know whether any of the missing might be...

UN Security Council votes on monitors of Libya cease-fire

Apr. 15, 2021 15:22 PM EDT

UNITED NATIONS (AP) — The U.N. Security Council is voting on a draft resolution that urges all foreign forces and mercenaries to leave Libya and authorizes a small U.N. team to monitor last October’s cease-fire agreement that ordered their departure. The...

German airlines, rail company aim to reduce domestic flights

Apr. 15, 2021 15:08 PM EDT

BERLIN (AP) — Germany's airline industry and main rail company said Thursday they aim to encourage more people to switch from planes to trains for domestic routes, to reduce greenhouse gas emissions. The German Aviation Association and Deutsche Bahn signed an agreement...

Capsized ship off Louisiana: 12 missing, 1 dead, 6 rescued

Apr. 14, 2021 20:52 PM EDT

PORT FOURCHON, La. (AP) — Coast Guard boats and aircraft have covered an area larger than the state of Rhode Island to search for 12 people still missing Wednesday off the Louisiana coast after their offshore oilfield vessel capsized in hurricane-force winds. One...

Biden taps ex-Obama official as Interior Department deputy

Apr. 14, 2021 17:32 PM EDT

WASHINGTON (AP) — The White House is naming Tommy Beaudreau, a former Obama administration official, to be deputy secretary at the Interior Department after dropping plans for a more liberal nominee who faced key Senate opposition. President Joe Biden on Wednesday...

Groups take aim at New Mexico drilling plan amid US review

Apr. 14, 2021 17:08 PM EDT

ALBUQUERQUE, N.M. (AP) — Environmentalists and Native American activists on Wednesday renewed their demands for more meaningful talks with Indigenous leaders and other communities on the front lines of fossil fuel development as the Biden administration reviews the nation's oil and gas...

How major US stock indexes fared Wednesday

Apr. 14, 2021 16:34 PM EDT

Most U.S. stocks rose Wednesday following an encouraging start to what’s expected to be a thunderous earnings reporting season, but major indexes still ended mixed as drops in several tech heavyweights including Apple and Facebook weighed them down. The S&P 500...

Death of gas drilling worker injured in Pennsylvania probed

Apr. 14, 2021 14:58 PM EDT

MONTROSE, Pa. (AP) — State and federal authorities are investigating the death of a gas drilling company worker after an injury in northeastern Pennsylvania. Cabot Oil & Gas said an ambulance was called shortly after midnight Monday to Rush Township in Susquehanna...

Police discover $855K embezzlement scheme in state agency

Apr. 14, 2021 13:40 PM EDT

LANSING, Mich (AP) — A former state employee was charged with embezzlement after investigators discovered that he stole more than $855,000 paid by well owners who needed permits, the Michigan attorney general's office said Wednesday. The figure likely reached $1.5...