Latest Oil and gas industry News

Asian stock markets higher after Wall St sinks further

May. 25, 2022 01:55 AM EDT

BEIJING (AP) — Asian stock markets gained Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand. Shanghai, Hong Kong and Seoul advanced while Tokyo declined. Oil prices rose more than $1 per barrel to stay above $110. ...

Iran building collapse kills 14 as mayor and others detained

May. 25, 2022 00:21 AM EDT

TEHRAN, Iran (AP) — Rescuers dug through debris Tuesday of a building collapse in southwestern Iran that killed at least 14 people, fearful that many more could still be trapped beneath the rubble as authorities arrested the city's mayor in a widening probe of the disaster. The...

Asian stock markets mixed after Wall St sinks further

May. 24, 2022 23:50 PM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand. Shanghai and Seoul advanced while Tokyo and Hong Kong declined. Oil prices rose more than $1 per barrel to stay above...

Editorial Roundup: Indiana

May. 24, 2022 16:21 PM EDT

Anderson Herald Bulletin. May 23, 2022. Editorial: Outbreak of Legionnaires’ may be costly to state Outbreaks of Legionnaires’ disease in prisons are occasionally downplayed by the officials in charge of penal institutions. Earlier this year, it was...

At Davos, Kerry cites progress on China-US climate group

May. 24, 2022 14:00 PM EDT

DAVOS, Switzerland (AP) — John Kerry, America's top official on climate change, said Tuesday that the U.S. and China were making progress on putting together a group from both countries to work toward quickly reducing greenhouse gas emissions. In an interview with The Associated...

Economy bigger priority than punishing Russia: AP-NORC poll

May. 24, 2022 13:10 PM EDT

WASHINGTON (AP) — Americans are becoming less supportive of punishing Russia for launching its invasion of Ukraine if it comes at the expense of the U.S. economy, a sign of rising anxiety over inflation and other challenges, according to a new poll. While broad support for U.S....

More turn to UK food banks as food and fuel bills soar

May. 24, 2022 08:20 AM EDT

LONDON (AP) — For many struggling families, older people and the homeless, Michelle Dornelly’s food hub in east London has been a lifeline. Since the COVID-19 pandemic hit Britain, she has been collecting surplus groceries from supermarkets and distributing them to people who can't afford to...

Egypt promises to allow protest, push pledges as COP27 host

May. 24, 2022 02:43 AM EDT

DAVOS, Switzerland (AP) — Egypt, host of the next United Nations summit on climate change, will push countries to make good on their pledges to sharply reduce greenhouse gas emissions, facilitate “non-adversarial” talks on compensation to developing countries for global warming impacts and...

Burn-proof edition of 'The Handmaid's Tale' up for auction

May. 24, 2022 00:04 AM EDT

NEW YORK (AP) — Margaret Atwood has imagined apocalyptic disaster, Dystopian government and an author faking her own death. But until recently she had spared herself the nightmare of trying to burn one of her own books. With a flamethrower, no less. She failed, and...

Asian shares mostly lower as inflation worries cloud outlook

May. 23, 2022 23:00 PM EDT

TOKYO (AP) — Asian shares were mostly lower on Tuesday as worries over inflation tempered optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports. Benchmarks fell in Tokyo, Seoul, Shanghai and Hong Kong but rose slightly in...