Latest Oil and gas industry News

Bodies in submerged Missouri vehicle bring storm toll to 9

May. 24, 2019 11:27 PM EDT

OKLAHOMA CITY (AP) — The bodies of a man and a woman were discovered Friday in a submerged vehicle near the Mississippi River in Missouri, bringing the death toll to nine from storms that have ravaged the central U.S. this week and threaten major flooding through the holiday weekend. John Reinhardt, 20,...

Shell finds light oil reserves at mountain in Albania

May. 24, 2019 2:06 PM EDT

TIRANA, Albania (AP) — Shell Upstream Albania B.V. has confirmed "a significant light oil discovery" at a mountain south of the capital, Tirana. A statement Friday quoted Marc Gerrits, Shell's executive vice president in exploration, as saying that "initial tests have confirmed the potential of this...

Health warnings lifted on 2 Texas bays after accident, leak

May. 24, 2019 1:32 PM EDT

BAYPORT, Texas (AP) — Texas health officials have lifted some advisories that warned against eating seafood from parts of two Houston-area bays following a maritime accident and toxic spill this month. The Texas Department of State Health Services on Friday announced water testing results show contaminants...

Iran's foreign minister in Pakistan amid tensions with US

May. 24, 2019 1:31 PM EDT

ISLAMABAD (AP) — Iran's foreign minister lashed out at President Donald Trump on Friday during a critically timed visit to Pakistan amid a simmering crisis between Tehran and Washington and ahead of next week's emergency Arab League meeting called by Saudi Arabia over the region's tensions. The remarks by...

The Latest: Runaway barges cause 'minimal' damage to dam

May. 23, 2019 9:03 PM EDT

JEFFERSON CITY, Mo. (AP) — The Latest on severe weather moving across the central United States (all times local): 8 p.m. Army engineers say two runaway barges did "minimal" damage when they struck an Arkansas River dam. The barges, filled with 1,500 tons of fertilizer, swept down the flood-swollen river...

Maine company wants to turn cow poo into gas to heat homes

May. 23, 2019 4:38 PM EDT

CLINTON, Maine (AP) — A natural gas distribution company in Maine plans to get into the production side of things with a poop-to-gas renewable energy project to heat homes. Summit Utilities is partnering with Maine's dairy industry through construction of an anaerobic digester in Clinton to produce natural...

Senior German diplomat in Tehran for nuclear deal talks

May. 23, 2019 1:48 PM EDT

BERLIN (AP) — A senior German diplomat headed Thursday to Tehran to press Iran to continue to respect the landmark nuclear deal, despite the unilateral withdrawal of the U.S. and increasing pressure from Washington. Tensions have soared in the Mideast recently as the White House earlier this month sent an...

Mexico official says former Pemex chief was sanctioned

May. 23, 2019 12:03 PM EDT

MEXICO CITY (AP) — A former executive at Mexico's state-owned oil company who was sanctioned this week by the comptroller's office has been identified as Pemex's former director Emilio Lozoya by the head of the country's financial intelligence unit. Santiago Nieto, who investigates crimes for Mexico's...

Asian shares slip as US-China spat takes center stage

May. 22, 2019 11:36 PM EDT

SINGAPORE (AP) — Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. The Shanghai Composite index retreated 0.6% to 2,873.70 and Hong Kong's Hang Seng tumbled 1.2% to 27,376.69. The Kospi in South Korea was...

Supreme leader criticizes Iran's politicians amid US tension

May. 22, 2019 10:34 PM EDT

TEHRAN, Iran (AP) — Iran's supreme leader publicly chastised the country's moderate president and foreign minister Wednesday, saying he disagreed with the implementation of the 2015 nuclear deal they had negotiated with world powers. The extraordinary comments by Ayatollah Ali Khamenei, the first time he's...