Latest Oil and gas industry News
North Dakota oil production slips to No. 3 behind New Mexico
North Dakota regulators say the state has officially lost its status as the nation’s second-biggest oil producer to New Mexico. North Dakota produced just over 1 million barrels of oil per day in July, the most recent month for which data is available from the state Oil...
Gas prices tick up in NJ, increase around nation at large
TRENTON, N.J. (AP) — Gas prices ticked up again in New Jersey and also increased around the nation as a whole as Gulf Coast refineries remain shuttered following recent storms. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday...
Blackfeet continue work to defend Badger-Two Medicine
Heart Butte, Mont. (AP) — The fight to protect the Badger-Two Medicine defends not so much a place as a way of living. On a map, this jumble of mountains, rivers, hunting grounds and petroleum deposits is surrounded by the Blackfeet Indian Reservation, Glacier National...
Attack on gas pipeline in Syria causes brief power outage
DAMASCUS, Syria (AP) — An attack with explosive devices laid along a natural gas pipeline southeast of Syria's capital knocked out power in parts of the country before it was quickly restored, the electricity minister said Saturday. No one immediately claimed...
Biden, world leaders push climate action, vow methane cuts
WASHINGTON (AP) — President Joe Biden tried on Friday to hammer out the world's next steps against rapidly worsening climate change with a small group of other global leaders and announced a new U.S.-European pledge to cut climate-wrecking methane leaks. Ever-grimmer...
Stocks fall on Wall Street, giving up the week's gains
Wall Street capped an up-and-down week of trading Friday with a broad sell-off that wiped out the major indexes' gains for the week. The S&P 500 lost 0.9% and posted its second straight weekly loss. Roughly 80% of the stocks in the benchmark index fell. Technology and...
Protagonist, Schlumberger fall; Invesco, Thermo Fisher rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Invesco Ltd., up $1.36 to $26.25. The investment management company is reportedly in talks on a potential deal with State Street's asset-management business. ...
Enbridge ordered to pay $3M for Line 3 groundwater leak
ST. PAUL, Minn. (AP) — Minnesota regulators have ordered Enbridge to pay more than $3 million for allegedly violating state environmental law by piercing a groundwater aquifer during construction of the Line 3 oil pipeline replacement. The state Department of Natural...
Lebanon's incoming government restarts central bank audit
BEIRUT (AP) — Lebanon’s incoming finance minister signed a contract on Friday with a New York-based company to conduct a forensic audit of the country’s central bank, a key demand of the international community to restore confidence in the crisis-struck Mideast nation. ...
AP FACT CHECK: Biden's shaky claims on jobs, gasoline
WASHINGTON (AP) — Boasting that government policies can make a difference in improving the economy, President Joe Biden went too far Thursday in taking credit for job growth since taking office. He also made a dubious suggestion that wrongdoing is behind higher...
