Latest Oil and gas industry News

Ukraine: Troubled, unwitting star of Trump impeachment drama

Nov. 22, 2019 10:08 AM EST

KYIV, Ukraine (AP) — Ukraine seems destined to be tangled up in other people’s problems. With four EU countries on one side and Russia on the other, this Texas-sized nation has been trapped in a tug-of-war between the Kremlin and the U.S.-led West ever since the 1991 collapse of the Soviet Union led...

Pennsylvania to fund research into fracking health dangers

Nov. 22, 2019 9:19 AM EST

Pennsylvania Gov. Tom Wolf said Friday his administration will spend $3 million on a pair of studies to explore the potential health effects of the natural gas industry, taking action after months of impassioned pleas by the families of pediatric cancer patients who live in the most heavily drilled region of the...

ConocoPhillips seeking sales of Alaska assets

Nov. 22, 2019 9:12 AM EST

ANCHORAGE, Alaska (AP) — ConocoPhillips hopes to sell parts of its Alaska projects to offset risks and share the expenses of investments planned in the state, company officials said. The sale package includes old, new and unbuilt projects representing most of Conoco’s Alaska holdings,...

World shares advance on upbeat comments on US-China trade

Nov. 22, 2019 6:27 AM EST

BEIJING (AP) — World stocks rose Friday as upbeat comments by Chinese President Xi Jinping helped quell anxiety over the state of trade talks with the U.S. Britain’s FTSE 100 rose 1% to 7,311, while the CAC 40 in France gained 0.3% to 5,897. Germany’s DAX picked up 0.1% to 13,146. Wall Street...

US calls for Iran crackdown videos, internet slowly returns

Nov. 22, 2019 3:43 AM EST

DUBAI, United Arab Emirates (AP) — Iranian authorities slowly eased up their sweeping blockage of internet access on Friday, as U.S. Secretary of State Mike Pompeo called for Iranians to send the U.S. videos “documenting the regime’s crackdown” on protesters. “The U.S. will...

Gas pipeline protesters sit-in in Oregon governor’s office

Nov. 22, 2019 12:47 AM EST

SALEM, Ore. (AP) — Demonstrators opposed to a liquefied natural gas pipeline and a marine export terminal in Oregon flooded into the Oregon State Capitol on Thursday and staged a sit-in at the governor’s office before police moved in to arrest them. The hundreds of protesters demanded Gov. Kate...

Asian shares mostly higher despite US-China trade anxiety

Nov. 21, 2019 11:22 PM EST

BEIJING (AP) — Stocks logged modest gains Friday in Asia after a lackluster overnight session on Wall Street ended with the market’s third straight drop. Reports suggesting Chinese Vice Premier Liu He, Beijing’s lead trade negotiator, has invited U.S. officials to China for talks helped...

Colorado approves new flowline rules after fatal blast

Nov. 21, 2019 9:59 PM EST

GREELEY, Colo. (AP) — Colorado regulators on Thursday approved a set of safety measures designed to increase citizen protections in areas surrounding thousands of miles of underground oil and gas pipelines in the state. The rules provide public access to a more detailed and accurate state map of locations...

The Latest: Colorado OKs pipeline rules after fatal blast

Nov. 21, 2019 8:42 PM EST

GREELEY, Colo. (AP) — The Latest on pipeline safety rules being considered by Colorado regulators (all times local): 6:45 p.m. Colorado regulators have approved a set of safety measures designed to increase protections surrounding thousands of miles of underground oil and gas pipelines in the state. The...

US agency to consider expanded drilling in Alaska reserve

Nov. 21, 2019 6:20 PM EST

ANCHORAGE, Alaska (AP) — The Trump administration will consider a new management plan and expanded oil drilling for the National Petroleum Reserve-Alaska, an Indiana-size area that former Interior Secretary Ken Salazar characterized as an “iconic place on our Earth.” The Bureau of Land...