Latest Oil and gas industry News

Patrick defends corporations and capitalism in primary bid

Nov. 19, 2019 12:39 AM EST

DES MOINES, Iowa (AP) — Democratic presidential candidate Deval Patrick is centering his fledgling campaign on a defense of corporations and capitalism that puts him directly at odds with some of the party’s most progressive figures. “There is a role in the economy for private equity. You bet...

Asian shares mixed amid caution on US-China trade talks

Nov. 18, 2019 10:30 PM EST

TOKYO (AP) — Asian shares are mixed as investors remain cautious over prospects for an agreement in trade talks between the United States and China. Japan’s benchmark Nikkei 225 edged 0.1% lower to 23,384.14. Australia’s S&P/ASX 200 added 0.4% to 6,745.60. South Korea’s Kospi...

Iran downplays, demonizes protests amid internet shutdown

Nov. 18, 2019 8:43 PM EST

DUBAI, United Arab Emirates (AP) — Iran on Monday alternatively downplayed and demonized ongoing protests across the country that have killed at least five people and renewed pressure on the government as the country struggles under the weight of U.S. economic sanctions. The full scale of the protests,...

Kansas distillery pleads guilty to Clean Air Act violation

Nov. 18, 2019 6:28 PM EST

TOPEKA, Kan. (AP) — A distillery could be fined up to $1 million for a chlorine gas cloud that lingered over a city in northeastern Kansas in 2016. Federal prosecutors say MGP Ingredients pleaded guilty Monday to negligently violating the federal Clean Air Act, a misdemeanor. In October 2016, a chlorine...

Pennsylvania families demand investigation into rare cancers

Nov. 18, 2019 5:17 PM EST

HARRISBURG, Pa. (AP) — The families of young people diagnosed with a rare childhood cancer confronted Democratic Gov. Tom Wolf on Monday over what they called his administration’s insufficient response to a health crisis they blame on pollution from the shale gas industry. Dozens of children and...

Coty and Medicines jump while HP and ConocoPhillips stumble

Nov. 18, 2019 4:30 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: HP Inc., down 17 cents to $20.01 The computer and printer maker rejected a roughly $33.5 billion takeover offer from Xerox. The Medicines Co., up $6.67 to $58.65 The pharmaceutical company reported encouraging results from a key...

Markets Right Now: Stocks end wobbly day slightly higher

Nov. 18, 2019 4:11 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks ended a wobbly day with tiny gains on Wall Street, enough to nudge major indexes to more record highs. The market started lower Monday as traders waited for clues about where trade talks between the U.S. and...

Land affected by Keystone pipeline leak bigger than thought

Nov. 18, 2019 2:31 PM EST

BISMARCK, N.D. (AP) — A crude oil spill from the Keystone pipeline in eastern North Dakota has turned out to have affected almost 10 times the amount of land as first reported, a state regulator said Monday. North Dakota environmental scientist Bill Suess said the leak reported on Oct. 29 is now estimated...

Anti-government protests cripple major Iraqi port, oil field

Nov. 18, 2019 1:56 PM EST

BAGHDAD (AP) — Anti-government demonstrations in southern Iraq blocked roads leading to the country’s main port and an oil field on Monday, while the Iraqi central bank reduced working hours because of the ongoing unrest, security officials said. Protesters burned tires, blocking the roads to the...

Belarus election results: An opposition-free parliament

Nov. 18, 2019 11:08 AM EST

MINSK, Belarus (AP) — Full preliminary results from parliamentary elections in Belarus show the chamber will have no members of the opposition to challenge strongman President Alexander Lukashenko. Results released by the national elections commission on Monday show all the parliament’s 110 seats...