Latest Oil and gas refining News

UAE, Indonesia reach multi-billion dollar investment deals

Jan. 13, 2020 11:03 AM EST

JAKARTA, Indonesia (AP) — Indonesia and the United Arab Emirates affirmed deeper economic ties during a visit by Indonesian President Joko Widodo in which he sought billions of dollars to finance his country's infrastructure and energy projects. After meeting Sunday at Abu Dhabi's Qasr Al Watan palace,...

FILE - In this Wednesday, Dec. 11, 2019, file photo, a Boeing 737 Max being built for Norwegian Air International taxis for a test flight, at Renton Municipal Airport in Renton, Wash. Newly released Boeing documents show that company employees knew about problems with flight simulators for the now-grounded 737 Max jetliner and talked about misleading regulators. (AP Photo/Ted S. Warren, File)

Boeing papers show employees slid 737 Max problems past FAA

Jan. 10, 2020 6:34 PM EST

Lawmakers on Capitol Hill lashed out at Boeing on Friday after the release of a batch of emails and text messages in which company employees questioned the safety of the now-grounded 737 Max, called the aircraft a “joke” and talked about how they concealed problems from regulators. In the messages,...

FILE - In this June 11, 2014, file photo, visitors hike to a stone lookout over the Little Missouri River inside the Theodore Roosevelt National Park, located in the Badlands of North Dakota. Anemic funding, alleged unpaid work and legal fights are hobbling developers of a proposed $800 million oil refinery near the park in western North Dakota. But the project manager for Meridian Energy Group's Davis Refinery, which has drawn criticism from environmental groups and others who worry it would add to pollution near the national park, insists it will be built. (AP Photo/Charles Rex Arbogast, File)

Planned refinery by national park hurt by funding, lawsuits

Jan. 10, 2020 1:59 PM EST

BISMARCK, N.D. (AP) — Anemic funding, alleged unpaid work and legal fights are hobbling developers of a proposed $800 million oil refinery near Theodore Roosevelt National Park in western North Dakota. But the project manager for Meridian Energy Group’s Davis Refinery — which has drawn...

Workers on strike at the Fos-sur-Mer ESSO refinery gather at the refinery entrance in Marseille southern France, Tuesday, Jan. 7, 2020, as refinery workers nationwide have pledged that no product will leave their facilities during their four day strike.  French President Emmanuel Macron says he wants to reach a

No end in sight for hobbling French rail strikes after talks

Jan. 7, 2020 1:26 PM EST

PARIS (AP) — The French government and unions appeared still far apart after talks resumed Tuesday over fiercely contested pension reform proposals that have triggeredrecord-settingstrikes on the country's train network. On another day of walkouts that caused more misery for Paris commuters, the strikes...

NASA contractor settles whistleblower complaint for $375,000

Jan. 6, 2020 5:45 PM EST

ORLANDO, Fla. (AP) — A NASA contractor on Monday agreed to pay $375,000 in order to settle a whistleblower complaint that accused the company of falsely certifying that ground support equipment for a rocket launch system followed the space agency's requirements. The U.S. Attorney's Office in Orlando said...

FILE- In this Wednesday, June 8, 2011 file photo, sun sets behind an oil pump in the desert oil fields of Sakhir, Bahrain. The global benchmark for crude oil rose above $70 a barrel on Monday, Jan. 6, 2020 for the first time in over three months, with jitters rising over the escalating military tensions between Iran and the United States. (AP Photo/Hasan Jamali, File)

Oil price keeps rising as industry eyes Iran-US conflict

Jan. 6, 2020 2:51 PM EST

PROVIDENCE, Rhode Island (AP) — The global benchmark for crude oil rose above $70 a barrel on Monday for the first time in over three months, with jitters rising over the escalating military tensions between Iran and the United States. The Brent contract for oil touched a high of $70.74 a barrel, the...

FILE - In this file photo taken on Tuesday, Jan. 9, 2006, Oil-refining plant located in Belarus's town of Mozyr, some 300 km south-east of Minsk, Belarus. Russia has halted oil supplies to Belarus Friday Jan. 3, 2020, after the two countries failed to renegotiate a contract amid talks of further improving their economic ties. (AP Photo /Sergei Grits, File)

Russia resumes limited oil supplies to Belarus amid talks

Jan. 4, 2020 11:07 AM EST

MINSK, Belarus (AP) — Belarus has reached an agreement with Russia for limited oil supplies after Moscow earlier this week stopped supplying crude amid stalled talks on strengthening economic ties between the neighboring countries. Belarusian state-run oil company Belneftekhim said Saturday that the...

FILE - In this file photo dated 1990, Aramco refinery at Ras Tannura, Saudi Arabia. The price of oil surged Friday Jan. 3, 2020, as global investors were gripped with uncertainty over the potential repercussions and any retaliation, after the United States killed Iran's top general Qassem Soleimani.(AP Photo/FILE)

Deadly attack by US on Iranian general rattles energy market

Jan. 3, 2020 12:48 PM EST

LONDON (AP) — Crude prices on Friday had the largest one-day spike since a September attack on the world's largest oil processing facility in Saudi Arabia after the U.S. killed Iran's top general in a drone strike. If sustained, the rise in oil prices could push the cost of gasoline, heating fuel and...

USDA OKs hemp plans for Louisiana, Ohio, New Jersey

Dec. 27, 2019 4:56 PM EST

The U.S. Department of Agriculture has approved industrial hemp licensing plans for Louisiana,Ohio and New Jersey, the department announced Friday. The states are the first to get such approval, though 34 other states have hemp research or pilot projects under a 2014 law. “This is exciting," said Eric...

French union members and workers demonstrate after 22 days on a strike against pension reform plans, in Paris, Thursday, Dec. 26, 2019. France's punishing transportation troubles may ease up slightly over Christmas, but unions plan renewed strikes and protests in January to resist government plans to raise the retirement age to 64. (AP Photo/Thibault Camus)

French oil refineries blocked as pension strike hits day 23

Dec. 27, 2019 8:18 AM EST

PARIS (AP) — French union activists disrupted two of the country's eight oil refineries Friday as part of nationwide strikes against a higher retirement age that have lasted for 23 days, the longest such walkout in France in decades. The current action, at more than three weeks, is now longer than a 1995...