Latest Oil and gas industry News

Environmental groups wants closer look at glamping resort

Jan. 17, 2021 10:10 AM EST

BOZEMAN, Mont. (AP) — Eight environmental groups have submitted a petition to the Gallatin County Planning Board and Director requesting a more robust evaluation of a controversial development in Montana's Gallatin Gateway. The groups are asking the board and director to formally determine whether the...

FILE - In this Aug. 26, 2020 file photo, released by the official website of the office of the Iranian Presidency, President Hassan Rouhani, right, welcomes Director General of International Atomic Energy Agency, IAEA, Rafael Mariano Grossi for their meeting in Tehran, Iran. Iran urged the United Nations' nuclear watchdog to avoid publishing “unnecessary” details on Tehran’s nuclear program, state TV reported Sunday, Jan. 17, 2021, a day after Germany, France and Britain said Tehran has “no credible civilian use” for its development of uranium metal. (Iranian Presidency Office via AP, File)

Iran asks watchdog not to publish 'unnecessary' nuke details

Jan. 17, 2021 10:07 AM EST

TEHRAN, Iran (AP) — Iran urged the United Nations' nuclear watchdog to avoid publishing “unnecessary” details on Tehran’s nuclear program, state TV reported Sunday, a day after Germany, France and Britain said Tehran has “no credible civilian use” for its development of...

Gas prices rise to pre-pandemic levels in NJ, around nation

Jan. 16, 2021 10:14 AM EST

TRENTON, N.J. (AP) — Gas prices have increased to pre-pandemic levels in New Jersey and around the nation, analysts say. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.52, up eight cents from a week ago. Drivers were paying an average of $2.63 a gallon a...

National Assembly President Jorge Rodriguez gives an interview at Congress in Caracas, Venezuela, Friday, Jan. 15, 2021. Rodriguez said he’s hopeful the Biden administration will roll back a “cruel” sanctions policy and instead give room for diplomacy that could lead to the reopening of the U.S. Embassy and the release of several jailed American citizens. (AP Photo/Matias Delacroix)

AP EXCLUSIVE: Maduro ally presses for dialogue with Biden

Jan. 16, 2021 12:07 AM EST

CARACAS, Venezuela (AP) — A close ally of Venezuelan President Nicolás Maduro said Friday he’s hopeful the Biden administration will roll back a “cruel” sanctions policy and instead give room for diplomacy that could lead to the reopening of the U.S. Embassy and the release of...

National Assembly President Jorge Rodriguez gives an interview at Congress in Caracas, Venezuela, Friday, Jan. 15, 2021. Rodriguez said he’s hopeful the Biden administration will roll back a “cruel” sanctions policy and instead give room for diplomacy that could lead to the reopening of the U.S. Embassy and the release of several jailed American citizens. (AP Photo/Matias Delacroix)

AP EXCLUSIVE: Maduro ally presses for dialogue with Biden

Jan. 15, 2021 9:29 PM EST

CARACAS, Venezuela (AP) — A close ally of Venezuelan President Nicolás Maduro said Friday he’s hopeful the Biden administration will roll back a “cruel” sanctions policy and instead give room for diplomacy that could lead to the reopening of the U.S. Embassy and the release of...

FILE - In this Nov. 23, 2020 file photo, stone sculptures adorn the New York Stock Exchange.  Stocks are pulling lower again on Friday, Jan. 15, 2021,  after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline.   (AP Photo/Seth Wenig, File)

Stocks fall as economic pain deepens, rally runs out of gas

Jan. 15, 2021 4:27 PM EST

NEW YORK (AP) — Wall Street closed out its first losing week in three with another drop on Friday after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline. The S&P 500 fell 27.29, or 0.7%, to 3,768.25, with stocks of companies that...

FILE - In this Nov. 5, 2020 file photo, a Target employee places a curbside pickup purchase into the trunk of a customer in Jackson, Miss. The nation’s largest retail trade group says Friday, Jan. 15, 2021,  that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores.  (AP Photo/Rogelio V. Solis, File)

Retail group: holiday sales up 8.3% amid big spending shift

Jan. 15, 2021 3:07 PM EST

NEW YORK (AP) — The nation’s largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores. The National Retail Federation had expected growth in a range of 3.6% to 5.2% for the November and December...

FILE - In this Jan. 6, 2021, file photo, Trump supporters try to break through a police barrier at the Capitol in Washington. There is increasing concern for the safety of journalists covering protests at state capitals across the U.S., and in Washington. Packing a gas mask and helmet has become the new normal. It's starting to look, just a bit, like what foreign correspondents face in the world's conflict zones. (AP Photo/John Minchillo, File)

Ex-foreign correspondent reflects on risks for US reporters

Jan. 15, 2021 2:13 PM EST

SALEM, Ore. (AP) — In the summer of 2000, I was among a group of foreign correspondents, photographers and video journalists who went to England to attend a hostile environment-first aid training course. The trainers, all former Royal Marine commandos, taught us how to gingerly probe our way out of a...

Oil giant Total withdraws from US energy lobbying group

Jan. 15, 2021 1:57 PM EST

PARIS (AP) — French oil and gas company Total said it has decided to withdraw from energy association American Petroleum Institute because it disagrees on climate-related policies. Total said in a statement Friday it would not renew its membership for 2021 following an analysis of API's position on climate...

FILE - In this July 9, 2018, file photo, an advertisement for Xiaomi is displayed at a subway station in Hong Kong. The U.S. government has blacklisted Chinese smartphone maker Xiaomi Corp. and China’s third-largest national oil company for alleged military links, heaping pressure on Beijing in President Donald Trump’s last week in office. The Department of Defense added nine companies to its list of Chinese companies with military links, including Xiaomi and state-owned plane manufacturer Commercial Aircraft Corp. of China (Comac). (AP Photo/Vincent Yu, File)

US blacklists Xiaomi, CNOOC, Skyrizon, raising heat on China

Jan. 15, 2021 12:38 PM EST

HONG KONG (AP) — The U.S. government has blacklisted Chinese smartphone maker Xiaomi Corp. and China’s third-largest national oil company for alleged military links, heaping pressure on Beijing in President Donald Trump’s last week in office. The Department of Defense added nine companies to...