Energy industry

FILE - In this Aug. 27, 2018 file photo, Russian President Vladimir Putin, left, listens to Russian Rosneft CEO Igor Sechin during his flight to visit Chernigovets coal mine, in Beryozovsky, Kemerovo region, Russia. On Tuesday, Feb. 18, 2020, the Treasury Department slapped sanctions on Rosneft’s trading arm and its CEO, accusing the Geneva-based firm of providing a critical lifeline to Venezuela’s President Nicolas Maduro. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP, File)
March 28, 2020 - 1:24 pm
MOSCOW (AP) — Russia's Rosneft has transferred its assets in Venezuela to a company fully owned by Vladimir Putin's government, a move apparently intended to shield Russia's largest oil producer from U.S. sanctions while Moscow continues showing support for Venezuelan President Nicolas Maduro in...
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A man wearing a face mask as a precaution amid the spread of the new coronavirus passes a mural that in Spanish reads " No more Trump" in Caracas, Venezuela, Friday, March 27, 2020. The U.S. Justice Department has charged in several indictments against Maduro and his inner circle, made public on Thursday, that the leader has effectively converted Venezuela into a criminal enterprise at the service of drug traffickers and terrorist groups as he and his allies stole billions from the South American country. (AP Photo/Ariana Cubillos)
March 27, 2020 - 2:29 pm
CARACAS, Venezuela (AP) — The Trump administration has indicted Venezuela’s President Nicolás Maduro and more than a dozen members of his inner circle, stepping up measures to drive the socialist leader from power. U.S. prosecutors announced the charges Thursday, accusing Maduro of narcoterrorism...
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FILE - In this Wednesday, March 25, 2020 file photo, American Airlines jets sit idly at their gates as a jet arrives at Sky Harbor International Airport in Phoenix. The Trump administration is raising the possibility of the U.S. government getting ownership stakes in U.S. airlines in exchange for $25 billion in direct grants to help the carriers survive a downturn caused by the coronavirus pandemic, according to people familiar with the matter, Thursday, March 26, 2020. (AP Photo/Matt York, File)
March 27, 2020 - 11:20 am
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus. ____ UNDER REVIEW: This week, the U.S. reported that a staggering 3.3 million Americans...
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FILE - In this March 12, 2020, file photo, Venezuelan President Nicolas Maduro speaks at a press conference at the Miraflores Presidential Palace in Caracas, Venezuela. The Trump administration will announce Thursday, March 26, 2020, indictments against Maduro and members of his inner circle for effectively converting Venezuela's state into a criminal enterprise at the service of drug traffickers and terrorist groups, according to multiple people familiar with the situation. (AP Photo/Matias Delacroix, File)
March 26, 2020 - 9:06 pm
MIAMI (AP) — Venezuelan President Nicolás Maduro stood defiant in the face of a $15 million bounty by the U.S. to face drug trafficking charges, calling Donald Trump a “racist cowboy” and warning that he is ready to fight by whatever means necessary should the U.S. and neighboring Colombia dare to...
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A woman looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, March 27, 2020. Shares are mostly higher in Asia after stocks surged again on Wall Street with the approaching approval of a massive coronavirus relief bill by Congress.(AP Photo/Eugene Hoshiko)
March 26, 2020 - 8:38 pm
BANGKOK (AP) — Shares advanced on Friday in Asia after Wall Street logged a third straight day of gains with the approaching congressional approval of a massive coronavirus relief bill. Tokyo and Seoul jumped 1.2% and Shanghai added 0.6%, while stocks fell in Australia. Wall Street appeared to...
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FILE - In this May 24, 2018 file photo, Venezuela's President Nicolas Maduro, right, walks with his Defense Minister Vladimir Padrino Lopez as they review the troops during a military parade at Fort Tiuna in Caracas, Venezuela. On Thursday, March 26, 2020, the U.S. Justice Department made public it has charged in several indictments against Maduro and his inner circle, including Padrino, that the leader has effectively converted Venezuela into a criminal enterprise at the service of drug traffickers and terrorist groups as he and his allies stole billions from the South American country. (AP Photo/Ariana Cubillos, File)
March 26, 2020 - 6:41 pm
MIAMI (AP) — Nicolás Maduro effectively converted Venezuela into a criminal enterprise at the service of drug traffickers and terrorist groups as he and his allies stole billions from the South American country, the Justice Department charged in several indictments made public Thursday against the...
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FILE— In this Jan. 28, 2014 file photo a jar of ethanol fuel sits on display during the Iowa Renewable Fuels Association meeting in Altoona, Iowa. As hospitals and nursing homes run out of hand sanitizer to fight off the coronavirus, struggling ethanol producers are eager to help. They could provide alcohol to make millions of gallons of the germ-killing sanitizer, but the U.S. Food and Drug Administration has put up a roadblock, frustrating both the health care and ethanol industries with its inflexible regulations during a national health care crisis. (AP Photo/Charlie Neibergall, file)
March 26, 2020 - 3:36 pm
DES MOINES, Iowa (AP) — As hospitals and nursing homes desperately search for hand sanitizer amid the coronavirus outbreak, federal regulators are preventing ethanol producers from providing millions of gallons of alcohol that could be transformed into the germ-killing mixture. The U.S. Food and...
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March 26, 2020 - 12:34 pm
EL PASO, Texas (AP) — A series of five earthquakes centered near the same remote area of West Texas rattled the region on Thursday. The temblors registered between 3.0 and 5.0 Thursday starting around 4 a.m., according to the U.S. Geological Survey. The epicenter was about 25 miles (40 kilometers)...
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FILE - This photo provided by the New York Stock Exchange shows the unoccupied NYSE trading floor, closed temporarily for the first time in 228 years as a result of coronavirus concerns, Tuesday March 24, 2020. Global stocks and U.S. futures declined Thursday after the U.S. Senate approved a proposed $2.2 trillion virus aid package following a delay over its details and sent the measure to the House of Representatives. (Kearney Ferguson/NYSE via AP, File)
March 26, 2020 - 5:44 am
NEW YORK (AP) — The Latest on the action in the financial markets (all times local): 8:35 a.m. U.S. stock futures are rebounding after the U.S. government said nearly 3.3 million people filed for unemployment benefits last week, a dramatic indication of the impact of the coronavirus outbreak on the...
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Senate Majority Leader Mitch McConnell of Ky. gives a thumbs up as he leaves the Senate chamber on Capitol Hill in Washington, Wednesday, March 25, 2020, where a deal has been reached on a coronavirus bill. The 2 trillion dollar stimulus bill is expected to be voted on in the Senate Wednesday. (AP Photo/Andrew Harnik)
March 25, 2020 - 12:32 pm
The White House and Senate leaders agreed early Wednesday on a $2 trillion economic rescue package, the largest in the country's history. The bill comes in response to the viral pandemic that has shut down businesses and crippled economies around the globe. It would give direct payments to most...
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