Oil and gas industry

In this Dec. 5, 2019, photo, President Donald Trump speaks at a luncheon with members of the United Nations Security Council in the Cabinet Room at the White House in Washington. (AP Photo/Andrew Harnik)
December 07, 2019 - 8:24 am
WASHINGTON (AP) — When certain associates and acquaintances of President Donald Trump get into hot water, he forgets he ever knew them. Various figures from the Russia investigation and the Ukraine matter as well as a British prince have fallen out of familiarity with the president in this way. For...
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Prince Abdulaziz bin Salman Al-Saud, center, Minister of Energy of Saudi Arabia looks prior to the start of a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Thursday, Dec. 5, 2019. (AP Photo/Ronald Zak)
December 06, 2019 - 7:46 am
The OPEC oil-producing countries and ally Russia said Friday they have agreed to cut crude production, prompting a surge in global crude prices that they hope to sustain into next year. The group decided to cut output by an extra 500,000 barrels a day as they try to support the price of energy and...
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A man checks stock prices through his smartphone at a brokerage house in Beijing, Friday, Dec. 6, 2019. Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. (AP Photo/Andy Wong)
December 06, 2019 - 5:04 am
BANGKOK (AP) — Global shares rose Friday as investors awaited what's expected to be a healthy U.S. jobs report, while monitoring the China-U.S. trade talks as more tariffs are due to go into effect this month. One sign that talks between the world's two biggest economies could be thawing came...
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The advertising label of the Organization of the Petroleum Exporting Countries, OPEC, shines at their headquarters in Vienna, Austria, Austria, Thursday, Dec. 5, 2019. The countries that make up the OPEC oil-producing cartel are meeting Thursday to decide whether to cut production in order to support the price of fuel and energy around the world.(AP Photo/Ronald Zak)
December 05, 2019 - 2:59 pm
VIENNA (AP) — The countries that make up the OPEC oil-producing cartel ended talks late Thursday without an announcement on possible deep cuts to production that would support the price of fuel around the world. An OPEC spokesman told waiting journalists at 10 p.m. (2100 GMT) that an expected news...
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FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 05, 2019 - 1:07 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. The company said it will sell its shares at 32 riyals ($8...
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December 05, 2019 - 5:24 am
JOHANNESBURG (AP) — Pirates boarded a Greek-owned oil tanker off Nigeria and kidnapped 19 Indian and Turkish crew members in what have become the world’s most dangerous waters for such attacks. A statement Wednesday by the owner and Hong Kong-based managers said the Nave Constellation ship was...
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Thick smoke fills the sky above the TPC Group Port Neches Operations as emergency response crews try to contain the fire that continued to burn throughout the morning following an overnight explosion on Wednesday, Nov. 27, 2019, in Port Neches, Texas. Three workers were injured early Wednesday in a massive explosion at the Texas chemical plant that also blew out the windows and doors of nearby homes. (Kim Brent/The Beaumont Enterprise via AP)
December 05, 2019 - 4:43 am
PORT NECHES, Texas (AP) — Concerns over air quality have prompted a voluntary evacuation order that was in effect Thursday for a Texas Gulf Coast city where a pair of chemical plant explosions occurred last week. Port Neches issued the voluntary order for its 50,000 residents late Wednesday after...
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December 05, 2019 - 2:36 am
NICOSIA, Cyprus (AP) — The president of Cyprus says authorities are launching legal action at the International Court of Justice in the Hague against Turkey’s exploratory gas drilling inside Cypriot waters. President Nicos Anastasiades said Thursday this is part of his government’s pledge to use “...
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FILE - In this June 13, 2014, file photo, Naftogaz chief executive officer Andriy Kobolyev speaks during a news conference in Kyiv, Ukraine. Federal prosecutors have interviewed the head of Ukraine’s state-owned gas company as part of an ongoing probe into the business dealings of Rudy Giuliani and two of his Soviet-born business associates. (AP Photo/Sergei Chuzavkov, File)
December 04, 2019 - 1:17 pm
WASHINGTON (AP) — Federal prosecutors have interviewed the head of Ukraine’s state-owned gas company as part of an investigation into the business dealings of President Donald Trump’s personal lawyer Rudy Giuliani and two of Giuliani’s business associates. Andriy Kobolyev met voluntarily with...
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FILE - In this March 8, 2018, file photo wetlands are seen beyond the Shell Norco refinery in Norco, La. The world may be heading into an oversupply of oil, and that possibility is hanging over members of the OPEC cartel, which will meet later this week to decide whether to further cut production to boost prices. (AP Photo/Gerald Herbert, File)
December 04, 2019 - 12:03 pm
The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down fuel and energy prices — is hanging over members of the OPEC cartel as they head into negotiations Thursday. The oil-producing nations will decide whether to stick with production cuts they...
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