Oil and gas industry

A woman walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Dec. 2, 2020. Asian markets are mixed after the U.S. benchmark S&P 500 set another record. (AP Photo/Koji Sasahara)
December 01, 2020 - 7:44 pm
Asian shares advanced Wednesday after Wall Street kicked off December with more milestones, as a broad rally pushed the S&P 500 and Nasdaq composite to new highs. Australia reported its economy expanded 3.3% in the July-September quarter as the country recovered from pandemic lockdowns. That...
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FILE - In this Dec. 19, 2019 file photo, the advertising label of the Organization of the Petroleum Exporting Countries, OPEC, shines at their headquarters in Vienna, Austria. Leaders of the OPEC cartel are meeting virtually to decide how much oil their countries should produce as the coronavirus stifles demand for fuel. They’re expected to extend production cuts into the new year in an effort to boost prices. (AP Photo/Ronald Zak, File)
December 01, 2020 - 6:29 am
FRANKFURT, Germany (AP) — The OPEC oil producers' cartel was to push ahead with a new round of discussions Tuesday about how much to pump next year as countries wrestled over whether to extend the production cuts that have been supporting prices depressed by the pandemic. Members adjourned a...
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Demonstrators hold a banner reading "standing by and watching is no longer an option" outside the court building prior to the start of the court case of Milieudefensie, the Dutch arm of the Friends of the Earth environmental organization, against Shell in The Hague, Netherlands, Tuesday, Dec. 1, 2020. A landmark legal battle opened as climate change activists in the Netherlands go to court seeking an order for energy giant Shell to rein in its carbon emissions. (AP Photo/Peter Dejong)
December 01, 2020 - 4:59 am
THE HAGUE, Netherlands (AP) — A group of environmental organizations backed by thousands of Dutch citizens launched a civil case Tuesday against the energy giant Shell, asking a court to order the multinational to commit to reining in its carbon emissions 45% by the year 2030. Lawyer Roger Cox told...
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FILE - In this June 29, 2018, file photo, pipeline used to carry crude oil is shown at the Superior, Wis., terminal of Enbridge Energy. A significant permit has been granted to Enbridge's plan to replace its aging Line 3 oil pipeline across northern Minnesota. (AP Photo/Jim Mone, File)
November 30, 2020 - 10:37 am
MINNEAPOLIS (AP) — Minnesota regulators approved the final permit Monday for Enbridge Energy’s Line 3 crude oil pipeline replacement across northern Minnesota, giving the company the green light to begin construction on the $2.6 billion project. The Minnesota Pollution Control Agency granted a...
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FILE - In this Dec. 19, 2019 file photo, the advertising label of the Organization of the Petroleum Exporting Countries, OPEC, shines at their headquarters in Vienna, Austria. Leaders of the OPEC cartel are meeting virtually to decide how much oil their countries should produce as the coronavirus stifles demand for fuel. They’re expected to extend production cuts into the new year in an effort to boost prices. (AP Photo/Ronald Zak, File)
November 30, 2020 - 10:21 am
FRANKFURT, Germany (AP) — Leaders of the OPEC oil cartel adjourned their virtual meeting Monday on future production as no agreement was announced on whether to extend output cuts into next year. The OPEC nations, led by Saudi Arabia, will reconvene Tuesday, according to a short statement from the...
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FILE - In this Wednesday, Nov. 28, 2018 file photo, clouds of smoke over Europe's largest lignite power plant in Belchatow, central Poland. Greenhouse gas emissions in the European Union have been reduced by 24% compared to 1990 levels, according to the bloc’s annual climate report. Still, the EU said Monday, Nov. 30, 2020 it need to intensify efforts to make its target of making Europe the first climate neutral continent by mid-century. (AP Photo/Czarek Sokolowski, file)
November 30, 2020 - 8:45 am
BRUSSELS (AP) — Greenhouse gas emissions in the European Union have been reduced by 24% compared to 1990 levels, according to the bloc's annual climate report, but the EU said Monday it still needs to intensify efforts to keep to its target of making Europe the first climate-neutral continent by...
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FILE - In this Sept. 27, 2020 file photo, Turkey's research vessel Oruc Reis is anchored off the coast of Antalya on the Mediterranean Sea in Turkey. In a tweet Monday, Nov. 30, 2020, Turkey’s energy ministry said the Oruc Reis had returned to port in Antalya after completing two-dimensional seismic research in the Demre field. (AP Photo/Burhan Ozbilici, File)
November 30, 2020 - 8:30 am
ISTANBUL (AP) — The Turkish research vessel at the heart of a Mediterranean Sea energy dispute between Turkey and Greece is back in port in an apparent bid to ease tensions ahead of a European Union summit where potential sanctions against Ankara will be discussed. In a tweet Monday, Turkey’s...
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FILE - This undated file photo posted on Twitter on June 18, 2020 by Venezuela's Foreign Minister Jorge Arreaza, shows CITGO oil executives Jose Angel Pereira, from left to right, Gustavo Cardenas, Jorge Toledo, Jose Luis Zambrano, Tomeu Vadell and Alirio Jose Zambrano, standing outside the Bolivarian National Intelligence Service, in Caracas, Venezuela. Vadell says in a letter from prison provided to The Associated Press on Tuesday, Nov. 24, 2020, that it’s especially painful to be separated during the Thanksgiving season from from his wife, three adult children and a newborn grandson he’s never held. It’s the first time Vadell or the other five jailed executives of Houston-based Citgo have spoken publicly since being arrested and charged with a massive corruption scheme. (Posted on Twitter by Jorge Arreaza/Venezuela's Foreign Ministry via AP File)
November 27, 2020 - 11:56 am
CARACAS, Venezuela (AP) — The family of a Houston-based Cito oil executive convicted and ordered to prison in Venezuela alongside five others appealed directly to President Nicolás Maduro on Friday for mercy. In an open letter, relatives of José Pereira, 63, wrote to Maduro that he has a long list...
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FILE - In this Sept. 18, 2019, file photo, California Air Resources Board Chair Mary Nichols, with California Gov. Gavin Newsom at left, discusses the Trump administration's pledge to revoke California's authority to set vehicle emissions standards that are different than the federal standards, during a news conference in Sacramento, Calif. Nichols' term leading the state ARB ends in December 2020. She's held the role since 2007 after an earlier stint as chair in the early 1980s. (AP Photo/Rich Pedroncelli, File)
November 26, 2020 - 9:49 pm
SACRAMENTO, Calif. (AP) — Over four decades, Mary Nichols has been the regulator behind some of the nation’s most ambitious climate policies and, in recent years, she’s been their staunchest defender against President Donald Trump's effort to dismantle them. With Joe Biden heading to the White...
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Jesus Loreto, an attorney representing Tomeu Vadell, one of six U.S. oil executives jailed for three years in Venezuela, shows a letter written by Vadell, in Caracas, Venezuela, Wednesday, Nov. 25, 2020. In the letter provided exclusively to The Associated Press on Tuesday, Nov. 24, 2020, Vadell pleads for freedom, reflects on his past and shares the pain he feels over being separated from his wife, three adult children and a newborn grandson he's never held. (AP Photo/Ariana Cubillos)
November 26, 2020 - 7:35 pm
CARACAS, Venezuela (AP) — Six American oil executives held for three years in Venezuela were found guilty of corruption charges by a judge Thursday and immediately sentenced to prison, dashing hopes of a quick release that would send them home to their families in the United States. Some relatives...
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