Oil and gas industry

FILE - In this Oct. 23, 2013, file photo of A.P. Moller-Maersk's oil rig in the North Sea named Halfdan. Denmark has decided to end to all oil and gas offshore activities in the North Sea by 2050 and has cancelled its latest licensing round, saying the country is "now putting an end to the fossil era.” The Danish Parliament voted late Thursday to end the offshore gas and oil extraction that started in 1972 and has made it the largest producer in the European Union. (Claus Bonnerup/Polfoto via AP,file)
December 04, 2020 - 5:50 am
COPENHAGEN, Denmark (AP) — Denmark has decided to end all oil and gas activities in the North Sea by 2050 and has cancelled its latest licensing round, saying the country is "now putting an end to the fossil fuel era.” The Danish Parliament voted late Thursday to end offshore gas and oil extraction...
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In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the trading floor, Thursday Dec. 3, 2020. U.S. stocks are inching further into record heights Thursday, as Wall Street continues to coast following its rocket ride last month powered by hopes for coming COVID-19 vaccines. (Nicole Pereira/New York Stock Exchange via AP)
December 03, 2020 - 7:22 pm
BEIJING (AP) — Asian stock markets followed Wall Street lower Friday after Pfizer Inc. cut the number of doses of a planned coronavirus vaccine it might ship this year. Benchmarks in Shanghai, Tokyo and Hong Kong, which are the bulk of the region's market value, retreated while Sydney advanced...
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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. OPEC and allied countries including Russia agreed Thursday, Dec. 3, 2020 to increase oil production by 500,000 barrels a day from January and said they would meet monthly to decide further output levels, gingerly adding more crude to a global economy still suffering from the COVID-19 pandemic. (AP Photo/Ronald Zak, File)
December 03, 2020 - 12:38 pm
FRANKFURT, Germany (AP) — OPEC and allied countries including Russia agreed Thursday to increase oil production by 500,000 barrels a day from January and said they would meet monthly to decide further output levels, gingerly adding more crude to a global economy still suffering from the COVID-19...
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FILE - In this undated file photo provided by the U.S. Fish and Wildlife Service, caribou from the Porcupine Caribou Herd migrate onto the coastal plain of the Arctic National Wildlife Refuge in northeast Alaska. The Trump Administration has paved the way for an oil and lease sale in Alaska's pristine Arctic National Wildlife Refuge scheduling a lease sale for Jan. 6, 2021, before the president leaves office later next month. (U.S. Fish and Wildlife Service via AP, File)
December 03, 2020 - 11:51 am
JUNEAU, Alaska (AP) — The U.S. Bureau of Land Management plans to hold an oil and gas lease sale in Alaska's Arctic National Wildlife Refuge next month, weeks before President-elect Joe Biden, who has opposed drilling in the region, is set to take office. Conservation groups criticized Thursday's...
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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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