Energy industry

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 05, 2019 - 4:07 pm
VIENNA (AP) — The countries that make up the OPEC oil-producing cartel talked into the night Thursday over 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 conference would...
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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 - 2:07 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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FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa. General Motors and Korea's LG Chem have formed a joint venture to build an electric vehicle battery cell factory near Lordstown, Ohio, east of Cleveland. (AP Photo/Matt Rourke, File)
December 05, 2019 - 12:48 pm
WARREN, Mich. (AP) — General Motors and Korea's LG Chem have formed a joint venture to build an electric vehicle battery cell factory near Lordstown, Ohio, east of Cleveland. The companies also will work together on battery technology to bring down the cost for future GM electric vehicles. The new...
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holiday
December 05, 2019 - 7:24 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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holiday
December 05, 2019 - 4:36 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 Oct. 18, 2019, file photo, Pacific Gas and Electric Company workers bury utility lines in Paradise, Calif. Pacific Gas & Electric officials urged a federal bankruptcy judge to approve an insurance settlement that would enable the nation's largest utility to regain its financial footing while covering at least $20 billion in losses stemming from catastrophic wildfires tied to its equipment and negligence. (AP Photo/Rich Pedroncelli, File)
December 04, 2019 - 6:42 pm
SAN FRANCISCO (AP) — Pacific Gas & Electric on Wednesday urged a federal bankruptcy judge to approve a key insurance settlement as it struggles to regain its financial footing and cover at least $20 billion in losses stemming from catastrophic wildfires in California tied to its equipment. The...
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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 - 4:12 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 - 2:03 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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President Donald Trump listens as French President Emmanuel Macron speaks during a meeting at Winfield House during the NATO summit, Tuesday, Dec. 3, 2019, in London. (AP Photo/ Evan Vucci)
December 03, 2019 - 4:41 pm
WASHINGTON (AP) — President Donald Trump on Tuesday wholly misrepresented the U.S. record on international trade disputes, incorrectly accused House Democrats of denying him lawyers in impeachment proceedings and dismissed as a mysterious “rumor” his own statement from months ago about Britain's...
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holiday
December 03, 2019 - 1:22 pm
HARRISBURG, Pa. (AP) — A county prosecutor is accusing the owner of multibillion-dollar pipelines carrying natural gas liquids across Pennsylvania of illegally using uniformed state constables as a private security force. Charged on Tuesday by Chester County District Attorney Thomas Hogan’s office...
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