Energy industry

FILE - In this July 16, 2017, file photo, ice is broken up by the passing of the Finnish icebreaker MSV Nordica as it sails through the Beaufort Sea off the coast of Alaska. The Trump administration is reevaluating its controversial plan to sharply expand offshore drilling as it responds to a court ruling that blocked drilling off Alaska. President Donald Trump has pushed to open nearly all U.S. coastlines to offshore oil and gas drilling. But a federal judge last month ruled against Trump’s executive order to open the Arctic and parts of the Atlantic. Coastal states also have opposed the expanded drilling. (AP Photo/David Goldman, File)
April 25, 2019 - 6:44 pm
WASHINGTON (AP) — The Trump administration said Thursday it is reevaluating its controversial plan to sharply expand offshore drilling as it responds to a court ruling that blocked oil and gas development off Alaska and parts of the Atlantic. Governors and lawmakers from both Republican- and...
Read More
A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, April 25, 2019. Asian shares were mixed Thursday after U.S. stocks closed lower, giving back some of its gains a day after the S&P 500 and Nasdaq hit record highs. (AP Photo/Lee Jin-man)
April 24, 2019 - 9:14 pm
TOKYO (AP) — Asian shares were mixed Thursday after U.S. stocks closed lower, giving back some of its gains a day after the S&P 500 and Nasdaq hit record highs. Japan's benchmark Nikkei 225 edged up 0.2% in early trading to 22,247.14. South Korea's Kospi fell nearly 0.3% to 2,195.56. Hong Kong'...
Read More
FILE - In this Jan. 30, 2019 file photo, employees prune marijuana plants at a Fotmer SA, greenhouse in Nueva Helvecia, Uruguay. On April 24, 2019, Fotmer in Uruguay and another company in Colombia announced they will become the first to export legal medical marijuana products from Latin America to Europe, part of what the firms hope will become a growing trade. (AP Photo/Matilde Campodonico, File)
April 24, 2019 - 8:41 pm
MONTEVIDEO, Uruguay (AP) — Two companies from Uruguay and Colombia will become the first in Latin America to export medical marijuana products to Europe under deals announced Wednesday. Fotmer Life Sciences of Uruguay and Clever Leaves of Colombia will export cannabis extract and dried marijuana...
Read More
This combo of file photos shows the logo for Anadarko Petroleum Corp. on the floor of the New York Stock Exchange on April 12, 2019, left, and a logo on the Occidental Petroleum building in Los Angeles on Jan. 26, 2010. A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer worth $76 per share in cash and stock that it says is about a 20% premium to Chevron's $33 billion deal. (AP Photos)
April 24, 2019 - 5:17 pm
NEW YORK (AP) — A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer that it says is about a 20% premium to Chevron's deal announced earlier this month, a rare move not often seen in the U.S. oil industry. Houston-based Occidental Petroleum Corp. said the proposed...
Read More
Iran's Foreign Minister Mohammad Javad Zarif speaks at the Asia Society in New York, Wednesday, April 24, 2019. (AP Photo/Richard Drew)
April 24, 2019 - 5:11 pm
NEW YORK (AP) — Iran's top diplomat said Wednesday President Donald Trump's aim "is to bring us to our knees to talk" — but national security adviser John Bolton and key U.S. allies in the Mideast want "regime change at the very least" and the "disintegration of Iran." Foreign Minister Mohammad...
Read More
FILE - In this Feb. 11, 2019 file photo, Iranian Revolutionary Guard members attend a ceremony celebrating the 40th anniversary of the Islamic Revolution, at the Azadi, or Freedom, Square in Tehran, Iran. The Trump administration on Wednesday granted important exemptions to new sanctions on Iran’s Revolutionary Guard, watering down the effects of the measures while also eliminating an aspect that would have complicated U.S. foreign policy efforts. (AP Photo/Vahid Salemi)
April 24, 2019 - 12:19 pm
WASHINGTON (AP) — The Trump administration on Wednesday granted important exemptions to new sanctions on Iran's Revolutionary Guard, watering down the effects of the measures while also eliminating an aspect that would have complicated U.S. foreign policy efforts. Foreign governments and businesses...
Read More
April 24, 2019 - 7:43 am
DETROIT (AP) — Ford is sinking a half-billion dollars into electric vehicle startup Rivian in a deal that has the companies working together on a new Ford electric vehicle based on Rivian underpinnings. Ford will become a minority partner in Rivian, which is based outside of Detroit and recently...
Read More
Secretary of State Mike Pompeo speaks during a news conference on Monday, April 22, 2019, at the Department of State in Washington. (AP Photo/Sait Serkan Gurbuz)
April 23, 2019 - 4:54 pm
NEW YORK (AP) — Global oil prices are rising in the wake of President Donald Trump's decision to impose sanctions on nations that import Iranian oil and could eventually climb to levels that would impact American consumers. Analysts said Tuesday that by taking Iranian crude off the market, the...
Read More
April 23, 2019 - 5:13 am
BERLIN (AP) — A U.N. panel overseeing compensation claims by countries and organizations affected by Iraq's 1990-1991 invasion of Kuwait says it has paid $240 million to the Gulf state's national oil company. The United Nations Compensation Commission said Tuesday that the latest tranche brings to...
Read More
An investor finishes his meal at a stock brokerage in Beijing on Tuesday, April 23, 2019. Asian stocks were mixed on Tuesday while oil prices soared to their highest level since October after the U.S. said it would soon impose sanctions on all buyers of Iranian oil. (AP Photo/Ng Han Guan)
April 23, 2019 - 4:06 am
SINGAPORE (AP) — World stocks were mixed on Tuesday ahead of the release of U.S. housing data and more earnings reports. Oil prices soared to their highest level since October on supply fears, after the Trump administration said it would soon impose sanctions on all buyers of Iranian oil. Markets...
Read More

Pages