Oil and gas exploration and extraction

Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia, arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, and non OPEC members at their headquarters in Vienna, Austria, Friday, March 6, 2020. (AP Photo/Ronald Zak)
March 06, 2020 - 1:19 pm
VIENNA (AP) — OPEC and key ally Russia failed to agree Friday on a cut to oil production that would have contained the plunge in the price of crude caused by the new coronavirus outbreak's massive disruption to world business. The price of oil fell sharply in international markets as a result, with...
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Austrian rescue personnel checks the body temperature of Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia, before a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Thursday, March 5, 2020. (AP Photo/Ronald Zak)
March 05, 2020 - 8:36 am
VIENNA (AP) — The oil-producing countries of the OPEC cartel are calling for a deep production cut of 1.5 million barrels per day to support prices that are sagging due to the spread of the coronavirus. The proposal, however, assumes that non-member allies like major producer Russia, who will take...
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WWL AP Feed General
March 02, 2020 - 4:03 pm
ANCHORAGE, Alaska (AP) — A study by polar bear researchers in Alaska concludes that thermal imaging used by oil exploration companies to detect polar bears in dens works less than half the time. That doesn’t mean polar bears are being disturbed, said researcher Tom Smith, an associate professor of...
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FILE - In this Thursday, Aug. 31, 2017, file photo, a flame burns at the Shell Deer Park oil refinery in Deer Park, Texas. With the viral outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further. That has sent shares tumbling for oil giants like Exxon and Chevron while smaller producers with idling rigs continue to slash jobs. (AP Photo/Gregory Bull, File)
March 01, 2020 - 10:49 pm
NEW YORK (AP) — With the viral outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further. That has sent shares tumbling for oil giants like Exxon and Chevron while smaller producers with idling rigs continue to slash jobs. Hundreds of new...
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WWL AP Feed General
February 28, 2020 - 6:06 am
HOUSTON (AP) _ Independent Contract Drilling Inc. (ICD) on Friday reported a loss of $35 million in its fourth quarter. On a per-share basis, the Houston-based company said it had a loss of 47 cents. Losses, adjusted for asset impairment costs and non-recurring costs, came to 10 cents per share...
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WWL AP Feed General
February 27, 2020 - 3:50 pm
BRUSSELS (AP) — The European Union on Thursday slapped sanctions on two senior members of the Turkish Petroleum Corporation and accused them of responsibility for illegal drilling in waters off the Mediterranean island of Cyprus. The EU imposed asset freezes and travel bans in Europe on TPAO Vice-...
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WWL AP Feed General
February 20, 2020 - 1:58 pm
GEORGETOWN, Guyana (AP) — Guyana’s government on Thursday prepared to sell its first barrels of oil after the discovery of large quantities of oil and gas near the South American country’s coast nearly five years ago. The Department of Energy called the shipment a historic event, saying Guyana...
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In this photo taken Monday, Oct. 1, 2018, residents stand by the side of the road after fetching water, between Melut and Paloch town, in South Sudan. The oil industry in South Sudan has left a landscape pocked with hundreds of open waste pits with the water and soil contaminated with toxic chemicals and heavy metals, and accounts of "alarming" birth defects, miscarriages and other health problems, according to four environmental reports obtained by The Associated Press. (AP Photo/Sam Mednick)
February 14, 2020 - 2:09 am
PALOCH, South Sudan (AP) — The oil industry in South Sudan has left a landscape pocked with hundreds of open waste pits, the water and soil contaminated with toxic chemicals and heavy metals including mercury, manganese, and arsenic, according to four environmental reports obtained by The...
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FILE - This Jan. 16, 2015, file photo shows pumpjacks operating at the Kern River Oil Field in Bakersfield, Calif., which is overseen by the U.S. Bureau of Land Management. Oil production from federally-managed lands and waters topped a record 1 billion barrels in 2019, according to the Department of Interior on Tuesday, Feb. 11, 2020. (AP Photo/Jae C. Hong, File)
February 11, 2020 - 12:33 pm
BILLINGS, Mont. (AP) — Oil production from U.S.- managed lands and waters topped a record 1 billion barrels last year, federal officials said Tuesday, as technological advances helped drive development in new areas and the Trump administration eases rules on the industry. The production figure was...
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WWL AP Feed General
February 03, 2020 - 4:39 am
DUBAI, United Arab Emirates (AP) — The United Arab Emirates on Monday announced the discovery of a natural gas field containing 80 trillion standard cubic feet of gas between Abu Dhabi and Dubai. Authorities said the new Jebel Ali field would help the Emirates become more energy independent, as the...
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