Oil and gas exploration and extraction

FILE- In this Sept. 27, 2018, file photo United Auto Workers' assemblyman Charles Patterson installs trim on a 2018 Ford F-150 truck on the assembly line at the Ford Rouge assembly plant in Dearborn, Mich. On Friday, Nov. 16, the Federal Reserve reports on U.S. industrial production for October. (AP Photo/Carlos Osorio, File)
November 16, 2018 - 12:07 pm
WASHINGTON (AP) — U.S. industry expanded slightly in October, with manufacturing growth offsetting declines in mining and utility production. Industrial production ticked up a modest 0.1 percent last month, the Federal Reserve reported Friday. It was the fifth straight monthly gain and left output...
Read More
U.S. Assistant Secretary of State Francis Fannon, right, welcomes from Cyprus' Energy minister Yiorgos Lakkotrypis for a meeting at the Energy ministry in Nicosia, Cyprus, Friday, Nov. 16, 2018. Fannon is in Cyprus as part of a three-country tour in the region as ExxonMobil is ready to start exploratory drilling in waters southwest of Cyprus. (AP Photo/Petros Karadjias)
November 16, 2018 - 10:55 am
NICOSIA, Cyprus (AP) — The United States sees "great promise" in developing energy resources in the eastern Mediterranean, a U.S. state department official said Friday, as ExxonMobil and partner Qatar Petroleum began exploratory drilling off Cyprus' southwestern coast. Francis Fannon, the Assistant...
Read More
November 13, 2018 - 11:58 am
MADRID (AP) — Spain's government is eyeing ambitious steps to tackle climate change, including a ban on the sale of gas and diesel cars from 2040. The government presented a blueprint Tuesday that foresees an end to state financial subsidies for fossil fuels and a prohibition on fracking. The...
Read More
November 13, 2018 - 1:18 am
DUBAI, United Arab Emirates (AP) — Higher oil prices are helping to offset increases in public spending by the Middle East's oil exporting heavyweights like Saudi Arabia, with these countries narrowing their budget deficit by $77 billion, the International Monetary Fund said on Tuesday. The...
Read More
A Cypriot soldier removes the barbed-wire that blocked the road, at a newly-opened crossing point between ethnically split Cyprus' internationally recognized south and the breakaway, Turkish Cypriot north at the southeastern village of Dherynia on Monday, Nov. 12, 2018. A few hundred Greek Cypriots and Turkish Cypriots walked through a newly opened crossing point in the southeastern village of Dherynia in what peace activists are hailing as further breaking down barriers on ethnically divided Cyprus. (AP Photo/Petros Karadjias)
November 12, 2018 - 4:00 pm
NICOSIA, Cyprus (AP) — An accord reunifying ethnically split Cyprus could unlock a deal to convey gas discovered in fields off Israel, Egypt and Cyprus to markets through neighboring Turkey's existing pipeline network, the leader of the island's breakaway Turkish Cypriots said Monday. Mustafa...
Read More
Saudi Aramco President Amin al-Nasser, left, shakes hands with Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO after they signed a contract in the opening day of the Abu Dhabi International Exhibition & Conference, ADIPEC, in Abu Dhabi, United Arab Emirates, Monday, Nov. 12, 2018. OPEC and allied oil-producing countries likely need to cut crude supplies to rebalance the market after proposed U.S. sanctions on Iran failed to cut Tehran's ouput, top Saudi and Emirati energy officials said Monday. (AP Photo/Kamran Jebreili)
November 12, 2018 - 5:47 am
ABU DHABI, United Arab Emirates (AP) — OPEC and allied oil-producing countries will likely need to cut crude supplies, perhaps as much as 1 million barrels of oil a day, to rebalance the market after proposed U.S. sanctions on Iran failed to cut Tehran's output, Saudi Arabia's energy minister said...
Read More
FILE- This April 25, 2017, file photo, shows an Exxon service station sign in Nashville, Tenn. Exxon Mobil Corp. reports earnings Friday, Nov. 2, 2018. (AP Photo/Mark Humphrey, File)
November 02, 2018 - 1:36 pm
DALLAS (AP) — Higher oil prices propelled Exxon's third-quarter profit up 57 percent to $6.24 billion despite another drop in production. It was Exxon's best third quarter since 2014, when the effects of a collapse in oil prices had not yet been felt, and a sign that Big Oil is coming back. Rival...
Read More
October 26, 2018 - 5:09 am
MILAN (AP) — Italian oil and gas producer Eni said its third-quarter profits tripled as oil prices hit the highest levels in four years. Eni, which is about one-third government-owned, made net income of 1.53 billion euros ($1.74 billion), compared with 344 million euros a year earlier. The company...
Read More
Turkmenistan's President Gurbanguly Berdymukhamedov applauds as he attends an opening ceremony of a chemical plant that cost $3.4 billion to build, its latest effort to diversity its gas-dependent economy, in Kiyanly, Turkmenistan, Wednesday, Oct. 17, 2018. The Turkmen government took on 15 percent of the plant's financing with the rest of the investments coming from Japan's Toyo Engineering and South Korea's LG International and Hyundai Engineering. (AP Photo/Alexander Vershinin)
October 17, 2018 - 1:28 pm
KIYANLY, Turkmenistan (AP) — The Central Asian nation of Turkmenistan has opened a chemical plant that cost $3.4 billion to build, its latest effort to diversity its gas-dependent economy. Turkmenistan is home to one of the world's largest natural gas deposits, and the new plant on the shores of...
Read More
U.S. Rep. Beto O'Rourke, D-Texas, left, and U.S. Sen. Ted Cruz, R-Texas, right, take part in a debate for the Texas U.S. Senate, Tuesday, Oct. 16, 2018, in San Antonio. (Tom Reel/San Antonio Express-News via AP, Pool)
October 17, 2018 - 11:53 am
SAN ANTONIO (AP) — Democrat Beto O'Rourke abandoned his usual message of unity and optimism and laid into Ted Cruz, hoping to reverse polls that show him fading against the Republican incumbent during the second debate of a Texas Senate race that has become one of the nation's most closely watched...
Read More

Pages