Oil and gas industry

A man looks at an electronic stock board of a securities firm in Tokyo, Wednesday, Jan. 8, 2020. Oil prices rose and Asian stock markets fell Wednesday after Iran fired missiles at U.S. bases in Iraq in retaliation for the killing of an Iranian general. Tokyo's stock market benchmark fell nearly 2%.(AP Photo/Koji Sasahara)
January 08, 2020 - 4:04 am
BEIJING (AP) — Oil prices rose and global stock markets fell Wednesday after Iran fired missiles at U.S. bases in Iraq in retaliation for the killing of an Iranian general. Brent crude futures, the benchmark for international oils, spiked more than $3 per barrel in London before retreating. Stock...
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FILE - In this Dec. 11, 2019, file photo Federal Reserve Chair Jerome Powell arrives to speak at a news conference after the Federal Open Market Committee meeting in Washington. On Thursday, Jan. 2, 2020, the Federal Reserve releases minutes from its December meeting when it kept its key interest rate unchanged. (AP Photo/Jacquelyn Martin, File)
SKY News
January 03, 2020 - 2:28 pm
WASHINGTON (AP) — The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting last month, when it kept interest rates steady after three straight cuts and signaled that it expected to keep low rates unchanged through this year. Minutes of the December meeting,...
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FILE - In this file photo dated 1990, Aramco refinery at Ras Tannura, Saudi Arabia. The price of oil surged Friday Jan. 3, 2020, as global investors were gripped with uncertainty over the potential repercussions and any retaliation, after the United States killed Iran's top general Qassem Soleimani.(AP Photo/FILE)
SKY News
January 03, 2020 - 12:47 pm
LONDON (AP) — Crude prices on Friday had the largest one-day spike since a September attack on the world's largest oil processing facility in Saudi Arabia after the U.S. killed Iran's top general in a drone strike. If sustained, the rise in oil prices could push the cost of gasoline, heating fuel...
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In this Tuesday, Dec. 3, 2019, photo, visitors look at the ship models exhibited by the China State Shipbuilding Corporation (CSSC) during the Marintec China exhibition in Shanghai, China. China's government promised Monday, Dec. 23, 2019, to open its oil, telecom and power markets wider to private competitors as the ruling Communist Party tries to shore up growth in the slowing, state-dominated economy. (Chinatopix via AP)
SKY News
December 23, 2019 - 8:12 am
BEIJING (AP) — China said Monday it will reduce tariffs Jan. 1 on more than 850 foreign products including frozen pork, asthma medications and some high-tech components to spur economic development. The announcement followed an interim trade agreement with Washington in a tariff war that has...
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Demonstrators set fire to a rendition of the U.S. flag during a rally in front of the former U.S. Embassy in Tehran, Iran, Monday, Nov. 4, 2019. Reviving decades-old cries of "Death to America," Iran on Monday marked the 40th anniversary of the 1979 student takeover of the U.S. Embassy in Tehran and the 444-day hostage crisis that followed as tensions remain high over the country's collapsing nuclear deal with world powers. (AP Photo/Vahid Salemi)
AP
November 04, 2019 - 6:43 pm
TEHRAN, Iran (AP) — Iran on Monday broke further away from its collapsing 2015 nuclear deal with world powers by doubling the number of advanced centrifuges it operates, linking the decision to U.S. President Donald Trump's withdrawal from the agreement over a year ago. The announcement — which...
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A firefighter walks near the entrance to NuStar Energy fuel storage facility Wednesday, Oct. 16, 2019 after a Tuesday fire in Crockett, Calif. Officials were trying to determine Wednesday if a 4.5 magnitude earthquake triggered an explosion at a fuel storage facility in the San Francisco Bay Area that started a fire and trapped thousands in their homes for hours because of potentially unhealthy air. (AP Photo/Jeff Chiu)
October 16, 2019 - 8:20 pm
SAN FRANCISCO (AP) — Officials were trying to determine Wednesday if a 4.5 magnitude earthquake triggered an explosion at a fuel storage facility in the San Francisco Bay Area that started a fire and kept thousands of people in their homes for hours because of potentially unhealthy air. The...
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FILE - In this June 21, 2019 file photo, flames and smoke emerge from the Philadelphia Energy Solutions Refining Complex in Philadelphia. Federal investigators say an aging, failed elbow pipe appears to be the cause of the June fire and subsequent explosions that left five people with minor injuries and destroyed part of the processing unit at the largest oil refinery on the East Coast. The U.S. Chemical Safety and Hazard Investigation Board released a preliminary report Wednesday, Oct. 16 on findings from the June 21 explosion at the Philadelphia Energy Solutions Refining Complex. (AP Photo/Matt Rourke, File)
October 16, 2019 - 10:51 am
PHILADELPHIA (AP) — An aging, failed elbow pipe appears to be the initial cause of a June 21 fire and subsequent explosions that injured five people at the largest oil refinery on the East Coast, federal investigators said Wednesday. The U.S. Chemical and Safety Hazard Investigation Board released...
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In this Sept. 23, 2019, photo shoppers examine refrigerators at a Home Depot store location, in Boston. On Wednesday, Oct. 16, the Commerce Department releases U.S. retail sales data for September. (AP Photo/Steven Senne)
October 16, 2019 - 9:56 am
WASHINGTON (AP) — Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending. Retail sales fell 0.3% last month following a 0.6% gain in August, the Commerce Department...
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This 2018 photo provided by David Kuhn shows Scotty Bowers. Bowers, a self-described Hollywood "fixer" whose memoir offered sensational accounts of the sex lives of such celebrities as Katharine Hepburn, Cary Grant and the Duke and Duchess of Windsor, has died. He was 96. Bowers' agent, David Kuhn, said he died Sunday, Oct. 13, 2019, of natural causes at his home in Los Angeles. (David Kuhn via AP)
October 16, 2019 - 8:58 am
NEW YORK (AP) — Scotty Bowers, a self-described Hollywood "fixer" whose memoir offered sensational accounts of the sex lives of such celebrities as Katharine Hepburn, Cary Grant and the Duke and Duchess of Windsor, has died. He was 96. Bowers' agent, David Kuhn, said he died Sunday of natural...
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FILE - In this Dec. 15, 2017, file courtroom sketch, Mehmet Hakkan Atilla, right, testifies in his trial in New York. Atilla, a Halkbank official, was convicted in 2018 of conspiracies to violate U.S. sanctions law, defraud the U.S. and commit money laundering and bank fraud. Halkbank, a major Turkish bank, was criminally charged in an indictment Tuesday, Oct. 15, 2019, with participating in a multibillion-dollar scheme to evade U.S. sanctions against Iran. In a release, U.S. Attorney Geoffrey S. Berman said senior bank officials designed and carried out the scheme to move billions of dollars of Iranian oil revenue illegally. (Elizabeth Williams via AP, File )
October 16, 2019 - 6:25 am
NEW YORK (AP) — The United States criminally charged a major Turkish bank with helping to evade sanctions against Iran, potentially raising diplomatic tensions as the U.S. tries to contain Turkey's military offensive in Syria. The charges against Halkbank, a state-owned bank, were announced Tuesday...
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