Oil and gas exploration and extraction

March 12, 2019 - 9:16 pm
DENVER (AP) — A fiercely contested oil and gas project in a residential neighborhood outside Denver cleared a major hurdle Tuesday when state regulators approved a request by an energy company to drill for reserves that belong to dozens of people, including some who don't want to participate. The...
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In this Feb. 28, 2019, photograph, a storage tank stands near a well pad located in a field near a housing development in Broomfield, Colo. Frustrated residents of a Denver suburb say state law is forcing them to participate in a major oil and gas drilling project against their wishes, so they launched legal challenges with potentially significant consequences for the industry. Backed by a federal judge, they have a chance this week to ask state regulators to block multiple wells planned within about 1,300 feet (400 meters) of homes in the city of Broomfield. (AP Photo/David Zalubowski)
March 11, 2019 - 9:05 am
DENVER (AP) — Frustrated residents of a Denver suburb say state law is forcing them to participate in a major oil and gas drilling project against their wishes, so they launched legal challenges with potentially significant consequences for the industry. Backed by a federal judge, they have a...
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FILE - In this June 8 2006 file photo, The Troll, a gas platform run by the Norwegian oil giant Statoil company, stands above the North Sea, about 70 kilometers off the coast of Norway. Norway’s $1 trillion wealth fund will begin dumping its shares in oil and gas companies, paving the way for a huge divestment in the likes of Royal Dutch Shell and Exxon Mobil, Minister of Finance Siv Jensen said Friday March 8, 2019. (Marit Hommedal / Scanpix via AP, File)
March 08, 2019 - 8:50 am
STAVANGER, Norway (AP) — Norway's $1 trillion wealth fund, the biggest of its kind in the world, will begin dumping shares in oil and gas companies, but stopped short of barring major producers like ExxonMobil and Chevron. The move was hailed by environmental activists as a sign that the global...
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February 28, 2019 - 7:01 am
NICOSIA, Cyprus (AP) — Cyprus' energy minister says ExxonMobil has discovered the third-biggest gas deposit in the world in the last two years. Announcing the results Thursday of exploratory drilling, Energy Minister Georgios Lakkotrypis said the "world class" discovery offers proof of the...
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February 26, 2019 - 1:51 am
BEIJING (AP) — A county in western China has suspended drilling for shale gas after a protest by residents who suspected fracking work caused a series of earthquakes that led to two deaths. The first quake hit Sichuan province's Rongxian county on Sunday morning, followed by two more, including a...
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FILE - This June 3, 2014, file photo shows a panoramic view of the Paradise Fossil Plant in Drakesboro Ky. President Donald Trump's vow to save the coal industry will be tested this week when a utility board he appoints weighs whether to close a coal-fired power plant in Kentucky whose suppliers include a mine owned by one of his campaign donors. An environmental assessment by the Tennessee Valley Authority recommends shuttering the remaining coal-fired unit at the Paradise Fossil Plant in Muhlenberg County. The board could vote on Thursday, Feb. 14, 2019. (AP Photo/Dylan Lovan, File)
February 13, 2019 - 3:21 pm
FRANKFORT, Ky. (AP) — President Donald Trump's support for the coal industry — and for a particular power plant — will face a test this week when a utility board he appoints considers whether to close a coal-fired Kentucky plant whose suppliers include a mine owned by one of his campaign donors. An...
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Senate Majority Leader Mitch McConnell, R-Ky., walks to the chamber on the morning after House and Senate negotiators worked out a border security compromise hoping to avoid another government shutdown, at the Capitol in in Washington, Tuesday, Feb. 12, 2019. (AP Photo/J. Scott Applewhite)
February 12, 2019 - 8:26 pm
WASHINGTON (AP) — The Senate will vote on the Green New Deal, a moonshot plan by Democrats to combat climate change, Senate Majority Leader Mitch McConnell said Tuesday, announcing a move designed to force Senate Democrats — including a cast of presidential candidates — into a political bind. The...
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FILE - In this May 14, 2015, file photo, the oil drilling rig Polar Pioneer is towed toward a dock in Elliott Bay in Seattle. The government says U.S. oil production will keep climbing and set new records in 2019 and 2020 while oil prices will remain below last year’s levels. The U.S. Energy Information Administration said Tuesday, Feb. 12, 2019, it expects the United States to pump 12.4 million barrels of crude a day in 2019 and 13.2 million barrels a day in 2020. (AP Photo/Elaine Thompson, File)
February 12, 2019 - 3:19 pm
The United States expects domestic oil production to reach new heights this year and next, and that prices — for both crude and gasoline — will be lower than they were in 2018. Government forecasters are sticking to their forecast that the United States — already the world's biggest oil producer —...
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February 05, 2019 - 3:07 am
LONDON (AP) — BP says fourth-quarter earnings jumped 65 percent as the London-based energy company benefited from higher oil prices and increased production. The company said Tuesday that underlying replacement cost profit, the industry's preferred gauge of earnings, rose to $3.48 billion from $2...
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February 05, 2019 - 2:30 am
ANKARA, Turkey (AP) — Greek Prime Minister Alexis Tsipras is making a two-day visit to NATO ally Turkey for talks with President Recep Tayyip Erdogan on an array of issues that have strained the relationship between their two countries. The leaders are expected to discuss territorial disputes in...
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