Oil and gas industry

Stock traders John Santiago, left, and Paul Cosentino work at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 11:02 pm
BANGKOK (AP) — Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts. Japan's central bank opted to keep...
Read More
FILE - In this Saturday, Sept. 14, 2019 file photo, a satellite image from Planet Labs Inc. shows thick black smoke rising from Saudi Aramco's Abqaiq oil processing facility in Buqyaq, Saudi Arabia. The assault on the beating heart of Saudi Arabia's vast oil empire follows a new and dangerous pattern that's emerged across the Persian Gulf this summer of precise attacks that leave few obvious clues of who launched them. (Planet Labs Inc via AP, File)
September 18, 2019 - 6:05 pm
DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf (all times local): 10:00 p.m. U.N. Secretary-General Antonio Guterres says U.N. experts have already left for Saudi Arabia to investigate attacks on key Saudi oil installations. Saudi Arabia's Ministry of Foreign Affairs...
Read More
The Saudi military displays what they say are an Iranian cruise missile and drones used in recent attack on its oil industry at Saudi Aramco's facilities in Abqaiq and Khurais, during a press conference in Riyadh, Saudi Arabia, Wednesday, Sept. 18, 2019. (AP Photo/Amr Nabil)
September 18, 2019 - 3:00 pm
RIYADH, Saudi Arabia (AP) — U.S. Secretary of State Mike Pompeo on Wednesday called the attack on Saudi Arabia's oil installations an "act of war" against the kingdom by Iran, as the Saudis displayed missile and drone wreckage and cited other evidence they said shows the raid was "unquestionably...
Read More
September 18, 2019 - 2:59 pm
SOFIA, Bulgaria (AP) — Bulgaria's state gas operator signed 1.1 billion-euro construction contract ($1.2 billion) with a Saudi-led group Wednesday for building a natural gas pipeline that would carry Russian natural gas from the much larger TurkStream pipeline into parts of Europe. The contract...
Read More
A Saudi military officer walks by what was described asa the remains of Iranian cruise missiles and drones used in an attack this weekend that targeted the heart of Saudi Arabia's oil industry, during a press conference by military spokesman Col. Turki al-Malki in Riyadh, Saudi Arabia, Wednesday, Sept. 18, 2019. Though Yemen's Houthi rebels claimed the assault, the U.S. alleges Iran was behind it. (AP Photo/Amr Nabil)
September 18, 2019 - 2:54 pm
DUBAI, United Arab Emirates (AP) — A cruise missile and drone fragments that Saudi Arabia says it recovered from an attack on its oil industry bear similarities to Iranian-manufactured weapons, though more information is needed to make a definitive link, analysts told The Associated Press on...
Read More
FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
September 18, 2019 - 1:43 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:30 p.m. Stocks are dropping after the Federal Reserve cuts its benchmark interest rate for a second time this year and didn't provide investors with concrete clues about what the future holds. The Dow...
Read More
Workers refuel the tank at a gas station in Jiddah, Saudi Arabia, Tuesday, Sept. 17, 2019. U.S. President Donald Trump declared Monday that it "looks" like Iran was behind the explosive attack on Saudi Arabian oil facilities. He stressed that military retaliation was not yet on the table in response to the strike against a key U.S. Mideast ally. (AP Photo/Amr Nabil)
September 18, 2019 - 10:29 am
NEW YORK (AP) — The price of oil fell again Wednesday after the Saudi government said half of the production knocked out by an attack over the weekend had already had been restored. Benchmark U.S. crude fell about $1 to $58.29 per barrel in early trading. Brent crude, the international benchmark,...
Read More
File -- In this Friday, May 17, 2019 photo a training ship for Saudi Arabia's border guard is pictured at the Peene shipyard in Wolgast, northern Germany. The German government extended the export ban on military equipment for Saudia Arabia until March 31, 2020. (Stefan Sauer/dpa via AP, file)
September 18, 2019 - 9:15 am
BERLIN (AP) — Germany has extended its ban on defense industry exports to Saudi Arabia for another six months, despite some calls for it to be relaxed in the wake of the recent attacks on the country's oil production facilities. The government said Wednesday the ban had been extended for six months...
Read More
A woman stands near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Sept. 18, 2019. Asian stock prices rose Wednesday after oil prices fell back and Wall Street advanced. (AP Photo/Eugene Hoshiko)
September 18, 2019 - 5:53 am
BEIJING (AP) — European markets opened higher and Asian stocks were mixed Wednesday as investors watched for a U.S. Federal Reserve decision on a possible interest rate cut after oil prices fell back. Benchmarks in London, Frankfurt and Shanghai advanced while Tokyo and Hong Kong slipped. Markets...
Read More
This image provided on Sunday, Sept. 15, 2019, by the U.S. government and DigitalGlobe and annotated by the source, shows damage to the infrastructure at Saudi Aramco's Kuirais oil field in Buqyaq, Saudi Arabia. The drone attack Saturday on Saudi Arabia's Abqaiq plant and its Khurais oil field led to the interruption of an estimated 5.7 million barrels of the kingdom's crude oil production per day, equivalent to more than 5% of the world's daily supply. (U.S. government/Digital Globe via AP)
September 17, 2019 - 7:56 pm
DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf and the fallout after weekend attack on major oil sites in Saudi Arabia (all times local): 10 p.m. Saudi Arabia's energy minister says 50% of the production cut by the attack on its oil processing plant has been restored...
Read More

Pages