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Friday, October 30, 2020
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Losses mount for oil majors as pandemic grips global economy

NEW YORK (AP) — Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtails travel and cripples global economic activity. ...

Wall Street soared under Trump, but it’s been a rocky ride

NEW YORK (AP) — The last four years have been good for stocks, with the S&P 500 climbing more than 50% and many 401(k)...

Asian shares lower, US futures up after S&P 500 sinks 3.5%

Asian shares declined Thursday and U.S. futures turned higher after the S&P 500 slid 3.5% overnight for its biggest drop since June. ...

Venezuelan president: Key oil refinery attacked; 2 detained

CARACAS, Venezuela (AP) — Venezuelan President Nicolás Maduro said Wednesday that a large oil refinery suffered a “terrorist attack” as his government struggles to...

Pompeo says AES of US, PetroVietnam to sign $2.8B LNG deal

HANOI (AP) — The U.S. energy firm AES and PetroVietnam plan to soon sign an agreement on a $2.8 billion liquefied natural gas project,...

‘We need you’: GOP hunts for new voters in Trump territory

SLIPPERY ROCK, Pa. (AP) — President Donald Trump’s campaign has a bold theory for how he will win reelection: It can tap a universe...

BP reports 3Q earnings plunge amid falling demand

LONDON (AP) — BP plc says third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand. ...

Asian shares slip after Wall St’s worst day in a month

Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in...

The Latest: Trump celebrates expected Barrett confirmation

WASHINGTON (AP) — The Latest on the presidential campaign (all times local): ...

7 held for suspected tanker hijack after UK commando raid

LONDON (AP) — Seven stowaways seized when British naval special forces stormed an oil tanker in the English Channel have been arrested on suspicion...

Post-Abe agenda: Suga says Japan to go carbon-free by 2050

TOKYO (AP) — Japan will achieve zero carbon emissions by 2050, Prime Minister Yoshihide Suga declared Monday, outlining an ambitious agenda as the country...

2020 Watch: Is Biden remaking the Democratic coalition?

WASHINGTON (AP) — Presidential politics move fast. What we’re watching heading into the final full week of the 2020 campaign: ...

UK military seizes tanker that reported violent stowaways

LONDON (AP) — The U.K. military seized control of an oil tanker that dropped anchor in the English Channel after reporting Sunday it had...

Minority communities question election-year push by EPA

TRAVERSE CITY, Mich. (AP) — Theresa Landrum lives in southwest Detroit, where residents complain frequently about dirty air. Tree-shaded neighborhoods with schools, churches and...

Trump intensifies fracking assault on Biden in Pennsylvania

HARRISBURG, Pa. (AP) — In a late gambit to win the battleground state of Pennsylvania, President Donald Trump and his GOP allies have intensified...

The Latest: Pence’s top aide tests positive for coronavirus

WASHINGTON (AP) — The Latest on the presidential campaign (all times local): ...

Biden’s warning on oil tests voter resolve on climate change

OKLAHOMA CITY (AP) — Joe Biden is confronting the harsh political realities of combating climate change. ...

The Latest: Trump calls ‘Borat’ star an unfunny ‘creep’

WASHINGTON (AP) — The Latest on the presidential campaign (all times local): ...

Trump, Biden scrap on oil, virus with just over a week to go

PENSACOLA, Fla. (AP) — President Donald Trump and his allies fought for support in pivotal battleground states Friday after a debate performance that gave...

Biden calls for ‘transition’ from oil, GOP sees opening

Democrat Joe Biden's remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night...

Libyan factions sign countrywide UN-brokered cease-fire

GENEVA (AP) — The rival sides in Libya’s conflict signed a permanent cease-fire Friday, a deal the United Nations billed as historic after years...

The Latest: Trump says he will vote in person

WASHINGTON (AP) — The Latest on the presidential campaign (all times local): ...

Suit: Feds ignore risk of huge spills to endangered species

NEW ORLEANS (AP) — Environmental groups asked a federal court Wednesday to throw out the Trump administration's assessment of oil and gas activity’s likely...

Trump tends to his electoral map, Biden eyes Obama boost

WASHINGTON (AP) — President Donald Trump is hopping from one must-win stop on the electoral map to the next in the leadup to a...

In debate countdown, Trump holds rally, Biden does prep

ERIE, Pa. (AP) — President Donald Trump pushed into arguably the most important state on the electoral map on Tuesday, opting for a rally...

Tribes make new move to shut down Dakota Access Pipeline

BISMARCK, N.D. (AP) — Native American tribes opposed to the Dakota Access Pipeline once again have asked a federal judge to stop the flow...

ConocoPhillips buying Concho in $9.7B all-stock deal

ConocoPhillips is buying shale producer Concho Resources in an all-stock deal valued at $9.7 billion. ...

US industrial production fell a sharp 0.6% in September

WASHINGTON (AP) — U.S. industrial production fell 0.6% in September, the weakest showing since spring and a sign that the economy’s recovery from the...

Armenia, Azerbaijan tensions rise amid claims of new attacks

YEREVAN, Armenia (AP) — The conflict between Armenia and Azerbaijan escalated Wednesday, as both sides exchanged accusations and claims of new attacks over the...

Lebanon, Israel begin indirect talks over maritime border

NAQOURA, Lebanon (AP) — Lebanon and Israel began indirect talks on Wednesday over their disputed maritime border, with American officials mediating the talks that...

Turkey says Greece failed to fulfill promises, vows response

ANKAR, Turkey (AP) — Turkish President Recep Tayyip Erdogan on Wednesday accused Greece and Cyprus of failing to fulfill “promises” made during negotiations within...

Average US gas price falls to under $2.25/gallon

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline fell half a penny over the past two weeks to just under $2.25...

Saudi’s National Commercial Bank buys Samba in $14.8B deal

DUBAI, United Arab Emirates (AP) — Saudi Arabia's National Commercial Bank said Sunday it will purchase rival lender Samba Financial Group in a deal...

To dodge sanctions Venezuela turns to Asia asphalt giant

MIAMI (AP) — Back in January, a yearlong campaign of U.S. sanctions was taking its toll at Venezuela’s state-run oil company. Many of PDVSA’s...

To dodge sanctions, Venezuela turns to Asia asphalt giant

MIAMI (AP) — Back in January, a yearlong campaign of U.S. sanctions was taking its toll at Venezuela’s state-run oil company. Many of PDVSA’s...

California governor calls for protecting 30% of state land

LOS ANGELES (AP) — Gov. Gavin Newsom signed an executive order Wednesday to protect nearly a third of California’s land and coastal waters in...

Poland fines Russia’s Gazprom $7.6 billion over pipeline

WARSAW, Poland (AP) — Polish antitrust authorities have fined Russia's state-owned energy giant Gazprom $7.6 billion (6.5 billion euros) for building the Nord Stream...

Trump administration faulted over breaks for oil companies

BILLINGS, Mont. (AP) — A U.S. government watchdog agency faulted the Trump administration Tuesday for its handling of a COVID-19 relief effort that awarded...

Turkish diplomat denounces Armenia on trip to Azerbaijan

BAKU, Azerbaijan (AP) — Turkey's top diplomat traveled to Baku on Tuesday in a show of solidarity with Azerbaijan amid a flare-up in fighting...

Governor asks court to block actions by Trump’s land boss

BILLINGS, Mont. (AP) — The governor of Montana on Monday asked a judge to block three sweeping land use plans that would open most...

The Latest: Trump gives thumbs-up from White House balcony

WASHINGTON (AP) — The Latest on President Donald Trump's health after his COVID-19 diagnosis and hospitalization, and infections of close aides and others (all...

Mexico announces $14 billion in infrastructure projects

MEXICO CITY (AP) — Mexico’s president announced a program of 39 joint public-private infrastructure projects Monday worth about $14 billion to help revive the...

Small pipeline, large worries for some S. Carolina residents

PAMPLICO, S.C. (AP) — The land agent who arrived at Reatha Jefferson’s door in May, unannounced and unmasked in the middle of the pandemic,...

Walmart to sell UK chain Asda in $8.8 billion deal

LONDON (AP) — Retail giant Walmart has agreed to sell its British chain of supermarkets, Asda, to the investors behind an international group of...

AP Explains: What lies behind Turkish support for Azerbaijan

ANKARA, Turkey (AP) — Turkey has firmly put its weight behind oil-rich Azerbaijan as a decades-old territorial dispute flared anew into an armed conflict...

Malaysia palm oil producer vows to clear name after U.S. ban

KUALA LUMPUR, Malaysia (AP) — Malaysian palm oil producer FGV Holdings Berhad vowed Thursday to “clear its name” after the U.S. banned imports of...

US says it will block palm oil from large Malaysian producer

The United States will block shipments of palm oil from a major Malaysian producer that feeds into the supply chains of iconic U.S. food...

Getting warmer: Trump concedes human role in climate change

President Donald Trump publicly acknowledged that humans bear some blame for climate change, but scientists say the president still isn't dealing with the reality...

Sheikh Nawaf sworn in as Kuwait’s new ruling emir

DUBAI, United Arab Emirates (AP) — Kuwait’s Sheikh Nawaf Al Ahmad Al Sabah was sworn in before parliament Wednesday as the ruling emir of...

Shell plans to cut up to 9,000 jobs as oil demand slumps

LONDON (AP) — Royal Dutch Shell said Wednesday it's planning to cut between 7,000 and 9,000 jobs worldwide by the end of 2022 following...

Israeli PM to UN: Hezbollah storing missiles in Beirut

JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu on Tuesday accused the Lebanese militant group Hezbollah of maintaining a "secret arms depot" in a...

Swedish fuel company stops planned expansion of oil refinery

STOCKHOLM (AP) — Sweden’s largest fuel company said Monday that it has decided to stop a planned oil refinery expansion that would have made...

Israel to hold US-mediated talks with Lebanon on sea border

JERUSALEM (AP) — Israel will hold rare talks with Lebanon next month in an effort to resolve a longstanding maritime border dispute, an Israeli...

Trump shifts focus to Pennsylvania to shore up reelection

HARRISBURG, Pa. (AP) — President Donald Trump's campaign has grown increasingly focused on making inroads in Pennsylvania to offset potential vulnerabilities in other battlegrounds....

Judge removes Trump public lands boss for serving unlawfully

BILLINGS, Mont. (AP) — A federal judge ruled Friday that President Donald Trump's leading steward of public lands has been serving unlawfully, blocking him...

California is ready to pull the plug on gas vehicles

SACRAMENTO, Calif. (AP) — California will ban the sale of new gasoline-powered passenger cars and trucks in 15 years, Gov. Gavin Newsom announced Wednesday,...

California ban on fracking by 2024 criticized as too late

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom moved Wednesday to end issuing new hydraulic fracturing permits by 2024, a delay criticized by many...

GOP Senate report on Biden son alleges conflict of interest

WASHINGTON (AP) — Two Republican-led Senate committees issued a politically charged report Wednesday alleging that the work Joe Biden’s son did in Ukraine constituted...

US firm pleads guilty to paying bribes in Brazil, Venezuela

MEDELLIN, Colombia (AP) — A major U.S. asphalt company agreed to pay $16.6 million in fines while pleading guilty Tuesday to federal charges that...

Saudi king’s rare address to UN showcases monarch in charge

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s King Salman made a rare address to the U.N. General Assembly on Wednesday, using the moment...

Pompeo visits Guyana hoping to shore up support on Venezuela

GEORGETOWN, Guyana (AP) — U.S. Secretary of State Mike Pompeo visited the small nation of Guyana on Friday looking to shore up support for...

New Jersey law seeks to stem pollution in minority areas

NEWARK, N.J. (AP) — Gov. Phil Murphy signed into law Friday a measure giving state regulators power to deny development permits to businesses whose...

Experts cite ‘crimes against humanity’ in Maduro’s Venezuela

GENEVA (AP) — Independent experts for the U.N.’s top human rights body accused the government of Venezuelan President Nicolas Maduro on Wednesday of crimes...

Top EU official proposes new 2030 target to reduce emissions

BRUSSELS (AP) — The European Union's top official proposed a more ambitious target Wednesday for cutting greenhouse gas emissions in Europe, setting a reduction...

Japan exports fall 15% in August as pandemic pummels trade

MITO, Japan (AP) — Japan’s trade surplus widened in August as the pandemic pummeled a wide array of industries and sapped consumer demand. ...

Trump’s fossil fuel agenda gets pushback from federal judges

BILLINGS, Mont. (AP) — Federal courts have delivered a string of rebukes to the Trump administration over what they found were failures to protect...

US industrial production growth slows, up 0.4% in August

WASHINGTON (AP) — U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in...

Venezuela: captured US spy charged in alleged terrorist plot

CARACAS, Venezuela (AP) — Venezuela’s chief prosecutor on Monday said a U.S. citizen recently arrested in the country as a suspected spy has been...

Astronomers see possible hints of life in Venus’s clouds

Astronomers have found a potential sign of life high in the atmosphere of neighboring Venus: hints there may be bizarre microbes living in the...

OPEC cuts oil demand forecasts, BP sees ‘peak oil’ in 2020s

LONDON (AP) — Developing countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in...

Uganda, Tanzania agree to build long heated oil pipeline

KAMPALA, Uganda (AP) — The leaders of Uganda and Tanzania have signed an agreement for the construction of what they say will be the...

Average US gas price edges up 2 pennies to $2.26 per gallon

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline edged up about 2 cents over the past three weeks to $2.26 per...

Greece, Turkey signal willingness to talk about sea dispute

THESSALONIKI, Greece (AP) — Greece's prime minister welcomed the return of a Turkish survey ship to port Sunday from a disputed area of the...

EU force intercepts tanker with jet fuel headed to Libya

ROME (AP) — The European Union maritime force enforcing the U.N. arms embargo on Libya said Thursday it intercepted and redirected a tanker headed...

German study highlights carbon footprint of video streaming

BERLIN (AP) — Streaming high-definition videos and games can result in significant greenhouse gas emissions, depending on the technology used, according to a German...

Hurricane hit oil storage site, but no shortages expected

NEW ORLEANS (AP) — Hurricane Laura caused significant damage at a site holding about 30% of the nation’s store of emergency crude oil, but...

Tech chills spill into Asia, as shares sink across region

Asian shares declined on Wednesday after a sell-off of big technology stocks on Wall Street pulled U.S. benchmarks lower. Crude oil prices and Treasury...

Trump expands ban on new offshore drilling sites in Atlantic

JUPITER, Fla. (AP) — President Donald Trump expanded a ban on new offshore drilling Tuesday, an election-year reversal likely to appeal to voters in...

Diesel fuel found in ocean near Sri Lanka oil tanker fire

COLOMBO, Sri Lanka (AP) — An Indian coast guard aircraft sprayed a special chemical on a patch of diesel fuel near a large oil...

Lavrov: Russia ready to help ease Turkey-Greece tension

NICOSIA, Cyprus (AP) — Russia’s foreign minister said Tuesday that Moscow is ready to help ease rising tensions over Turkey's search for energy reserves...

Hospital: Russia’s Alexei Navalny out of coma, is responsive

BERLIN (AP) — Poisoned Russian opposition leader Alexei Navalny's condition has improved, allowing doctors to take him out of an induced coma, the German...

Greece to boost military amid tension with neighbor Turkey

ATHENS, Greece (AP) — Greece will be bolstering its military with new armament programs, a boost to military personnel and the development of the...

Germany ups pressure on Russia in Navalny poisoning probe

BERLIN (AP) — Germany on Sunday increased pressure on Russia over the poisoning of Russian opposition politician Alexei Navalny, warning that a lack of...

Fire on oil tanker off Sri Lanka extinguished after 3 days

COLOMBO, Sri Lanka (AP) — A fire on a large oil tanker drifting off Sri Lanka's coast was extinguished on Sunday after burning for...

Erdogan raises rhetoric in Greece standoff in Mediterranean

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan on Saturday warned Greece to enter talks over disputed eastern Mediterranean territorial claims or face...

Gas pipeline blast kills 16 praying at Bangladesh mosque

DHAKA, Bangladesh (AP) — An underground gas pipeline near a mosque exploded during evening prayers outside Bangladesh's capital, leaving 16 Muslim worshipers dead and...

Ships, copters fighting fire as tanker drifts near Sri Lanka

COLOMBO, Sri Lanka (AP) — Ships and aircraft from Sri Lanka and India intensified efforts to extinguish an oil tanker fire burning for a...

EPA chief pledges more cleanups, less focus on climate

Environmental Protection Agency chief...

NATO says Turkey, Greece agree to talks; Athens denies deal

ANKARA, Turkey (AP) —...

EU share of electric cars grew during virus lockdown months

FRANKFURT, Germany (AP) —...

Approvals for new oil and gas wells up in California

SAN FRANCISCO (AP) —...

Damaged Venezuelan oil tanker drawing international concern

CARACAS, Venezuela (AP) —...

Drilling, mines, other projects hastened by Trump order

BILLINGS, Mont. (AP) —...

The Latest: Australian hot spot extends state of emergency

MELBOURNE, Australia — Australia’s...

Oil companies accused of wanting to dump plastics in Africa

NAIROBI, Kenya (AP) —...

Tug responding to Mauritius oil spill sinks; 3 sailors dead

JOHANNESBURG (AP) — The...

Key air monitors offline after Laura hits Louisiana gas hub

Hazardous emissions from a...

Thousands march in Mauritius over dead dolphins, oil spill

JOHANNESBURG (AP) — Honking...

Germany’s Merkel: Don’t link Navalny case to pipeline plan

BERLIN (AP) — Germany...

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