Oil and gas exploration and extraction

June 29, 2020 - 11:36 am
BRUSSELS (AP) — The European Union on Monday prolonged economic sanctions against Russia for six months for failing to live up to its commitments to the peace agreement in Ukraine. The measures target Russia’s financial, energy and defense sectors, as well as goods that can be used for both...
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FILE - In this April 23, 2010, file photo, workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa., in Bradford County. Chesapeake Energy, a shale drilling pioneer that helped to turn the United States into a global energy powerhouse, has filed for bankruptcy protection. The Oklahoma City-based company said Sunday, June 28, 2020, that it was a necessary decision given its debt. Its debt load is currently nearing $9 billion. (AP Photo/Ralph Wilson, File)
June 28, 2020 - 4:49 pm
NEW YORK (AP) — Chesapeake Energy, a shale drilling pioneer that helped to turn the United States into a global energy powerhouse, has filed for bankruptcy protection. The Oklahoma City-based company said Sunday that it was a necessary decision given its debt. Its debt load is currently nearing $9...
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Rain clouds hover over mountains during tropical storm Amanda in Barberena, eastern Guatemala, Sunday, May 31, 2020. The first tropical storm of the Eastern Pacific season drenched parts of Central America on Sunday and officials in El Salvador said at least seven people had died in flooding. (AP Photo/Moises Castillo)
June 03, 2020 - 2:35 pm
MEXICO CITY (AP) — Tropical Storm Cristobal made landfall in Mexico’s Gulf coast state of Campeche Wednesday, dumping heavy rain on the already soaked region ahead of an expected eventual turn toward the United States, the U.S. National Hurricane Center said. The Mexican army evacuated 138 people...
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FILE In this April 21, 2020 file photo, a pumpjack is pictured as the sun sets in Oklahoma City. Google says it won’t build custom artificial intelligence tools for speeding up oil and gas extraction, taking an environmental stance that distinguishes it from cloud computing rivals Microsoft and Amazon. The announcement followed a Greenpeace report on Tuesday, May 19, that documents how the three tech giants are using AI and computing power to help oil companies find and access oil and gas deposits in the U.S. and around the world. (AP Photo/Sue Ogrocki File)
May 19, 2020 - 2:06 pm
Google says it will no longer build custom artificial intelligence tools for speeding up oil and gas extraction, separating itself from cloud computing rivals Microsoft and Amazon. A statement from the company Tuesday followed a Greenpeace report that documents how the three tech giants are using...
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Los Angeles Police Department officers work the scene of a structure fire that injured multiple firefighters, according to a fire department spokesman, Saturday, May 16, 2020, in Los Angeles. (AP Photo/Mark J. Terrill)
May 17, 2020 - 6:21 pm
LOS ANGELES (AP) — Police and fire investigators launched a criminal probe Sunday into the cause of an explosion at a hash oil manufacturer in downtown Los Angeles that sent firefighters running for their lives. Detectives from the Los Angeles Police Department's major crimes division were working...
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Los Angeles Fire Department firefighters push ambulance cots at the scene of a structure fire that injured multiple firefighters, according to a fire department spokesman, Saturday, May 16, 2020, in Los Angeles. (AP Photo/Damian Dovarganes)
May 17, 2020 - 7:39 am
LOS ANGELES (AP) — An explosion Saturday at a hash oil manufacturer in downtown Los Angeles injured 11 firefighters who had gone inside and on the roof to try to knock down a fire and then had to run for their lives when a ball of flames shot out the building and scorched a fire truck across the...
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In this Thursday, April 30, 2020, photo storage tanks at a refinery along the Houston Ship Channel are seen with downtown Houston in the background. Like in other cities, the coronavirus has shut down much of Houston's economic activity, slashing thousands of jobs, while at the same time, the price of oil plunged below zero recently as demand plummeted due to the worldwide lockdown to stop the spread of the virus. This one-two punch from COVID-19 and the collapse in oil prices will make it much harder for Houston to recover from a looming recession, according to economists. (AP Photo/David J. Phillip)
May 14, 2020 - 1:33 pm
Almost 75% of small businesses applied for help from a federal loan program designed to keep workers employed during the coronavirus pandemic, but only 38% of small businesses received any money, according to results from a U.S. Census Bureau survey released Thursday. Oil extraction and mining...
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May 14, 2020 - 11:39 am
COPENHAGEN, Denmark (AP) — Norway’s wealth fund, which wants to become one of the most ethical investors in the world, is dropping its investment in several major mining and fossil fuel companies after they failed to meet its environmental standards. The list also included Germany utility giant and...
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May 04, 2020 - 1:09 pm
ATHENS, Greece (AP) — Environmental groups in Greece are urging the public to join a campaign against plans by the center-right government to overhaul offshore oil and gas exploration rules, which authorities argue will help the country end its dependence on coal. The proposed changes are due to be...
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This Sunday, April 26, 2020, photo shows gas prices displayed at a gas station in Hattiesburg, Miss. With a barrel of crude oil costing less than a New York pizza, many U.S. shale producers are being pushed to the brink of bankruptcy and experts are wondering when, and if, the oil industry will recover. The price of benchmark U.S. crude oil closed at $12.34 a barrel Tuesday, April 28. At the start of the year, the price was around $60. (AP Photo/Rogelio V. Solis)
April 29, 2020 - 10:18 am
NEW YORK (AP) — With a barrel of crude oil costing less than a New York pizza, many U.S. shale producers are being pushed to the brink of bankruptcy and experts are wondering when, and if, the oil industry will recover. The price of benchmark U.S. crude oil closed at $12.34 a barrel Tuesday. At the...
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