Oil and gas industry

In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks in a public gathering at the city of Yazd, some 410 miles (680 kilometers) southeast of the capital Tehran, Iran, Sunday, Nov. 10, 2019. Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude oil, Rouhani said Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions. (Office of the Iranian Presidency via AP)
November 10, 2019 - 2:54 pm
TEHRAN, Iran (AP) — Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions. The announcement by Hassan...
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A man walks near a compound for Saudi Aramco in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Amr Nabil)
November 10, 2019 - 4:51 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil giant Aramco released a lengthy document late Saturday that lays the ground for investors to buy into the world's most profitable company, but it remains unknown how much is on offer. In its preliminary prospectus, Aramco revealed...
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FILE - In this Monday, Oct. 28, 2019 file photo, U.S. forces patrol Syrian oil fields, in eastern Syria.President Donald Trump's decision to dispatch new U.S. forces to eastern Syria to secure oil fields is being criticized by some experts as ill-defined and ambiguous. But the residents of the area, one of the country's most remote and richest regions, hope the U.S. focus on eastern Syria would bring an economic boon and eliminate what remains of the Islamic State group. (AP Photo/Baderkhan Ahmad, File)
November 08, 2019 - 11:20 am
BEIRUT (AP) — As U.S. troops beef up in eastern Syria to protect oil fields, residents hope their mission will bring stability and prosperity to the remote and resource-rich region —and keep the Syrian government out. Their hopes reflect the expectations being piled onto the operation, even as...
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Ted Wells, Jr., left, the lead attorney for Exxon, leaves Manhattan Supreme court with a colleague Thursday, Nov. 7, 2019, in New York. New York's attorney general is accusing Exxon Mobil of misleading investors about how profitable the company will remain as governments impose stricter regulations to combat global warming. (AP Photo/Frank Franklin II)
November 07, 2019 - 1:34 pm
NEW YORK (AP) — Climate change may be the defining risk for oil and gas companies in coming decades, and attorneys for New York state are saying Exxon Mobil misled investors about how it was handling that risk. The state made closing arguments Thursday in a case that accused the energy giant of...
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Hungarian Prime Minister Viktor Orban, right, welcomes Turkish President Recep Tayyip Erdogan before a meeting, in Budapest, Hungary, Thursday, Nov. 7, 2019. Erdogan is on a one-day state visit to Hungary. (Presidential Press Service via AP, Pool)
November 07, 2019 - 12:22 pm
BUDAPEST, Hungary (AP) — Hungary plans to be able to get natural gas from the TurkStream pipeline by the end of 2021, Prime Minister Viktor Orban said Thursday after hosting a meeting with Turkish President Recep Tayyip Erdogan. Hungary depends greatly on natural gas from Russia. It now arrives...
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November 07, 2019 - 7:28 am
PARIS (AP) — Oil company Total says it has signed an agreement to pay 100 million euro ($111 million) toward the reconstruction of Paris' Notre Dame Cathedral that it pledged shortly after April's devastating fire. Total CEO Patrick Pouyanne signed an accord Thursday with the Heritage Foundation,...
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Bento Albuquerque, minister of mines and energy, speaks during an oil auction in Rio de Janeiro, Brazil, Wednesday, Nov. 6, 2019. Brazil is holding one of the world's biggest-ever oil auctions, with oil majors bidding on fields currently operated by state-run Petrobras. (AP Photo/Leo Correa)
November 06, 2019 - 1:48 pm
RIO DE JANEIRO (AP) — Brazil awarded two of the four blocks on offer in its priciest oil auction since 2010 on Wednesday, securing about $17 billion dollars but falling short of government expectations. The highly anticipated tender had captured the attention of some of the world's biggest oil...
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U.S. military convoy drives the he town of Qamishli, north Syria, by a poster showing Syrain President Bashar Aassad Saturday, Oct. 26. 2019. A U.S. convoy of over a dozen vehicles was spotted driving south of the northeastern city of Qamishli, likely heading to the oil-rich Deir el-Zour area where there are oil fields, or possibly to another base nearby. The Syrian Observatory for Human Rights, a war monitor, also reported the convoy, saying it arrived earlier from Iraq. (AP Photo/Baderkhan Ahmad)
November 05, 2019 - 5:16 pm
WASHINGTON (AP) — President Donald Trump has approved an expanded military mission to secure an expanse of oil fields across eastern Syria, raising a number of difficult legal questions about whether U.S. troops can launch strikes against Syrian, Russian or other forces if they threaten the oil, U...
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Protesters stage a sit-in under a bridge that leads to the Green Zone where many government offices and embassies are located, during ongoing anti-government protests in Baghdad, Iraq, Tuesday, Nov. 5, 2019. (AP Photo/Hadi Mizban)
November 05, 2019 - 3:30 pm
BAGHDAD (AP) — At least three anti-government protesters have been killed in clashes with security forces in southern Iraq, officials said Tuesday, as authorities tried to reopen the country's main port, which had been blocked by demonstrators for three days. Security and medical officials said a...
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This Monday, Nov. 4, 2019, photo shows cargo cranes at the Port of Tacoma in Tacoma, Wash. On Tuesday, Nov. 5, the Commerce Department reports on the U.S. trade gap for September. (AP Photo/Ted S. Warren)
November 05, 2019 - 10:41 am
WASHINGTON (AP) — The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports and America ran a rare surplus in petroleum. The Commerce Department said Tuesday that the September gap between what America buys from abroad and what it sells...
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