Posts by Author

Associated Press

Caption


Democratic U.S. Sen. Bob Menendez stands behind a Protect Our Coast sign, as he addresses a large rally opposing federal plans that would allow oil and gas drilling in the Atlantic Ocean, Sunday, Jan. 31, 2016, in Asbury Park, N.J. U.S. Sens. Menendez and Cory Booker and Rep. Frank Pallone, Jr., were among those who cited the potential for "catastrophic" oil spills that could cause economic and environmental harm at the Jersey shore. (AP Photo/Mel Evans)

Lawmakers, officials voice opposition to Atlantic drilling

on
Officials from several New Jersey shore towns joined with some members of the state’s congressional delegation Sunday to oppose federal plans that would allow oil and gas drilling in the Atlantic Ocean.
U.S. Department of the Interior  logo

U.S. to halt approvals of hydraulic fracturing off California coast

on
The government will study whether the practice is safe for the environment.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Jan. 20, 2016. U.S. stocks surged back to pare the biggest one-day selloff in five months, with the Dow Jones Industrial Average cutting a loss of 550 points by two-thirds as investors speculated the rout that's wiped more than $15 trillion from global equities has gone too far too fast. Photographer: Michael Nagle/Bloomberg

U.S. stocks open higher on earnings, oil prices

on
The price of oil rose 6 percent Thursday as the Russian government continued talks with Saudi Arabia and OPEC about cutting production.
(Dean Musgrove/Los Angeles Daily News via AP, Pool, File)

Air regulators sue SoCalGas over months-long well leak

on
The South Coast Air Quality Management District sued the utility for creating a public nuisance. The lawsuit, filed in Los Angeles County Superior Court, further contends that “as a result of their negligence, people were injured,” said Kurt Wiese, the agency’s general counsel.
Iran's President Hassan Rouhani gestures at the conclusion of his press conference, in Tehran, Iran, Sunday, Jan. 17, 2016. The implementation of a historic nuclear deal with world powers is expected to pave the way for a new economic reality in Iran, now freed from harsh international sanctions. On Sunday Rouhani presented parliament with a draft budget that plans for an economic windfall even as it reduces reliance on oil revenues. (AP Photo/Ebrahim Noroozi)

Iran signs flurry of business deals as leader visits Europe

on
Some business deals are ready to be inked but others are still in negotiation as a few sanctions not related to the nuclear program remain in place, particularly by the U.S., on the trade of goods that could be used for military or intelligence purposes.
NEW YORK, NY - JANUARY 04:  A trader works on the floor of the New York Stock Exchange during the morning of January 4, 2016 in New York City. Today marks the first day of trading for the New York Stock Exchange; the market dove over 400 points upon opening.  (Photo by Andrew Burton/Getty Images)

Stocks rise with oil prices, consumer and bank stocks climb

on
Higher oil prices and some positive earnings news from U.S. companies are helping to send the stock market higher.
Snow is cleared outside of the U.S. Supreme Court in Washington, Jan. 23, 2016. A huge winter storm pounded the East Coast on Saturday, bringing one of the most populated stretches of the country to a near standstill. (Zach Gibson/The New York Times)

High court upholds government’s energy conservation program

on
The justices ruled 6-2 on Monday that the Federal Energy Regulatory Commission had the authority to issue directives aimed at conserving energy and preventing blackouts.
NEW YORK, NY - JANUARY 13:  Traders work on the floor of the New York Stock Exchange (NYSE) on January 13, 2016 in New York City. The Dow Jones industrial average fell over 350 points today as markets continued to react to falling oil prices and the uncertainty in the economic outlook in China.  (Photo by Spencer Platt/Getty Images) ***BESTPIX***

Energy stocks lead an early decline in U.S. as oil price falls

on
Chevron fell 2 percent shortly after the opening bell Monday and Exxon Mobil lost more than 1 percent.
Saudi Aramco CEO Khalid Al-Falih said in an exclusive interview with the Houston Chronicle that hackers present major threats to oil companies. (Photo: Johnny Hanson/Houston Chronicle).

Saudi Aramco chairman defends oil giant’s possible IPO move

on
Khalid al-Falih said the potential listing of the world’s largest oil producer “is not for cash” but a “sign of the times.”
Two women sit outside the offices of the National Energy Board after locking themselves to the doors by placing bike locks around their necks, to protest the Kinder Morgan Trans Mountain Pipeline expansion, in Vancouver, Canada, on Monday, Jan. 18, 2016. The proposed $5-billion expansion would nearly triple the capacity of the pipeline that carries crude oil from near Edmonton to the Vancouver area to be loaded on tankers and shipped overseas. (Darryl Dyck/The Canadian Press via AP)

US tribes oppose massive pipeline expansion in Canada

on
Kinder Morgan’s Trans Mountain project would nearly triple pipeline capacity from 300,000 to 890,000 barrels of crude oil a day. It would carry oil from Alberta’s oil sands to the Vancouver area to be loaded on to barges and tankers for Asian and U.S. markets.