Oil and gas industry

Flames and smoke emerge from the Philadelphia Energy Solutions Refining Complex in Philadelphia, Friday, June 21, 2019. (AP Photo/Matt Rourke)
June 21, 2019 - 12:42 pm
PHILADELPHIA (AP) — A fire and explosions at the largest oil refinery on the East Coast sent a massive fireball into the sky and shook nearby homes before dawn Friday, though authorities reported only a few minor injuries. The blaze broke out at the Philadelphia Energy Solutions Refining Complex...
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A currency trader reads documents at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 21, 2019. Shares retreated in Asia on Friday after a broad rally for stocks drove the S&P 500 index to an all-time high as weak manufacturing data from Japan helped dampen investor sentiment. (AP Photo/Ahn Young-joon)
June 21, 2019 - 7:12 am
BANGKOK (AP) — Global stock markets were subdued Friday as investors became more cautious after the S&P 500 hit a record close and amid heightened tensions in the Persian Gulf between the U.S. and Iran. The price of oil continued to rise. Major airlines on Friday began rerouting flights to...
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A TV reporter interviews self-employed logger Bridger Hasbrouck, of Dallas, Ore., outside the Oregon State House in Salem, Ore., on Thursday, June 20, 2019, the day the Senate is scheduled to take up a bill that would create the nation's second cap-and-trade program to curb carbon emissions. Senate Republicans, however, pledged to walk out so there wouldn't be enough lawmakers present for a vote on House Bill 2020, which is extremely unpopular among loggers, truckers and many rural voters. (AP Photo/Gillian Flaccus)
June 20, 2019 - 4:56 pm
SALEM, Ore. (AP) — Oregon Gov. Kate Brown deployed the state police Thursday to try to round up Republican lawmakers who fled the Capitol to block a vote on a landmark economy-wide climate plan that would be the second of its kind in the nation. Minority Republicans want the cap-and-trade proposal...
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Trader Joseph Lawler works on the floor of the New York Stock Exchange, Thursday, June 20, 2019. (AP Photo/Richard Drew)
June 20, 2019 - 10:36 am
NEW YORK (AP) — An early surge on the stock market Thursday put the S&P 500 index within range of another record high. The S&P 500 rose 0.6% as of 11:20 a.m. Eastern time and was slightly below the record close it reached April 30. The index has now erased most of its losses from May, when...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Thursday, June 20, 2019. Asian shares were higher on Thursday, with the Shanghai benchmark up 2.6%, after the Federal Reserve reaffirmed that it’s prepared to cut interest rates if needed to shield the U.S. economy from trade conflicts or other threats. (AP Photo/Mark Schiefelbein)
June 20, 2019 - 6:59 am
BANGKOK (AP) — Global markets advanced Thursday on hopes for a trade truce between the United States and China and the Federal Reserve's hint at lower rates. The price of oil surged amid heightened tensions between Iran and the U.S. Confirmation of a meeting between President Donald Trump and his...
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FILE - In this Nov. 26, 2018, file photo, a Pacific Gas & Electric lineman works to repair a power line in fire-ravaged Paradise, Calif. Pacific Gas & Electric said Wednesday, June 19, 2019, that it discovered around 1,000 high-priority safety risks on its transmission lines and distribution poles over several months of inspections, though several have been fixed. A PG&E official said most of the problems have been fixed. (AP Photo/Rich Pedroncelli, File)
June 19, 2019 - 7:57 pm
SACRAMENTO, Calif. (AP) — Pacific Gas & Electric Corp. officials said Wednesday its workers discovered more than 1,000 high-priority safety risks on its transmission lines and distribution poles over several months of inspections and almost all of them have been fixed. Some of the transmission...
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FILE - In this April 30, 2007, file photo, a shovel prepares to dump a load of coal into a 320-ton truck at the Arch Coal Inc.-owned Black Thunder mine in Wright, Wyo. Two of the world's largest coal producers have announced a plan to combine their mining operations in Wyoming and Colorado in a bid to improve their competitiveness against growing natural gas and renewable energy sources. Arch Coal and Peabody Energy, both based in St. Louis on Wednesday, June 19, 2019, announced the joint venture. It will be 66.5% owned by Peabody and 33.5% owned by Arch. (AP Photo/Matthew Brown, File)
June 19, 2019 - 12:26 pm
Two of the world's largest coal producers have announced they will combine mining operations in Wyoming and Colorado in an attempt to improve their competitiveness against natural gas and renewable energy sources. Arch Coal and Peabody Energy are based in St. Louis and announced the joint venture...
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Cmdr. Sean Kido of the U.S. Navy's 5th Fleet talks to journalists at a 5th Fleet Base near Fujairah, United Arab Emirates, Wednesday, June 19, 2019. Cmdr. Kido said Wednesday that damage done last week to the Kokaku Courageous was "not consistent with an external flying object hitting the ship." (AP Photo/Kamran Jebreili)
June 19, 2019 - 8:03 am
U.S. NAVY 5TH FLEET BASE NEAR FUJAIRAH, United Arab Emirates (AP) — The limpet mines used to attack a Japanese-owned oil tanker near the Strait of Hormuz last week bore "a striking resemblance" to similar mines displayed by Iran, a U.S. Navy explosives expert said Wednesday, stopping short of...
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Liberal Party, of Canada Leader Justin Trudeau, speaks to supporters as Marc Miller, MP of Ville-Marie-Le Sud-Ouest-Ile-des-Soeurs, looks on during an armchair discussion at an open Liberal Party fundraising event in Montreal, Quebec, Monday, June 17, 2019. (Peter McCabe/The Canadian Press via AP)
June 18, 2019 - 3:51 pm
TORONTO (AP) — Canada's federal government has once again approved the contentious Trans Mountain pipeline expansion that would nearly triple the flow of oil from the Alberta oil sands to the Pacific Coast. The approval Tuesday comes 10 months after the Federal Court of Appeal halted the project...
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Trader Neil Catania works on the floor of the New York Stock Exchange, Tuesday, June 18, 2019. Stocks are opening higher on Wall Street following big gains in Europe after the head of the European Central Bank said it was ready to cut interest rates and provide more economic stimulus if necessary. (AP Photo/Richard Drew)
June 18, 2019 - 3:48 pm
Potentially encouraging news on trade and interest rates put Wall Street in a buying mood Tuesday, driving the market to solid gains and sending the Dow Jones Industrial Average 350 points higher. Technology stocks powered much of the rally as investors welcomed news that the leaders of the U.S...
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