Oil and gas refining

In this April 29, 2020 photo, Venezuelan shipping magnate Wilmer Ruperti smokes a cigarette during an interview in Caracas, Venezuela. As a result of U.S. sanctions on Venezuela, a high-stakes legal fight in U.S. federal court is pitting Ruperti against Greek shipping magnate Evangelos Marinakis, in connection with oil tanker Alkimos carrying high octane gasoline estimated to be worth millions. (AP Photo/Scott Smith)
June 30, 2020 - 9:29 am
MIAMI (AP) — For two months, the Malta-flagged oil tanker Alkimos has been quietly floating off the Gulf Coast of Texas, undisturbed by the high-stakes legal fight playing out in a federal courtroom as a result of American sanctions on Venezuela. The commercial dispute, which hasn’t been previously...
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In this Monday June 8, 2020 photo a nozzle valve is attached to the dispenser of a hydrogen filling station in Dresden Germany. The German government is to agree its national hydrogen strategy for the coming decades, part of a plan to reduce the country's dependence on fossil fuels. (Sebastian Kahnert/dpa via AP)
June 10, 2020 - 7:43 am
BERLIN (AP) — The German government agreed Wednesday on a long-term strategy for increasing production and use of hydrogen as part of a plan to cut the country’s greenhouse gas emissions. While hydrogen is currently produced almost exclusively from fossil fuels, the government wants to encourage...
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FILE - In this March 4, 2020 file photo, opposition leader Juan Guaido listens during a legislative session being held at a religious, private school in Caracas, Venezuela, an alternative location due to the government continuously blocking their access to National Assembly chambers. Guaidó said Monday, May 11, 2020 that two U.S.-based political advisers have resigned following a failed incursion into Venezuela aimed at capturing President Nicolás Maduro. (AP Photo/Ariana Cubillos, File)
May 26, 2020 - 7:55 pm
MIAMI (AP) — When the U.S. recognized Venezuelan opposition leader Juan Guaidó as the nation's rightful leader last year it did more than just trigger a bitter feud with socialist leader Nicolás Maduro. Increasingly, it's also unleashing a torrent of lawsuits. The latest came Tuesday, when the...
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FILE - In this April 30, 2017 file photo, released by an official website of the office of the Iranian Presidency, Iranian President Hassan Rouhani, center, inaugurates the Persian Gulf Star Refinery in Bandar Abbas, Iran. Five Iranian tankers likely carrying at least $45.5 million worth of gasoline and similar products are now sailing to Venezuela as of Sunday, May 17, 2020, part of a wider deal between the two U.S.-sanctioned nations amid heightened tensions between Tehran and Washington. Analysts say the gasoline they carry came from the Persian Gulf Star Refinery. (Iranian Presidency Office via AP, File)
May 17, 2020 - 1:14 pm
DUBAI, United Arab Emirates (AP) — Five Iranian tankers likely carrying at least $45.5 million worth of gasoline and similar products are now sailing to Venezuela, part of a wider deal between the two U.S.-sanctioned nations amid heightened tensions between Tehran and Washington. The tankers'...
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FILE - This Oct. 8, 2019, file photo the logo for Chevron appears above a trading post on the floor of the New York Stock Exchange. Chevron turned a profit in the first quarter. But the company warned, Friday, May 1, 2020, its financial picture is likely to be depressed in the future because of reduced demand caused by the coronavirus. (AP Photo/Richard Drew, File)
May 01, 2020 - 8:39 am
NEW YORK (AP) — Chevron turned a profit in the first quarter. But the company warned its financial picture is likely to be depressed in the future because of reduced demand caused by the coronavirus. The San Ramon, California-based oil producer brought in $3.6 billion in profits, up 36% from the...
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April 19, 2020 - 3:17 am
UNITED NATIONS (AP) — U.N. experts have recommended blacklisting 14 vessels for violating sanctions against North Korea in a report that accuses the country of increasing illegal coal exports, imports of petroleum products and continuing with cyber attacks on financial institutions and...
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FILE —This file photo from Oct. 3, 2019 shows cranes as they work on construction of the Shell Pennsylvania Petrochemicals Complex and ethylene cracker plant located in Potter Township, Pa. Under mounting pressure from state and local officials, Shell announced it is suspending construction at its massive manufacturing complex in western Pennsylvania. The company said Wednesday, March, 18, 2020 that it's temporarily halting work at its soon-to-be-completed plant which will turn the area's vast natural gas deposits into plastics. The shutdown takes effect immediately. (AP Photo/Keith Srakocic, File)
April 16, 2020 - 9:33 am
BERLIN (AP) — Energy company Royal Dutch Shell told investors Thursday that it aims to stop adding greenhouse gases to the atmosphere by 2050, a move that was welcomed by some climate campaigners even as others called it “corporate greenwash.” The British-Dutch oil and gas giant said in a statement...
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FILE - This Dec. 12, 2018, file photo shows traffic on the Hollywood Freeway in Los Angeles. The Trump administration is rolling back tough Obama-era mileage standards and gutting one of the United States' biggest efforts to slow climate change. The administration released its relaxed mileage rules Tuesday. (AP Photo/Damian Dovarganes, File)
March 30, 2020 - 4:45 pm
WASHINGTON (AP) — President Donald Trump is poised to roll back ambitious Obama-era vehicle mileage standards and raise the ceiling on damaging fossil fuel emissions for years to come, gutting one of the United States' biggest efforts against climate change. The Trump administration is expected to...
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FILE - This photo provided by the New York Stock Exchange shows the unoccupied NYSE trading floor, closed temporarily for the first time in 228 years as a result of coronavirus concerns, Tuesday March 24, 2020. Global stocks and U.S. futures declined Thursday after the U.S. Senate approved a proposed $2.2 trillion virus aid package following a delay over its details and sent the measure to the House of Representatives. (Kearney Ferguson/NYSE via AP, File)
March 26, 2020 - 1:34 pm
NEW YORK (AP) — The Latest on the action in the financial markets (all times local): 1:15 p.m. Agricultural and heavy equipment makers are in for a rough year as the virus pandemic delivers a sting to an industry trying to recover form a trade war. Jefferies analyst Stephen Volkmann slashed his...
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March 13, 2020 - 10:27 pm
SANTA BARBARA, Calif. (AP) — The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 will pay $60 million to to settle allegations that it violated safety laws, the U.S. Environmental Protection Agency announced Friday. Texas-based Plains...
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