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Author Archives: Ben Karkela

Kuwait’s oil minister urges striking union to resume work

Kuwait's oil minister urges striking union to resume work

KUWAIT CITY (AP) — Kuwait’s acting oil minister has urged striking union workers to get back to their jobs, promising the government will not reduce their “core benefits.” The statement by Anas al-Saleh, who’s also finance minister, was carried on the official Kuwait News Agency Monday. Thousands of workers in six oil and petrochemical companies went on strike Sunday to ...

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French courts caught up in Yukos vs. Russia assets fight

French courts caught up in Yukos vs. Russia assets fight

PARIS (AP) — The fight between Russia’s government and magnate Mikhail Khodorkovsky’s dismantled Yukos oil company has spread to courtrooms across Europe — and even into space. France has seen multiple court cases in recent months that had entangled rocket and satellite builders and others, in Yukos’ efforts to recover money it says the Kremlin unfairly appropriated. Former Yukos shareholders ...

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US stocks recover, oil prices drop after Doha meeting

US stocks recover, oil prices drop after Doha meeting

U.S. stocks moved higher in morning trading Monday, recovering from an early slump after major oil-producing nations failed to hammer out a deal over the weekend to cut oil production, sending oil prices lower. Consumer discretionary and financial companies were among the biggest gainers. KEEPING SCORE: The Dow Jones industrial average rose 45 points, or 0.3 percent, to 17,943 as ...

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Top Marcellus news stories: April 8-15

Review the top Marcellus news stories from the past week. During a swing through New York, presidential candidate Bernie Sanders said he wants to eliminate fracking, and tragedy struck the oil industry as two workers were killed while repairing a Texas pipeline. 5.) Chevron announces more Houston job cuts Chevron plans to cut 655 Houston jobs as part of a ...

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Top Eagle Ford news stories: April 8-15

Eagle Ford news

A variety of headlines hit the site this week. Trade, tragedies, theft and more. Take a look at the top Eagle Ford news stories from the past week. 5.) Stricter offshore drilling rules issued, upsetting industry NEW ORLEANS (AP) — The Obama administration issued new rules Thursday to make oil and natural gas offshore drilling equipment safer and to reduce ...

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EPA: No changes to federal lead water rule until next year

WASHINGTON (AP) — The Environmental Protection Agency’s top water regulator said Wednesday that officials are working urgently to strengthen a federal rule limiting lead and copper in drinking water — a key focus in the ongoing lead-contamination crisis in Flint, Michigan. But Joel Beauvais, acting chief of the EPA’s water office, said proposed changes will not be released until next ...

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