Home / News (page 24)

News

Thousands of Venezuelans stream over border to Colombia

BOGOTA, Colombia (AP) — Tens of thousands of Venezuelans streamed across bridges into Colombia over the weekend after Venezuela briefly lifted a year-old border closure to allow people to buy food and medicine. Colombian authorities said 35,000 Venezuelans made the trip Sunday during the 12-hour border opening. The dramatic scenes of the elderly and mothers storming Colombian supermarkets were a ...

Read More »

Italy’s Eni says drilling off Cyprus to start next year

Cyprus, offshore oil drilling

NICOSIA, Cyprus (AP) — The chief executive of Italian oil and gas company Eni says exploratory drilling off Cyprus’ southern shore will begin next year. Claudio Descalzi said after talks with Cypriot President Nicos Anastasiades Tuesday that drilling will “for sure” start in 2017. Descalzi said the eastern Mediterranean’s gas potential is “becoming more and more important” following the recent ...

Read More »

Group advises North Dakota budget use lower oil projections

North Dakota, budget projections

BISMARCK, N.D. (AP) — An advisory group of North Dakota lawmakers, state officials and business leaders has recommended much lower projections for oil prices and production when crafting budgets. A dramatic drop in North Dakota tax collections due to depressed oil and farm commodity prices has North Dakota scrambling to make up for millions of dollars in potential shortfalls. State ...

Read More »

Judge approves deal in methane pollution lawsuit

BILLINGS, Mont. (AP) — An agreement between the U.S. government and environmentalists who sued over greenhouse gas emissions from federal oil and gas leases in Montana has been approved by a judge. U.S. District Judge Sam Haddon issued an order on Thursday finalizing the agreement. It allows drilling to proceed on two dozen oil and gas leases with only minimal ...

Read More »

Nigerian oil militants claim attack on Agip pipeline

nigerian oil militants, nigeria pipeline attack

WARRI, Nigeria (AP) — Nigerian oil militants say they have blown up a crude oil pipeline belonging to Italian oil company Agip in Bayelsa state. The Niger Delta Avengers made the claim on their website Friday. Such attacks targeting the oil industry in the Niger Delta have caused Nigeria to lose its position as Africa’s largest oil producer. Desmond Agu, ...

Read More »

Quebec town ravaged by train fire wants rail to bypass it

Lac-Megantic Quebec, derailment

LAC MEGANTIC, Quebec (AP) — A runaway oil train brought death and destruction to this tiny community in Quebec, killing 47 people and destroying dozens of buildings. Three years later, trains still roll through downtown, just feet from restaurants and shops. Residents who see them as a haunting reminder of the conflagration want trains re-routed around the town, and a ...

Read More »

Chevron, Exxon and others to spend $36.8B in Kazakhstan

oil exploration, Kazakhstan

NEW YORK (AP) — Chevron, Exxon Mobil and its other partners say they will spend $36.8 billion to develop more oil in Kazakhstan. The project is expected to increase production to about 1 million barrels of oil equivalent per day in 2022. Chevron, Exxon Mobil and its partners are forming a venture called Tengizchevroil. Chevron owns 50 percent of Tengizchevroil. ...

Read More »

AP Interview: Jordan eager to reach nuclear deal with US

Jordan, nuclear program.

AMMAN, Jordan (AP) — Jordan is eager to reach a nuclear cooperation deal with the United States after a long impasse over uranium enrichment and both sides appear ready to compromise, the kingdom’s nuclear chief said. An agreement would give Jordan access to U.S. technology, including small modular reactors that could fit well into the country’s fledgling nuclear energy program, ...

Read More »