oil and gas industry

Iran intensifies attacks on Gulf energy sites after Israel struck its key gas field

By Jon Gambrell, David Rising, Mike Corder, Natalie Melzer, Associated Press

The strikes, in retaliation for an Israeli attack on a key Iranian gas field, sent fuel prices soaring and risked drawing Iran’s Arab neighbors directly into the conflict.

Trump suggests high oil prices are a positive after bragging about low gas prices last month

By Josh Boak, Associated Press

The about-face comes as Trump's team has struggled to offer a clear plan for opening up the critical Strait of Hormuz so that tankers full of oil and natural gas are no longer stranded.

Should drivers turn to EVs as the war spikes gas prices? Here's what to know

By Alexa St. John, Tammy Webber, Associated Press

Drivers of gas-powered vehicles are much more vulnerable to fluctuating prices that result from global conflict than those who charge their cars.

The Iran war and surging oil prices are affecting consumers. Here's how

By Cathy Bussewitz, Mae Anderson, Christopher Rugaber, Associated Press

You don't have to drive a car to be affected.

Wealthy nations pledge a record release of emergency oil reserves in bid to calm surging prices

By Samuel Petrequin, Kirsten Grieshaber, Associated Press

The Paris-based organization said it will make 400 million barrels of oil available from its members’ emergency reserves.

WATCH: Trump meets with oil executives to seek investments in Venezuela

By Josh Boak, Aamer Madhani, Associated Press

President Donald Trump on Friday called on oil executives to rush back into Venezuela as the White House looks to quickly secure $100 billion in investments to revive the country's ability to fully tap into its expansive reserves of petroleum.

U.S. intercepts 5th sanctioned tanker as it exerts control over Venezuelan oil distribution

By Konstantin Toropin, Aamer Madhani, Associated Press

U.S. forces boarded another oil tanker in the Caribbean Sea, according to the U.S. military on Friday, as the Trump administration continues to target sanctioned tankers traveling to and from Venezuela.

Venezuelans struggle with crumbling economy as Trump promises economic renaissance

By Regina Garcia Cano, Matt Sedensky, Associated Press

Venezuelans digesting news of the United States’ brazen capture of former President Nicolás Maduro are hearing grandiose promises of future economic prowess even as they live through the crippling economic realities of today.

Trump has vowed to 'unleash' oil and gas drilling. Workers in Oklahoma hope for a boom

By Adam Kemp

As President Trump is promising to "unleash" oil and gas production, employees in that industry are wondering if that'll mean more work for them.

Here are the key takeaways from Monday at the UN climate conference

By Michael Phillis, Associated Press

The president of the talks, Sultan al-Jaber of the host United Arab Emirates, was on the defensive after video circulated of him questioning plans to phase out fossil fuels.