In our news wrap Monday, besieged drugmaker Purdue Pharma has filed for federal bankruptcy protection. The move was part of a plan by the manufacturer of OxyContin to settle thousands of lawsuits stemming from the opioid crisis. Also, after more…
Airstrikes on Saudi oil facilities over the weekend disrupted markets and increased tensions between the U.S. and Iran. The U.S. blames Tehran for the attacks and has reportedly shared intelligence with Saudi Arabia to back up the assertion. Lisa Desjardins…
By Aritz Parra, Jon Gambrell, Associated Press
Authorities in Gibraltar said they intercepted an Iranian supertanker Thursday that was believed to be breaching European Union sanctions by carrying a shipment of Tehran's crude oil to war-ravaged Syria.
By Student Reporting Labs
There are thousands of jobs in the oil and gas industry in West Virginia and the recent growth in natural gas pipeline construction is giving young West Virginians economic incentive to stay in the state. But as Student Reporting Labs'…
In our news wrap Friday, the House Judiciary and Oversight Committees interviewed former FBI director James Comey in a closed-door deposition, as House Republicans investigate FBI actions during the 2016 presidential campaign. Plus, the man who killed a woman after…
By Maria Danilova, Associated Press
Placement on the list prohibits American entities or citizens from dealing with the companies and blocks any of the companies' U.S. assets. In Moscow, officials dismissed the sanctions as illegal.
Russian President Vladimir Putin said Wednesday that President Donald Trump should “look in the mirror” to find the culprit behind rising oil prices.
By Sam Mednick, Associated Press
Civil war-torn South Sudan says it will resume oil production in a key region next month to make up for more than $4 billion of revenue lost during years of fighting.
By David Koenig, Associated Press
The latest forecast from the U.S. Energy Information Administration predicts that U.S. output will grow next year to 11.8 million barrels a day, putting it at the top of the global list for the first time since the 1970s.
By Associated Press
The Trump administration on Friday proposed to rewrite or kill rules on offshore oil and gas drilling that were imposed after the deadly 2010 rig explosion and oil spill in the Gulf of Mexico.
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