Fire at Saudi oil company residential complex kills 7
By ADAM SCHRECK A large fire broke out Sunday in the basement of a sprawling residential complex in Saudi Arabia’s oil-rich east, killing at least seven people and injuring more…
Oil and gas industry
Global markets rebound as China cuts rates to help economy
By JOE McDONALD Global markets rebounded Tuesday after China’s central bank cut its key interest rate to support growth in the world’s second-largest economy. Earlier, China’s main stock index closed…
Global market plunge intensifies on fears over China
By ELAINE KURTENBACH World stock markets plunged and Wall Street was due to suffer heavy losses on Monday after China’s main index sank 8.5 percent amid fears over the health…
Clinton seeks distance from Obama on climate change issues
By JOSH LEDERMAN and KEN THOMAS Hillary Rodham Clinton is voicing opposition to President Barack Obama’s authorization for oil drilling in the Alaska Arctic and his delays on Keystone XL,…
Trump wants money from Mideast countries supported by US
Republican presidential candidate Donald Trump is outlining a foreign policy in which the United States would put ground troops in the fight against Islamic State militants and demand money from…
Keystone XL: US review taking 5 times longer than average
By JOSH LEDERMAN The federal review of the proposed Keystone XL oil pipeline from Canada to Texas has dragged on for nearly seven years, more than five times the average…
Argentine mayor: Pope Francis is game-changer for climate
The latest developments at the Vatican’s meeting of mayors on fighting climate change and human trafficking. All times local. ___ 4:25 p.m. Monica Fein came all the way from Pope…
BP to pay record $18.7 billion to states affected by spill
By KEVIN McGILL, REBECCA SANTANA and MICHAEL KUNZELMAN More than five years after the worst offshore oil spill in U.S. history fouled beaches, coated seabirds in thick goo and threatened…