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Colorado oil tank blast kills worker, spurs safety questions

Fri, 26 May 2017 20:58:35 GMT2017-05-26T20:58:35Z

DENVER (AP) -- An oil tank explosion in northern Colorado killed a worker and burned three others, shooting up flames just miles away from an unrelated gas blast last month and prompting fresh questions about safety in one of Colorado's largest industries - oil and gas extraction....



The Latest: Colorado governor says recent blasts unrelated

Fri, 26 May 2017 20:47:56 GMT2017-05-26T20:47:56Z

DENVER (AP) -- The Latest on a fatal oil tank fire in northern Colorado (all times local):...



OPEC extends output cut, but big oil price increase unlikely

Thu, 25 May 2017 18:10:17 GMT2017-05-25T18:10:17Z

VIENNA (AP) -- An alliance of many of the world's biggest oil-producing nations extended their agreement to cut output for an additional nine months - an effort to support prices that will prove difficult in the face of growing production from the U.S....



OPEC and other nations extend output cuts

Thu, 25 May 2017 16:48:54 GMT2017-05-25T16:48:54Z

VIENNA (AP) -- An alliance of many of the world's biggest oil-producing nations extended their agreement to cut output for an additional nine months, an effort to support prices that seems futile in the face of growing production from the U.S....



The Latest: Oil price falls further on OPEC production news

Thu, 25 May 2017 16:19:20 GMT2017-05-25T16:19:20Z

VIENNA (AP) -- The Latest on OPEC's talks on extending its production cut agreement (all times local):...



Trump plan to sell off half of oil stockpile sparks debate

Thu, 25 May 2017 08:08:37 GMT2017-05-25T08:08:37Z

WASHINGTON (AP) -- President Donald Trump's proposal to sell nearly half the U.S. emergency oil stockpile is sparking renewed debate about whether the Strategic Petroleum Reserve is still needed amid an ongoing oil production boom that has seen U.S. imports drop sharply in the past decade....



Iran, Spanish company sign $615 million deal for oil pipes

Wed, 24 May 2017 12:33:59 GMT2017-05-24T12:33:59Z

TEHRAN, Iran (AP) -- Iran on Wednesday signed a deal worth $615 million - or euros 550 million - with a Spanish-Iranian consortium under which the group will provide pipes used in Iran's oil industry....



Oklahoma budget crisis spurs battle among oilmen

Tue, 23 May 2017 23:41:10 GMT2017-05-23T23:41:10Z

OKLAHOMA CITY (AP) -- An impasse among Oklahoma lawmakers over how to fix the state's worst budget problem in decades has sent the legislature spiraling into chaos and focused blame on the usually sacrosanct oil and natural gas industry for not paying more taxes....



Pipeline planned at big Colorado well site, not noisy trucks

Mon, 22 May 2017 23:39:09 GMT2017-05-22T23:39:09Z

DENVER (AP) -- An energy company will build a pipeline to transport crude oil from a huge well complex inside a Colorado city before production starts, officials said Monday, easing the anxiety of nearby residents who feared noisy trucks would haul away the petroleum around the clock....



APNewsBreak: Leaks found on Dakota Access pipeline system

Mon, 22 May 2017 20:26:49 GMT2017-05-22T20:26:49Z

BISMARCK, N.D. (AP) -- The Dakota Access pipeline and a feeder line leaked more than 100 gallons of oil in North Dakota in separate incidents in March as crews prepared the disputed $3.8 billion pipeline for operation....