Energy industry

The Saudi military displays what they say are an Iranian cruise missile and drones used in recent attack on its oil industry at Saudi Aramco's facilities in Abqaiq and Khurais, during a press conference in Riyadh, Saudi Arabia, Wednesday, Sept. 18, 2019. (AP Photo/Amr Nabil)
September 18, 2019 - 3:00 pm
RIYADH, Saudi Arabia (AP) — U.S. Secretary of State Mike Pompeo on Wednesday called the attack on Saudi Arabia's oil installations an "act of war" against the kingdom by Iran, as the Saudis displayed missile and drone wreckage and cited other evidence they said shows the raid was "unquestionably...
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September 18, 2019 - 2:59 pm
SOFIA, Bulgaria (AP) — Bulgaria's state gas operator signed 1.1 billion-euro construction contract ($1.2 billion) with a Saudi-led group Wednesday for building a natural gas pipeline that would carry Russian natural gas from the much larger TurkStream pipeline into parts of Europe. The contract...
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A Saudi military officer walks by what was described asa the remains of Iranian cruise missiles and drones used in an attack this weekend that targeted the heart of Saudi Arabia's oil industry, during a press conference by military spokesman Col. Turki al-Malki in Riyadh, Saudi Arabia, Wednesday, Sept. 18, 2019. Though Yemen's Houthi rebels claimed the assault, the U.S. alleges Iran was behind it. (AP Photo/Amr Nabil)
September 18, 2019 - 2:54 pm
DUBAI, United Arab Emirates (AP) — A cruise missile and drone fragments that Saudi Arabia says it recovered from an attack on its oil industry bear similarities to Iranian-manufactured weapons, though more information is needed to make a definitive link, analysts told The Associated Press on...
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Stock traders John Santiago, left, and Paul Cosentino work at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 1:56 pm
Stocks declined broadly on Wall Street Wednesday afternoon after the Federal Reserve cut its benchmark interest rate for a second time this year. Investors expected the rate cut, but may have been disappointed by apparent disagreement among Fed officials about their future rate policy. In a...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
September 18, 2019 - 1:43 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:30 p.m. Stocks are dropping after the Federal Reserve cuts its benchmark interest rate for a second time this year and didn't provide investors with concrete clues about what the future holds. The Dow...
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FILE - In this Saturday, Sept. 14, 2019 file photo, a satellite image from Planet Labs Inc. shows thick black smoke rising from Saudi Aramco's Abqaiq oil processing facility in Buqyaq, Saudi Arabia. The assault on the beating heart of Saudi Arabia's vast oil empire follows a new and dangerous pattern that's emerged across the Persian Gulf this summer of precise attacks that leave few obvious clues of who launched them. (Planet Labs Inc via AP, File)
September 18, 2019 - 1:01 pm
DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf (all times local): 10:00 p.m. U.N. Secretary-General Antonio Guterres says U.N. experts have already left for Saudi Arabia to investigate attacks on key Saudi oil installations. Saudi Arabia's Ministry of Foreign Affairs...
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Workers refuel the tank at a gas station in Jiddah, Saudi Arabia, Tuesday, Sept. 17, 2019. U.S. President Donald Trump declared Monday that it "looks" like Iran was behind the explosive attack on Saudi Arabian oil facilities. He stressed that military retaliation was not yet on the table in response to the strike against a key U.S. Mideast ally. (AP Photo/Amr Nabil)
September 18, 2019 - 12:51 pm
NEW YORK (AP) — The price of oil fell Wednesday after Saudi officials announced oil production halted by an attack on the heart of its oil industry would be fully restored within weeks. Prices continued to slide even as the Saudi military blamed Iran for the attacks and U.S. Secretary of State Mike...
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This image provided on Sunday, Sept. 15, 2019, by the U.S. government and DigitalGlobe and annotated by the source, shows damage to the infrastructure at Saudi Aramco's Kuirais oil field in Buqyaq, Saudi Arabia. The drone attack Saturday on Saudi Arabia's Abqaiq plant and its Khurais oil field led to the interruption of an estimated 5.7 million barrels of the kingdom's crude oil production per day, equivalent to more than 5% of the world's daily supply. (U.S. government/Digital Globe via AP)
September 17, 2019 - 7:56 pm
DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf and the fallout after weekend attack on major oil sites in Saudi Arabia (all times local): 10 p.m. Saudi Arabia's energy minister says 50% of the production cut by the attack on its oil processing plant has been restored...
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This Feb. 14, 2019, photo released by Caltrans District 3 shows a 7-mile back up on the South bound Interstate 5, as it reopens to traffic in Maxwell in Colusa County, Calif. The Trump administration is poised revoke California’s authority to set auto mileage standards, asserting that only the federal government has the power to regulate greenhouse gas emissions and fuel economy. (Caltrans District 3 via AP)
September 17, 2019 - 5:01 pm
WASHINGTON (AP) — The Trump administration is poised to revoke California's authority to set auto mileage standards, asserting that only the federal government has the power to regulate greenhouse gas emissions and fuel economy. Conservative and free-market groups have been asked to attend a formal...
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President Donald Trump speaks during a campaign rally at the Santa Ana Star Center, Monday, Sept. 16, 2019, in Rio Rancho, N.M. (AP Photo/Evan Vucci)
September 17, 2019 - 4:48 pm
WASHINGTON (AP) — The Trump administration tried to balance diplomacy with fresh talk of military action Tuesday in response to the fiery missile and drone attack on the heart of Saudi Arabia's oil industry — a strike marking the most explosive consequence yet of the "maximum pressure" U.S...
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