Turkey slams Cyprus for gas search, blocks rig with warships
Turkey's foreign ministry has criticized Cyprus for a "unilateral" offshore hydrocarbons search after Turkish warships prevented a rig from reaching an area off Cyprus where it's to start exploratory drilling for gas.
Turkish warships stop Italy's ENI rig in waters off Cyprus
Cyprus' foreign minister says a rig belonging to the Italian energy firm ENI has halted its journey in the Mediterranean Sea after encountering Turkish warships.
Oklahoma pulling up red carpet offered to wind industry
As Oklahoma sought to diversify its oil-and-gas powered economy in the early 2000s, policymakers rolled out the red carpet for the burgeoning wind industry, offering generous state tax incentives and access to windy, inexpensive tracts of land.
US stocks swing back to gains, Dow up 330 on turbulent day
U.S. stocks moved sharply higher in early trading Friday, recouping some of the ground lost a day earlier when indexes plummeted, deepening a weeklong sell-off that knocked the market into a "correction" for the first time in two years.
Business Highlights
___ US stocks swing back to gains, Dow up 330 on turbulent day NEW YORK (AP) — Wall Street capped a day of wild swings with a late-afternoon rally that sent the Dow Jones industrial average 330 points higher.
Attorney calls for sanctions in Dakota Access pipeline suit
Attorneys for a Florida-based environmental publication want a federal judge in North Dakota to sanction the Texas-based developer of the Dakota Access oil pipeline in a dispute over whether the publication can be sued.
Texas adds 14 rigs as US rig count jumps to 975
The number of rigs exploring for oil and natural gas in the U.S. increased by 29 this week to 975.
Hungary says Romanian gas deal would end Russia's monopoly
Hungary's prime minister says a forthcoming deal to import natural gas from neighboring Romania means that the "age of the Russian gas monopoly in Hungary is ending."
Maersk returns to profit as container shipping improves
Danish shipping and oil group A.P. Moller-Maersk says it made a fourth quarter profit of $386 million, up from a loss of $2.7 billion a year earlier, as revenue rose to $8.2 billion from $7 billion.
California officials, protesters fight offshore drill plans
California commissions that oversee coastal lands and water pushed the Trump administration to leave the state out of plans to expand offshore drilling, warning the state would block pipelines to get oil back to land.
Senate advances utility rates bill after daylong filibuster
Sleepy Missouri senators worked through the night into a new day Thursday as a small group of lawmakers filibustered a bill that could reward utilities making improvements to their infrastructure with more consistent rate increases on their customers.
Asian shares fall after Wall Street plunge
U.S. stocks are lower Thursday morning as losses from the previous day continue.
Judge hears testimony on pipeline's environmental impact
A federal judge is hearing testimony about the environmental impact of a crude oil pipeline that's getting built in a Louisiana swamp.
The Latest: Demonstrators blast offshore oil drilling plan
The Latest on offshore oil drilling proposal by the Trump administration (all times local): 10:20 a.m.
Business Highlights
___ Dow industrials drop another 1,000 points as selling spreads NEW YORK (AP) — Stocks plunged again, sending the Dow industrials down 1,000 points, as investors continued to get out of the market.
Massachusetts seeks path forward after hydro project defeat
A week after New Hampshire regulators soundly rejected a $1.6 billion hydropower project, Massachusetts officials are demanding to know whether Northern Pass still is a viable option for delivering clean energy to their state by 2020.
Massive gas pipeline project to resume; Sunoco fined $12M
Pennsylvania regulators are fining Sunoco more than $12 million for problems with a massive natural gas pipeline project, but letting work resume under a consent agreement.
The Latest: Sunoco says deal will avoid pipeline litigation
The Latest on an agreement that lets Sunoco Pipeline resume construction on a major natural gas pipeline across Pennsylvania (all times local): 2 p.m. Sunoco Pipeline says it has agreed to a fine and will make other changes under a deal with the Pennsylvania Department of Environmental Protection to avoid litigation and resume construction of a major pipeline project.
Tribe says it's being left out of Dakota Access study
One of the four American Indian tribes still fighting the Dakota Access oil pipeline in court says it's being left out as federal officials work to comply with a judge's order to determine the pipeline's impact on tribal interests.
Global stocks slip in Europe as investors remain skittish
Asian shares were mostly higher Thursday, though investors appeared skittish after this week's financial turmoil and overnight losses on Wall Street.









