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Massacres leave 16 dead in neighboring Mexican states

Pemex gas station sign. (Image: Matthew Rutledge via Flickr)

MEXICO CITY (AP) — Two massacres have left at least 16 people dead in the neighboring Mexican states of Michoacan and Guerrero. A statement from the Michoacan state prosecutors’ office said nine burned bodies were found inside an SUV in the municipality of Cuitzeo in an area with pipelines run by state oil company Petroleos Mexicanos. Prosecutors said there were ...

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Energy company BP says 2Q earnings fell 45 percent

BP Q2 earnings

LONDON (AP) — BP’s second-quarter earnings fell 45 percent as lower oil prices hit the British energy company. Underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, fell to $720 million from $1.3 billion in the same quarter a year earlier, the company said in a statement released Tuesday. BP’s net loss narrowed to ...

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France’s Total profit falls 30 percent due to oil price drop

In this Feb.5, 2013 file photo, the logo of the French oil giant Total SA is seen at the entrance of the company headquarters in the La Defense business district, west of Paris. The French company said Thursday Feb.11, 2016 that profit adjusted for changes in the value of inventories and one-time items dropped to $2.1 billion from $2.8 billion in the same period a year earlier.(AP Photo/Jacques Brinon, File)

PARIS (AP) — French energy company Total SA says its net income fell 30 percent in the second quarter to $2.09 billion due to the impact of lower oil prices. The Paris-based company said its sales for the April-June period were $37.22 billion, down from $44.72 billion in the year-earlier period. Chairman and CEO Patrick Pouyanne said the company will ...

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Libya army commander threatens to target oil tankers

Libyan national oil company chief Mustafa Sanalla reacts during an interview in London, Monday, Jan. 25, 2016. The head of Libya’s state oil corporation is appealing for political factions to forge a unity government, saying that without a single government there will be “neither security nor stability. Mustafa Sanalla believes that the country will become a failed state without action soon.(AP Photo/Kirsty Wigglesworth)

BENGHAZI, Libya (AP) — Libya’s chief of staff on Tuesday threatened to target foreign oil tankers if they entered territorial waters, after a controversial deal was struck between the United Nations envoy and a militia commander in control of the oil terminals. The agreement between U.N. Envoy to Libya Martin Kobler and militia leader Ibrahim Jedran, has been widely criticized ...

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European development bank considers funding Trans Adriatic Pipeline

European pipeline, Trans Adriatic pipeline

TIRANA, Albania (AP) — The European Bank for Reconstruction and Development is looking to support financially the development of the Trans Adriatic Pipeline, which plans to bring gas across the Balkans and on to Italy. President Suma Chakrabarti told Albanian Prime Minister Edi Rama during a visit Tuesday that the pipeline project was of great interest as it would help ...

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Solar plane’s arrival highlights UAE’s clean-energy push

Solar Impulse 2 flies over San Francisco, Saturday, April 23, 2016. The solar-powered airplane, which is attempting to circumnavigate the globe to promote clean energy and the spirit of innovation, arrived from Hawaii after a three-day journey across the Pacific Ocean. (AP Photo/Noah Berger)

ABU DHABI, United Arab Emirates (AP) — The United Arab Emirates might not seem like an obvious spot to begin and end a globe-spanning flight promoting renewable energy. It is OPEC’s fourth biggest oil producer, after all, where gas guzzlers rule the road and the air conditioning is always on — not just at its indoor ski slope. Its oil ...

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8 companies seek oil drilling rights for 3 areas off Cyprus

View of the Cyprus coast. (Image: Lefteris Katsouromallis via Flickr)

NICOSIA, Cyprus (AP) — Cyprus’ energy minister says eight companies have formally applied to carry out exploratory oil and gas drilling in waters off the island’s southern coast. Yiorgos Lakkotrypis says six applications for a drilling license were submitted for all three blocks, or areas, that were available as part of the island nation’s third licensing round. He said the ...

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Canada to ban rail cars involved in fiery crash

Oil Train 1

MONTREAL (AP) — Canada’s transport minister says the rail car model involved in a fiery crash that killed 47 people in Quebec three years ago will no longer be allowed to transport oil in Canada as of Nov. 1. Marc Garneau said Monday that older tankers, called DOT-111 cars, and a version jacketed with an extra layer of metal to ...

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Canadian energy company says crude oil has leaked into river

oil spill, Saskatchewan river

MAIDSTONE, Saskatchewan (AP) — Canadian energy company Husky Energy says between 52,834 gallons (200,000 liters) and 66,043 gallons (250,000 liters) of crude oil and other material has leaked into the North Saskatchewan River in west-central Canada. Husky Energy said Friday that booms are being used in an effort to contain the spill, which leaked Thursday morning near Maidstone, Saskatchewan. Saskatchewan ...

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Workers: Force majeure at ExxonMobil Nigeria may last weeks

Nigeria's state flag. (Image: Global Panorama via Flickr)

WARRI, Nigeria (AP) — The force majeure — or freedom from contractual obligations because of extraordinary circumstances — declared by ExxonMobil on Nigeria’s largest crude stream could last a month because of extensive damage to its 300,000 barrel-a-day Qua Iboe export terminal, workers of the U.S.-based oil giant told The Associated Press on Friday. ExxonMobil has denied that militants bombed ...

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