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Saturday, November 28, 2020
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Tag: Oil

Energy expert says oil prices won’t top $100 a barrel

Following a stunning decline, oil prices have clawed back near the $50 level this year. Production boomed in the U.S. but is now slumping.

Ocean blasting: Groups seek ban as big Atlantic test looms

Federal regulators are considering requests from four companies to look for oil and natural gas in the mid-and south Atlantic Ocean by blasting the sea bed with sound waves.

Oil prices tumble, but stocks trim losses after big slump

U.S. stocks recovered much of an early plunge, but the price of oil suffered its worst one-day drop since September.

US stocks plunge after bleak Chinese manufacturing report

Markets are turning turbulent again after investors were unnerved by more signs of weakness in China, the world's second-largest economy.

Brunswick Co. Commission to reconsider offshore exploration resolution

Brunswick County Commissioners will look at whether to change their official stance on seismic testing and offshore oil exploration.

Carolinas clear first federal proposals for oil surveys

State regulators in both Carolinas have signed off on proposals by companies to conduct seismic testing for oil and natural gas off coast, subject to some conditions.

McCrory, other governors talking in DC about energy revenues

Some governors interested in offshore energy exploration - including North Carolina's Pat McCrory - plan to ask their congressional delegations to develop regional legislation to ensure states get revenues from what's being tapped into.

Obama floats offering first-ever drilling lease in Atlantic

The Obama administration floated a plan Tuesday that for the first time would open up a broad swath of the Atlantic Coast to drilling, even as it moved to restrict drilling in environmentally-sensitive areas off Alaska.

Report: Wind means more jobs, more energy for Carolinas

videoA report by an advocacy group says twice the jobs and more energy can be generated in the Carolinas by developing offshore wind technology than by drilling for fossil fuels in the ocean.

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Dueling protests in Raleigh shut down streets by executive mansion

ReOpen NC and some Trump supporters were on one side of Jones Street. Biden supporters and supporters of the Black Lives Matter movement were on the opposite side.

Black Friday sees record online as US shoppers stay home

Consumers spent an estimated $9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. That was a 22% increase over the previous record of $7.4 billion in 2019. Meanwhile, in-person traffic at U.S. retail stores dropped 52%, according to Sensormatic.

1 dead, 14 injured following shooting at SC nightclub

Authorities responded to 7th Lounge just before 1 a.m. Officials say they found several victims.

Champion Ken Jennings will be first interim ‘Jeopardy!’ host

Jennings begins taping next week and his first episodes will air on the week of Jan. 11.