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Democrat Biden says he would kill Keystone XL pipeline

WASHINGTON (Reuters) – Joe Biden’s campaign said on Monday that if elected president, the presumptive Democratic nominee would rescind the permit for Keystone XL pipeline, which effectively would doom the long-troubled project. In doing so, Biden would reverse... More »

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UAE against unilateral changes to situation in Yemen: official

DUBAI (Reuters) – The United Arab Emirates stands against a decision by a main Yemeni southern separatist group to declare self-rule in areas it controls, and urges full implementation of a peace deal agreed last year for the south, minister of state for forei... More »

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Trump administration moves to limit state powers to block…

WASHINGTON (Reuters) – The Trump administration on Friday unveiled a proposal that would curb state powers to block pipelines and other energy projects, part of the Trump administration’s effort to boost domestic oil, gas and coal development. The U.S. Environ... More »

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SoCalGas keeps urging natgas conservation during California cold

(Reuters) – Southern California Gas continued to urge customers to use less natural gas on Friday to avoid straining its system as cold blankets its service area after restoring more withdrawal capacity at its Aliso Canyon storage facility in Los Angeles. On T... More »

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EU nations back new rules that may stall Russia’s Nord Stream 2…

BRUSSELS (Reuters) – New European Union rules to regulate Russia’s Nord Stream 2 pipeline won the backing of the bloc’s capitals on Friday, a move that will likely complicate but not rule out its construction. Representatives of the EU’s 28 nations endorsed a ... More »

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Kenyan pipeline, health insurance fund officials charged over graft

NAIROBI (Reuters) – A Kenyan court on Monday charged senior officials from the state-run oil pipeline and others from the state health insurance fund for abuse of office and economic crimes that led to the loss of billions of shillings from the two institution... More »

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Canada likely to buy Trans Mountain pipeline project: Bloomberg

(Reuters) – Canada is likely to buy Kinder Morgan Canada Ltd’s Trans Mountain oil pipeline and its proposed expansion project in an attempt to ensure that it is built, Bloomberg reported on Monday, citing a person familiar with the talks. The company, a unit o... More »

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Five working to clear way for gas pipeline killed in Afghanistan

KANDAHAR, Afghanistan (Reuters) – Unidentified gunmen killed five mine-clearance workers in Afghanistan on Monday who were preparing for construction of an international gas pipeline, while one worker was kidnapped, officials said. The $8 billion TAPI pipeline... More »

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U.S. energy industry slams Trump’s ‘job-killing’ steel tariffs

FILE PHOTO: Steel pipes for sale are displayed at a shop in the Mullae-dong steel product district in Seoul July 13, 2010. REUTERS/Jo Yong-Hak/File Photo HOUSTON/WASHINGTON (Reuters) – The U.S. oil and gas industry on Thursday slammed President Donald Trump’s ... More »

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Oil rises as Saudi Arabia says producers will cooperate beyond 2018

FILE PHOTO: A gas station attendant pumps fuel into a customer’s car at a gas station in Shanghai, China November 17, 2017. REUTERS/Aly Song/File Photo SINGAPORE (Reuters) – Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that coopera... More »

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Oil retreats from $70 highs but set for fourth week of gains

FILE PHOTO: An offshore oil platform is seen in Huntington Beach, California, U.S. September 28, 2014. REUTERS/Lucy Nicholson/File Photo LONDON (Reuters) – Oil prices fell on Friday after hitting a three-year high of more than $70 a barrel the previous day, bu... More »

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Oil dips from highs, but OPEC’s cuts still support market

FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma, U.S., September 15, 2015. REUTERS/Nick Oxford/File Photo SINGAPORE (Reuters) – Oil prices on Friday dipped away from some of their highest levels ... More »

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Oil prices edge up on North Sea pipeline outage, falling stocks

FILE PHOTO – A pumpjack brings oil to the surface in the Monterey Shale, California, U.S. April 29, 2013. REUTERS/Lucy Nicholson/File Photo SINGAPORE/LONDON (Reuters) – Oil prices edged up on Friday, lifted by the Forties pipeline outage in the North Sea, ongo... More »

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Oil stable as strong Chinese demand counters rising dollar

FILE PHOTO – A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson SINGAPORE (Reuters) – Oil prices were stable on Friday as the weight of a strengthening U.S. dollar was countered by China’s relentless thirst for... More »

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U.S. oil exports boom, putting infrastructure to the test

Tankers carrying record levels of crude are leaving in droves from Texas and Louisiana ports, and more growth in the fledgling U.S. oil export market may before long test the limits of infrastructure like pipelines, dock space and ship traffic. More »

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Texas moves toward post-Harvey recovery- gas prices slip

Texas on Monday edged toward recovery from the devastation of Hurricane Harvey as shipping channels, oil pipelines and refineries restarted some operations and authorities lifted an evacuation order for the area around a once-burning chemical plant. More »

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Trump to promote U.S. natgas exports in Russia`s backyard

U.S. President Donald Trump delivers remarks during an ‘Unleashing American Energy’ event at the Department of Energy in Washington, U.S., June 29, 2017. REUTERS/Carlos Barria President Donald Trump will use fast-growing supplies of U.S. natural gas as a polit... More »

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Trump to set new executive orders on environment, energy this week

U.S. President Donald Trump speaks during a signing ceremony with Treasury Secretary Steve Mnuchin at the Treasury Department in Washington, U.S., April 21, 2017. REUTERS/Aaron P. Bernstein U.S. President Donald Trump this week will sign new executive orders b... More »

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Highlights: The Trump presidency on March 12 at 8:42 p.m. EST

U.S. President Donald Trump and Vice President Mike Pence (L) attend a healthcare meeting with key House Committee Chairmen at the White House in Washington, U.S., March 10, 2017. REUTERS/Carlos Barria Highlights of the day for U.S. President Donald Trump’s ad... More »

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U.S. shale plots production growth despite OPEC`s warning

FILE PHOTO – Pump jacks drill for oil in the Monterey Shale, California, U.S. on April 29, 2013. REUTERS/Lucy Nicholson/File Photo U.S. shale oil producers are plotting ambitious production growth outside the red-hot Permian Basin in Texas, widening a resurgen... More »

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Controversial Dakota pipeline to go ahead after Army approval

A North Dakota National Guard vehicle idles on the outskirts of the Dakota Access oil pipeline protest camp near Cannon Ball, North Dakota, U.S., January 29, 2017. REUTERS/Terray Sylvester The U.S. Army will grant the final permit for the controversial Dakota ... More »

BlackRock to offer infrastructure funds via independent advisers

The BlackRock logo is seen outside of its offices in New York January 18, 2012. B REUTERS/Shannon Stapleton/File Photo BlackRock Inc (BLK.N), the world’s largest asset manager, will offer infrastructure funds for the first time through independent financial ad... More »

Canada works to counter protectionist mood of U.S. campaign

Republican presidential nominee Donald Trump arrives onstage for a rally with supporters in Roanoke, Virginia, U.S. September 24, 2016. REUTERS/Jonathan Ernst Canadian diplomats are fanning out across the United States to talk up the benefits of trade with sta... More »

Iraq’s oil exports from south rose to 3.2 million bpd in July

BASRA, Iraq Iraq’s oil exports from its southern ports rose to 3.2 million barrels per day (bpd) on average in July, up from 3.175 million bpd in June, as the OPEC nation increased crude production, Iraqi oil officials said. Output at the Luhais field, operate... More »

Putin, Juncker to talks sanctions and energy: Kremlin

MOSCOW Russian President Vladimir Putin and European Commission President Jean-Claude Juncker will talk about sanctions and energy projects when they meet in St Petersburg this week, Kremlin aide Yuri Ushakov told reporters. “The subject of sanctions will be r... More »

TransCanada restarts Keystone pipeline at reduced pressure

TransCanada Corp (TRP.TO) on Sunday said it had restarted the 590,000- barrel-per-day Keystone crude pipeline at reduced pressure after it received American authorization to do so. The Canadian energy company said the U.S. Pipeline and Hazardous Materials Safe... More »