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Keystone XL oil pipeline bill moves to full U.S. House
ReutersWASHINGTON, May 16 (Reuters) - The full U.S. House of Representatives will soon begin debate on a bill to approve the Canada-to-Nebraska Keystone XL oil pipeline, a lawmaker said on Thursday after his panel advanced the measure. The House Committee on...Tags: Barack Obama, Politics, TransCanada Corporation, Global Warming, Keystone XL Pipeline
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US Cash Products-Group Three gasoline diffs up almost half a dollar since Mon
Reuters* Group Three extends gains as supply crunch unresolved * Gulf gasoline slips, shrugs off partial Colonial Pipeline outage * Harbor gasoline, diesel edge up NEW YORK, May 16 (Reuters) - Group Three gasoline differentials extended gains on Thursday,...Tags: Kerosene, New York Mercantile Exchange, Diesel Fuel
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COMMODITIES-Most markets fall, weak US data prompts demand worry
Reuters* Gold falls for sixth sessions, first time in four years * Oil gains as dollar drops after soft U.S. economic readings * U.S. drought shrinks, may be too late for some wheat crops By Carole Vaporean NEW YORK, May 16 (Reuters) - Most commodity markets...Tags: BNP Paribas, Petroleum Industry, Federal Reserve, Droughts, Casino and Gambling Industry
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Canada PM touts Keystone pipeline in U.S., says must be approved
ReutersNEW YORK (Reuters) - Canadian Prime Minister Stephen Harper turned into a pitch man for TransCanada Corp's Keystone XL oil pipeline on Thursday, telling a New York audience the project is so important that Washington has to approve it. President Barack...Tags: Petroleum Industry, Barack Obama, TransCanada Corporation, Politics, Keystone XL Pipeline
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Exclusive: U.S. approval of BP refinery sale to Tesoro seen imminent
ReutersHOUSTON/WASHINGTON (Reuters) - Independent western U.S. refiner Tesoro Corp may take ownership of BP Plc's 240,000 barrel per day (bpd) refinery in Carson, California, as early as June 1, sources familiar with the transaction said on Thursday. Other...Tags: Corporate Crime, Kamala D. Harris, Chevron Corportion, BP Plc, Federal Trade Commission
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Ohio's well data shatters shale oil hopes
ReutersNEW YORK (Reuters) - U.S. hopes for a new shale oil bonanza in Ohio, joining the prolific Bakken and Eagle Ford plays that have raised production to 20-year highs, were shattered on Thursday by the first hard evidence that the Utica formation was...Tags: Petroleum Industry, Aubrey K. McClendon, Morningstar Incorporated, Chesapeake Energy Corp., Devon Energy Corporation
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Canada PM defends tar sands pipeline plan, saying oil will come into US anyway
Associated PressNEW YORK (AP) — A controversial oil pipeline to the U.S. Gulf Coast "absolutely needs to go ahead," Canada's prime minister said Thursday, and he warned that the oil will be transported through America one way or another. Stephen Harper addressed...Tags: Petroleum Industry, Barack Obama, Politics, TransCanada Corporation, Keystone XL Pipeline
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FACTBOX-Foreign firms in China's shale gas sector
Reuters(Adds Italy Eni's joint study with CNPC) BEIJING, May 17 (Reuters) - Italian oil firm Eni has entered a joint study with China's CNPC to explore a shale gas block in the southwestern province of Sichuan, officials said on Friday, becoming one of the...Tags: Petroleum Industry, Peter Voser, Beijing (China), Chevron Corportion, Exxon Mobil Corporation
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Marathon says Illinois crude oil pipeline still shut for work
ReutersNEW YORK, May 16 (Reuters) - Marathon Petroleum Corp said on Thursday that the 223,000 barrel-per-day crude oil pipeline from Wood River to Patoka, Illinois, remained shut after it leaked water and oil during testing over the weekend as part of routine...Tags: Energy Resources
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Ohio's Utica 2012 oil production lower than expected -state
ReutersMay 16 (Reuters) - Oil production from Ohio's Utica shale formation came in lower than expected last year, the Ohio Department of Natural Resources said in a report on Thursday. Oil output was 1,742 barrels a day on average in 2012, based on Reuters...Tags: Energy Resources
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Cameroon oil production down 8 pct in Q1 2013
ReutersYAOUNDE, May 16 (Reuters) - Cameroon crude production dipped more than 8 percent year-on-year in the first quarter of 2013 due to technical problems in some of its oil fields, the central African country's National Hydrocarbons Corporation (SNH) said on...Tags: Petroleum Industry, Cameroon, Energy Resources
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GLOBAL MARKETS-Yen slumps to 4-1/2-year low, bonds fall
Reuters* Yen slides to 101.62 against dollar * Upbeat U.S. data, Japanese bond buys drive move * German Bunds fall as safe-haven demand dented * European shares hit five-year highs By Herbert Lash NEW YORK, May 10 (Reuters) - The yen on Friday slid to its...Tags: priceline.com Inc., Japan, Petroleum Industry, Federal Reserve, S&P 500
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