Marathon Petroleum combines midstream operations for $9B
Marathon Petroleum Corp. is merging two of its oil and gas pipeline, transportation and storage operations for $9 billion.
World shares decline again as trade anxiety continues
Shares skidded in Asia on Wednesday after the Dow Jones Industrial Average tumbled more than 470 points overnight amid mounting trade tensions between the U.S. and China.
Proposed tobacco ban sparks fiery debate in Beverly Hills
Beverly Hills is considering outlawing the sale of tobacco products, a move that would make the glamorous California city the first in the nation to enact such a ban.
US says it will complete Keystone environmental review
U.S. government attorneys say the Trump administration plans to finish a new environmental review of the Keystone XL oil pipeline from Canada even if a federal appeals court throws out a lawsuit that blocked the project.
US raises forecast for summer gasoline prices
Gasoline for that summer road trip will cost a bit more than experts in the federal government were expecting just a month ago.
Worsening US-China trade tensions rattle financial markets
Stocks extended their losses into a second day on Wall Street Tuesday after President Donald Trump's threat to escalate a trade war moved closer to reality.
Communities hit by gas blasts get $80M to fix infrastructure
The utility blamed for a series of natural gas explosions in Massachusetts in September has agreed to pay $80 million to three communities to cover the costs of repairing roads and other infrastructure torn up during restoration efforts.
Iraq planning $53B megaproject with ExxonMobil, PetroChina
The prime minister of Iraq says he has instructed his country's Oil Ministry to finalize an agreement with global energy giants ExxonMobil and PetroChina to lead a $53 billion megaproject to boost oil production.
North Dakota's oil boom is because the government does less, not more: Sen. Cramer
Sen. Cramer on the U.S. oil boom
Anadarko to terminate Chevron deal after 'superior' Occidental Petroleum offer
Occidental's new offer includes more cash than the prior bid.
World shares mixed as China affirms trade talks to go ahead
Asian stock markets steadied on Tuesday after Beijing said trade negotiators were preparing to go to Washington despite President Donald Trump's threat to escalate their tariff war.
Asia stocks mostly higher after Trump trade threat
U.S. stocks fell sharply at the opening of trading Monday, following a sell-off in Europe and Asia, after President Donald Trump threatened to escalate a trade war between the world's two largest economies.
Fuel tax hike back in focus as lawmakers talk infrastructure
Lawmakers are expected to meet within the coming weeks to discuss funding options for the $2 trillion project.
Oil bounces up on Iran concern after touching one-month low on trade tensions
Within the oil industry, there are signs of a further rise in output from the United States.
Markets swoon after Trump threatens to hike China tariffs
Shares and oil prices have tumbled after President Donald Trump jolted markets with a threat to raise more tariffs on imports from China, spooking investors who had been expecting good news this week on trade.
Judge sends suit over pipeline back to North Dakota court
A federal judge has sent back to North Dakota state court a lawsuit alleging the environmental group Greenpeace conspired against the Dakota Access oil pipeline.
Asian markets plunge after Trump threatens China tariff hike
Shares tumbled in Asia early Monday after President Donald Trump threatened in a tweet to impose more tariffs on China.
Occidental offers more cash in bid for Anadarko
Occidental, which is in a bidding war with Chevron to buy oil company Anadarko, revised its offer Sunday and says it found a buyer for Anadarko's African investments if the deal goes through.
Average US price of gas spikes 5 cents per gallon to $2.97
The average U.S. price of regular-grade gasoline jumped 5 cents a gallon (3.8 liters) over the past two weeks, to $2.97.
Backers seek funds for North Dakota Teddy Roosevelt library
A Walmart heir, a wealthy governor and energy companies profiting from North Dakota oil could fund a big chunk of the private money needed by developers of a presidential library for Theodore Roosevelt in the western Badlands where he hunted and ranched before becoming the 26th U.S. president.















