TransCanada excavates damaged part of leaked pipeline: South Dakota official
TransCanada is making progress on cleaning up a 5,000-barrel oil spill from its Keystone pipeline in South Dakota, where a state official said on Monday the company has excavated the damaged section of pipeline.
Michigan and a Canadian oil transport company have agreed to boost safety measures for an underwater oil pipeline
Michigan and a Canadian oil transport company have agreed to boost safety measures for an underwater oil pipeline.
Global shares dip as investors await Black Friday updates
Asian stock markets tumbled Monday as investors looked ahead to a possible U.S. Senate vote on proposed tax changes and data announcements from major economies.
Iraq to receive bids for developing oil, gas fields in June
Iraq says it will start receiving bids next June for projects to develop nine oil and gas fields in an attempt by the war-ravaged nation to boost energy revenues.
Asian shares tumble ahead of data-heavy week
Asian stock markets tumbled Monday as investors looked ahead to a possible U.S. Senate vote this week on proposed tax changes and a week of economic data announcements.
Venezuela president taps general as head of state oil firm
President Nicolas Maduro has tapped a high-ranking member of Venezuela's military to lead the country's struggling state oil company.
Greek police arrest 7 for selling bogus olive oil
Greek police have arrested seven people allegedly involved in fraudulently selling large quantities of adulterated sunflower oil as olive oil in Greece and abroad.
Americans Spending Greater Percentage of Income on Gas
Gasoline expenditures for the average U.S. household continued to climb in 2012, returning to levels not seen since 2008.
Risky stalemate as science battles human fears at Fukushima
More than six years after a tsunami overwhelmed the Fukushima nuclear power plant, Japan has yet to reach consensus on what to do with a million tons of radioactive water, stored on site in around 900 large and densely packed tanks that could spill should another major earthquake or tsunami strike.
Reporter's Notebook: Fukushima face-lift masks morass inside
Above ground, the tsunami-hit Fukushima nuclear power plant has had a major face-lift since the 2011 disaster.
Goldman’s Gary Cohn on List for Trump Energy Secretary, Ponders Firm Exit
Goldman's number #2 is itching to become a #1 in his own right.
S African company pulling out of natural gas to liquid fuels
A South African energy and chemical company says it's dropping plans for a $14 billion U.S. plant to convert natural gas to liquid fuels because of low oil prices and a volatile market.
Business Highlights
___ After weeks of deals, stores aim to draw Black Friday crowds NEW YORK (AP) — Shoppers have been out since before dawn in the U.S. for fun and for deals, as retailers hope to bring customers to their stores and websites for one of the biggest shopping days of the year.
US appeals court orders halt on natural gas pipeline in Ohio
A federal appellate court has issued an order that temporarily prevents a company from building an 8-mile (12.87-kilometer) stretch of a high-pressure natural gas pipeline through a northeast Ohio city.
US demands visits with oil executives jailed in Venezuela
U.S. diplomats are demanding that Venezuela give them immediate access to jailed oil executives who hold American passports.
German court: Ancient forest can be cleared for coal mine
A court in western Germany says an ancient forest near the Belgian border can be chopped down to make way for a coal strip mine.
Italian firm to drill 2 wells off Cyprus in next 2 months
ENI's top executive says the Italian oil and gas company will drill two exploratory wells off Cyprus over the next two months and is expressed confidence that significant quantities of the mineral can be found.
World stocks rise amid upbeat European data, US holiday
Asian stock markets were mixed Friday with investors finding little guidance after Wall Street closed for the Thanksgiving holiday and Chinese markets in focus after a big sell-off the previous day.
Asian shares lower, China in focus after big selloff
Stocks in Shanghai fell sharply but in rest of Asia, markets were calm Thursday after the Fed minutes largely met investor expectations that it will soon raise interest rates for a third time next month.
Market Forces Have Stripped OPEC of its Relevance
The lack of action from OPEC at its June meeting Thursday shows more cracks are beginning to show in the cartel's oil-world dominance.











