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U.S. State Department posts feedback on Keystone pipeline

The U.S. State Department says it is taking the unusual step of releasing publicly the feedback it has received about a controversial pipeline project after an "unprecedented" response to...
Valerie Volcovici, Reuters
Posted on 5-24-2013 at 2:45 PM

Chile fines Barrick's Pascua Lama, halts gold project

Chilean environmental authorities on Friday ordered Barrick Gold Corp to halt work at its massive Pascua-Lama project and fined the company $16 million US, citing serious environmental...
Reuters
Posted on 5-24-2013 at 1:14 PM

Gold faces more pressure as inflation stays tame

Gold prices are looking even more vulnerable after April's price crash, as rampant inflation expected from successive rounds of monetary easing fails to materialise.
Jan Harvey, Reuters
Posted on 5-24-2013 at 8:54 AM

Academics back BP's fight to cap oil spill payouts

A group of accountancy professors is backing BP's fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill...
Andrew Callus, Reuters
Posted on 5-24-2013 at 8:11 AM

Marathon Oil says no deal reached for sale of oil sands stake

Marathon Oil Corp said on Thursday that negotiations to sell a portion of its 20 percent stake in the Athabasca Oil Sands Project had ended without a deal.
Reuters
Posted on 5-23-2013 at 9:04 AM

U.S. House votes to force approval of Keystone

The U.S. House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil...
Ros Krasny, Reuters
Posted on 5-23-2013 at 8:09 AM

Manipulation probe draws attention to oil firms' trading desks

Europe's energy price manipulation probe has turned regulatory attention to secretive trading units at oil companies with huge turnover and millionaire staff with risk appetite higher than...
Dmitry Zhdannikov and Claire Milhench, Reuters
Posted on 5-22-2013 at 2:05 PM

CP Rail says oil leaking after tankers derail in Saskatchewan

Canadian Pacific Railway Ltd said five tankers containing oil derailed on Tuesday morning near Jansen, Saskatchewan, and one of the cars is leaking crude.
Reuters
Posted on 5-21-2013 at 11:37 AM