Inter Pipeline Ltd. has agreed to acquire the Canadian assets of Williams Cos. for C$1.35 billion ($1 billion), betting that a rebound in commodity prices will justify the expansion of its natural-gas liquids business.
Donald Trump fleshed out his economic agenda with a speech in Detroit on Monday. The Republican presidential nominee said he'd roll out more details in the coming weeks. We look at some of Trump's main promises so far, and how his strategy compares with both the current situation and the ideas from Democratic nominee Hillary Clinton.
Oil dropped from the highest close in two weeks as investors weighed whether OPEC’s informal talks next month will lead to tightening supply and delegates signaled there are no plans to revive an output freeze.
Chevron couldn’t have won a more emphatic victory in its long-running Ecuadorian pollution case than Monday's ruling by the U.S. Court of Appeals in New York. A three-judge panel unanimously affirmed a trial court's determination that, in 2011, the lead attorney for some 30,000 Ecuadorians had won a $9.5 billion judgment against Chevron by means of bribery, coercion, and fraud.
Centrica Plc’s Rough, the U.K.’s largest natural gas storage facility 9,000 feet below the North Sea bed, unexpectedly closed for the summer and will probably remain unavailable for most of the winter. The shutdown whipsawed prices in Europe’s biggest market. Here’s what you should know.
Oil traded near $42 a barrel as U.S. drilling increased at the fastest pace in almost a year.
Libya has started maintenance work at Es Sider port, the nation’s largest oil export terminal, as part of plans to increase output from Africa’s biggest holder of crude reserves.
For Norway, the collapse in crude prices has a silver lining: output has exceeded expectations every month for the past two years.
State-run NTPC Ltd., India’s biggest power producer, is seeking to terminate a long-term supply contract for imported natural gas as it says the fuel is too expensive to be used in power generation, according to people with knowledge of the situation.
Oil fell as the dollar rebounded on strong jobs data, reducing the appeal of investments in commodities.
Oil declined after the biggest two-day increase in more than a month as prices fluctuated following a fall into a bear market this week.
Robert Mabro, the oil academic who helped broker a historic production cut between OPEC and rivals after prices slumped below $10 a barrel, has died. He was 81.
Oil traders once again believe it’s worth heading out to sea.
Nigeria’s government is looking to spend its way out of an economic slump after its own central bank said it can’t bolster growth and is instead targeting inflation with a record interest rate.
The UK will have more charging locations for electric cars than gasoline stations in 2020, according to Nissan Motor Co. Ltd.
High-yield energy bonds, which have risen even as oil slid more than 20 percent in the past two months, may be hit if the commodity dips below the $40 it’s trading at now, according to Barclays Plc strategist Brad Rogoff.
Amid the gloom and doom that’s set in all along America’s shale fields these past two years, there has been one small, but consistent, bright spot. Sand, it turns out, is a much greater tool in hydraulic fracking than drillers had understood it to be. Time and again, they’ve found that the more grit they pour into horizontal wells -- seemingly regardless of how extreme the amounts have become -- the more oil comes seeping out.
Iran approved a new oil contract model, taking the OPEC nation a step closer to welcoming foreign investment in its energy industry and boosting production even more into an oversupplied market.
Transocean Ltd. surprised analysts by slashing its way to profitability in the second quarter as the world’s largest owner of offshore rigs tries to keep up with dwindling drilling demand from explorers.
Minority shareholders in KazMunaiGas Exploration Production JSC voted down proposals that would have cleared the way for a buyout by Kazakhstan’s national oil producer, a deal opposed by the listed company’s independent directors and some investors.
The British government’s surprise decision last week to review the $24 billion Hinkley Point nuclear plant would leave a huge hole in the U.K.’s energy policy if it leads to the project’s cancellation.
Earl, the fifth named storm of the Atlantic season, is expected to become a hurricane before landfall as it neared Belize on a track that may take it into the oil-rich Bay of Campeche by the end of the week.
While oil bears go “wild” at crude’s retreat to $40 a barrel, there’s some comfort on the way for the bulls, according to Citigroup Inc.
A unit of Enbridge Inc. and Marathon Petroleum Corp. have agreed to pay a combined $2 billion in cash for a stake in the Bakken pipeline system from an affiliate of Energy Transfer Partners LP and Sunoco Logistics Partners LP.
Noble Group Ltd., the embattled commodities trader raising about $500 million in a rights issue, received a query from the Singapore exchange over trading of its shares as the stock plunged to the lowest level since 2003.
