Trump order puts streams, wetlands at risk: Tom Carper By Ayesha Rascoe and Timothy Gardner WASHINGTON, Feb 28 (Reuters) – U.S. President Donald Trump signed an order on Tuesday directing regulators to review an Obama administration rule that expanded the number of federally protected waterways as the new president targets environmental regulations conservatives label as […]
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Keystone XL approved by President Trump last month By Ethan Lou CALGARY, Alberta, Feb 28 (Reuters) – TransCanada Corp has suspended a $15 billion NAFTA suit filed against the United States over the Keystone XL pipeline, the company said on Tuesday, after U.S. President Donald Trump approved the project last month. The month-long suspension of
TransCanada’s $15 billion US Keystone XL NAFTA suit suspended Read More »
Berkshire Hathaway urged to sell investments in Phillips 66, other fossil fuels companies By Jonathan Stempel Feb 28 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc will urge shareholders to reject a proposal by a Nebraska nonprofit that it sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 years,
Buffett’s Berkshire Hathaway rejects fossil fuel proposal, shareholder says Read More »
Murphy Oil undetected for over six weeks CALGARY, Alberta, Feb 28 (Reuters) – The province of Alberta has fined a local subsidiary of U.S.-based Murphy Oil Corp C$172,500 ($130,031) for its role in a 9,000-barrel spill in 2015 that went undetected for more than six weeks, the provincial energy regulator said on Tuesday. The Alberta Energy
Murphy Oil fined for 2015 spill near Peace River Read More »
Russian oil output cut part of OPEC supply deal MOSCOW, Feb 28 (Reuters) – Russian oil output was cut by around 124,000 barrels per day (b/d) in February 1-27 from the October level and compared with a reduction of 117,000 b/d in January, Interfax news agency reported, citing a source familiar with the data. Russia has
Russian oil output cut by 124,000 b/d in February: Interfax Read More »
Dakota Access Pipeline would harm religious practices: Tribes WASHINGTON, Feb 28 (Reuters) – A U.S. judge said on Tuesday he hopes to decide by about March 7 on a request by Native American tribes for the Army Corps of Engineers to withdraw an easement on religious grounds for the final link of the Dakota Access
U.S. judge to rule on Dakota Access Pipeline easement in early March Read More »
Saudi Arabia compensates for weaker adherence by some to OPEC supply cut agreement By Alex Lawler and Rania El Gamal LONDON, Feb 28 (Reuters) – OPEC has cut its oil output for a second month in February, a Reuters survey found on Tuesday, allowing the exporter group to boost already strong compliance with agreed supply curbs
Compliance with OPEC supply cut deal up to 94 per cent in February: Reuters survey Read More »
Shell LNG tanker involved in collision one of the world’s largest MILAN, Feb 28 (Reuters) – The Al Khattiya liquefied natural gas (LNG) tanker, one of the world’s largest, suffered damage to its hull in a collision with an oil tanker off the United Arab Emirates last week, operator Royal Dutch Shell said on Tuesday.
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Shell Gulf of Mexico project to begin in 2019 By Ron Bousso LONDON, Feb 28 (Reuters) – Royal Dutch Shell has given the go-ahead to develop its Kaikias deepwater field in the Gulf of Mexico, the first such project the oil and gas company has approved in 18 months. Oil companies around the world are
New Shell Gulf of Mexico project approved, first since 2015 Read More »
BP core oil and gas divisions will be able to break even at $35-$40/barrel By Karolin Schaps and Ron Bousso LONDON, Feb 28 (Reuters) – British oil major BP lifted the outlook for its core oil and gas divisions on Tuesday, saying it would be able to balance its books with crude prices as low as
BP lifts outlook for core oil business after cost cuts Read More »
