China’s customs data showed over the weekend that exports plunged by an unexpectedly large 18 percent last month. More »
The director of the North Dakota Pipeline Authority says proposed increases of crude from Canada’s oil sands likely won’t have an impact on the state’s soaring oil production. More »
United Rentals says it’s buying National Pump, the second-largest pump rental company in North America, for $780 million. More »
Penny Pritzker’s visit comes just weeks before President Barack Obama is scheduled to fly to Saudi Arabia to meet King Abdullah in an effort to patch over strained relations due to U.S. policy on Iran and Syria. It will be Obama’s first visit to Saudi Arabia since 2009.
Ambassadors from Hungary, Poland, Slovakia and the Czech Republic made their appeal Friday in a letter to House Speaker John Boehner. More »
David Raine is now an executive with BHP Billiton Petroleum. More »
But crude ended the week with a loss of 1 cent.
Critics are raging after Chevron offered pizza coupons to a community near a fatal natural gas well explosion. But the talk of the Pennsylvania town is more the furious response by outsiders. More »
The board’s decision allows Enbridge to move 300,000 barrels of crude oil per day from Sarnia, Ontario, to Montreal.
The ad urges viewers to tell the president to approve the pipeline.
Natural gas gained 14 cents to $4.66 per 1,000 cubic feet. More »
Federal regulators offered more details on testing requirements for oil transported by rail on Thursday and warned companies against skirting the rules after a spate of explosions caused by crude train derailments in the U.S. and Canada. More »