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Repsol said to explore bid for Talisman Energy

Talisman has a market value of about $10.2 billion.  More »

Mexico’s Senate approves energy overhaul

Opponents, primarily from the Democratic Revolution Party, or PRD, denounced the move as treason.  More »

U.S. sanctions hit Russian energy, other companies

Among the companies hit were OAO Rosneft, Russia’s largest oil company,  More »

Canada extends review of Kinder’s $5 billion pipeline expansion

The Trans Mountain project would bring additional output from Alberta’s oil sands to Canada’s Pacific Coast.  More »

BP workers can sue over retirement losses tied to spill, court says

The plan managers “knew or should have known, based on a variety of sources, that BP shares were not a prudent investment,” the workers alleged in their complaints.  More »

Whiting to buy Kodiak, creating larger North Dakota player

Whiting Petroleum Corp. agreed to buy Kodiak Oil & Gas Corp. for about $3.8 billion in stock, creating what it called the largest oil producer in the Bakken/Three Forks region of North Dakota.  More »

U.S. Imposes duties on steel pipe imports from South Korea

he U.S. Commerce Department set duties from 9.89 percent to 15.75 percent on Korean pipe, which is used in oil drilling, according to a fact sheet released today by the agency. Last year, pipe worth $818 million was exported to the U.S. from South Korea.  More »

Oil demand up fastest since 2010 on China, IEA says

Global oil demand will rise at the fastest pace in five years in 2015 as China leads gains in emerging economies, the International Energy Agency said.  More »

Shale shifting flows at America’s biggest oil port

With domestic production at a 28-year high, LOOP’s managers are thinking the previously unthinkable: They want to reverse the flows and send North American oil out as well as take foreign oil in.  More »

Macquarie fund buys terminals business in American expansion

A fund managed by Macquarie Group Ltd. agreed to take full control of a U.S. bulk liquid terminals operation for $1.03 billion in cash and stock as Australia’s largest investment bank expands its North American businesses.  More »

Norwegian oil services strike averted

Norway’s Industri Energi union and the oil and gas producer lobby reached an agreement on pay, averting a strike at companies including Halliburton Co., Schlumberger and Baker Hughes.  More »

Cash for city means mum’s the word on pipeline

TransCanada bought an emergency vehicle for a Canadian town under a contract whose provisions include the town’s agreement not to comment on the company’s pipeline activities.  More »