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Cameron LNG applies for approval of project expansion

The project is among several proposals to tap into ample supplies of gas from shale rock in the U.S. and an extensive pipeline network to meet demand from Japan, South Korea and other LNG importers.  More »

Oil extends weekly loss as Libya opens pipeline

West Texas Intermediate lost as much as 2.5 percent after falling 4.6 percent last week.  More »

Truckers with 35,000 openings seek jobless oil workers

Attracting and retaining drivers is one of the biggest challenges for long-haul trucking companies, which can see annual driver turnover of more than 100 percent, according to Bloomberg Intelligence.  More »

Oil’s pain is Wal-mart’s gain

Analysts at Goldman Sachs note that the longer gas prices stay low, the more consumers like to spend.  More »

Citigroup sets $100 billion funding goal for green projects

The effort builds on an earlier goal to arrange $50 billion in deals that the bank set for itself in 2007 and achieved in 2013, three years ahead of schedule.  More »

Saudi oil output rising amid fight for market share

Saudi Arabia, the world’s largest crude exporter, led the Organization of Petroleum Exporting Countries’ decision in November to maintain its output target to preserve market share, rather than cut supply to boost prices.  More »

Obama’s chief economist says oil price drop offsets slowdown overseas

The annual Economic Report of the President, to be released Thursday, projected 3 percent annual growth this year.  More »

Iran’s Khamenei threatens to halt oil sales if sanctions persist

Iran’s economy has languished under sanctions imposed over concerns that its nuclear program could lead to the development of atomic weapons.  More »

Technip promises revenue growth in 2015 amid oil-price slump

Technip said it adapted to the challenging conditions in the oil industry by cutting costs, reducing headcount and streamlining its fleet of vessels.  More »

World’s largest oil exporter said to seek $10 billion

The rapid decline in oil prices since June last year may encourage a wave of consolidation and acquisitions in the energy sector.  More »

Norway rejects call to cut oil taxes as cure for crude crash

Oil companies in the country are preparing to cut investment by 15 percent this year.  More »

Saudi Arabia’s oil exports fell in 2014 in ‘tough year’

Saudi Arabia will maintain output, Oil Minister Ali Al-Naimi said in December, according to the state-run Saudi Press Agency.  More »

Oil rises to highest this year amid Libyan, Iraqi disruptions

West Texas Intermediate oil for March delivery rose 75 cents from Friday’s settlement to $53.53 a barrel on the New York Mercantile Exchange.  More »

T. Boone Pickens’ energy holdings lost nearly half of their value in fourth quarter

Oil’s more than 51 percent decline since June 20 has eroded profits and forced major producers and drillers to cut more than $40 billion in spending and fire 50,000 workers.  More »

China considering merging state-owned oil companies

The country’s leaders have asked government economic advisers to study the possible mergers, the Wall Street Journal said, citing unidentified officials familiar with the research.  More »
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