Bloomberg

Bloomberg

You can read more from Bloomberg at www.bloomberg.com

Japanese lawmakers to lobby for Russian gas pipeline

Japanese lawmakers are reviving efforts for a $5.9 billion natural gas pipeline from Russia to cut energy costs after the Fukushima nuclear disaster.  More »

Shakeout threatens shale patch as frackers go for broke

The U.S. shale patch is facing a shakeout as drillers struggle to keep pace with the relentless spending needed to get oil and gas out of the ground.  More »

Greenpeace boards rig heading for Norway’s northernmost drilling site

Activists from environmental group Greenpeace boarded a Statoil rig en route to drill Norway’s northernmost exploration well in the Barents Sea, saying it’s too close to the polar ice cap and a key nature reserve.  More »

BP loses bid to halt oil spill payments during high court review

BP can’t delay writing checks for hundreds of millions of dollars in damage claims while it asks the U.S. Supreme Court to review disputed payments in its $9.2 billion accord over the 2010 Gulf of Mexico oil spill.  More »

Europe’s Russian gas addiction skews sanctions debate

European leaders, while calling Ukraine’s May 25 presidential election a success, are still facing a deeper dilemma: how to free their countries from an addiction to Russian energy.  More »

Exxon LNG project in talks with Asia customers on spot sales

Exxon Mobil Corp., operator of a $19 billion liquefied natural gas project in Papua New Guinea, is talking to customers in Asia about selling cargoes on the spot market.  More »

UK says South England holds billions of barrels of shale oil

Shale rock underneath some of the wealthiest counties in southern England may contain billions of barrels of oil, a new government report said.  More »

US wood pellet exports double on British demand surge

U.S. wood pellet exports doubled to 3.2 million short tons last year, from 1.6 million tons in 2012, led by demand from the U.K.  More »

LNG sellers to chase Japan, South Korea on China-Russia gas deal

Liquefied natural gas sellers may face more competitive markets in Japan and South Korea, which together bought more than half of the world’s supply in 2013, after China signed a mega gas deal with Russia.  More »

Judge rejects creditors’ bid to send bankruptcy case to Texas

Energy Future Holdings Corp., the bankrupt Texas power provider, will restructure $40 billion in debt in a Delaware court, a federal judge ruled, rejecting a request by creditors to transfer the case to Dallas, where the company is based.  More »

Marathon Petroleum buys Hess retail for $2.87 billion

Marathon Petroleum Corp. (MPC) agreed to acquire Hess Corp.’s gasoline stations and retail business for a total of $2.87 billion, expanding its footprint to 23 states from nine.  More »

TransCanada explores oil by rail as Keystone XL process drags

TransCanada Corp. is considering ways to deliver Canadian crude oil by rail to the U.S. as customers of its proposed Keystone XL seek an alternative to the delayed pipeline, Chief Executive Officer Russ Girling said.  More »

Russia-China deal risks damping LNG prices

China’s deal to buy natural gas from Russia after a decade of talks risks making tanker shipments of the fuel less competitive as new projects target Asian markets.  More »

Obama divides power players with pollution rule utilities accept

The Obama administration’s upcoming greenhouse gas rules are gaining acceptance from an unlikely quarter — power companies — and splitting the energy industry’s normally unified opposition to new limits.  More »

Putin’s China gas deal risks lower returns for Gazprom

What’s good for Russia isn’t necessarily good for the country’s largest company.  More »
Page 20 of 216« First...10...1819202122...304050...Last »