Bloomberg

Bloomberg

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

Half-price Kurd oil threatens Iraq breakup with Turkish help

A tanker containing a million barrels of crude oil is floating around the Mediterranean, and its cargo is available at half-price. Yet if any country seizes the bargain, it may be pushing Iraq closer to disintegration.  More »

Enbridge’s toughest Gateway Pipeline tests still to come

Aboriginal and environmental groups are preparing legal challenges and blockades to halt construction of the pipeline.  More »

Obama pick to head FERC advances with compromise

Norman Bay and Cheryl LaFleur won Senate committee approval to be members of the Federal Energy Regulatory Commission as part of a compromise with the Obama administration on who would lead the agency.  More »

Breaking Bad meets Fargo in underbelly of shale boom

Along with oil prosperity in North Dakota has come a spasm of crime unlike any before on the prairie. Where farmers once sealed deals with a handshake, authorities now contend with drug gangs, meth labs, and violent crimes.  More »

Brazil energy giant buys $1.2B of pain in Texas

At least four federal investigations in Brazil are currently looking into Petrobras’ purchase of a Texas refinery and the decisions of officials including President Dilma Rousseff, the Petrobras chairman at the time of the purchase.  More »

Shell to sell shares in US pipeline unit amid energy boom

Royal Dutch Shell Plc will sell shares in a U.S. pipeline business in the second half of this year as Europe’s largest oil company takes advantage of investor appetite for North America’s energy infrastructure.  More »

Oil price creeps toward danger point for global economy

A spike in the price of crude historically has foreshadowed economic slumps and economists are worrying anew after the price touched its highest in nine months, above $113 a barrel, amid fresh violence in Iraq,  More »

Insurgents capture largest Iraq oil refinery

Abhishek Deshpande, oil markets analyst at Natixis, discusses the capture of Iraq’s largest oil refinery by ISIL insurgents and how it impacts oil production in Iraq and the global oil market.  More »

Gasoline at US pumps set to hit six-year seasonal high

Gasoline in the U.S. climbed this week, boosted by a surge in oil, and is expected to reach the highest level for this time of year since 2008.  More »

Russia needs US tech to unlock $8.2 trillion oil trove

Russia will require Western companies to provide the modern drilling and production gear — and techniques such as hydraulic fracturing — that are essential to unlocking its $8.2 trillion worth of barrels still underground.  More »

Shell to sell stake in Australia’s Woodside for $5 billion

Shell flagged last year that it would eventually sell its 23 percent holding in Australia’s second-largest oil and gas producer because it was no longer strategic.  More »

Coal’s share of world energy demand at highest since 1970

Coal dominated world energy markets last year by supplying the biggest share of demand since 1970, making it the fastest growing fossil fuel, according to an annual review by BP Plc.  More »

Norwegian oil industry faces mediation to avoid strike, output halt

Norwegian oil workers and employers will start mediation talks tomorrow to bridge differences and avoid a strike that threatens to halt about 115,000 barrels of oil a day  More »

Williams buying rest of Access Midstream Partners for $6 billion

The purchase from Global Infrastructure Partners II will increase William’s ownership to 100 percent of the general partnership and 50 percent of the limited partnership, Williams said in a statement.  More »

Siemens said to be preparing bid to buy Alstom’s gas turbine unit

Siemens AG is preparing a bid for Alstom SA’s energy unit that would leave it with the French company’s gas turbines while allowing partners Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. to expand their steam turbines and hydro businesses, people familiar with the matter said.  More »
Page 21 of 221« First...10...1920212223...304050...Last »