Roughly two dozen congressional Democrats want the Obama administration to postpone a final environmental assessment of TransCanada Corp.’s proposed Keystone XL pipeline until conflict of interest allegations surrounding that review have been resolved.
A federal bankruptcy judge’s ruling that Anadarko Petroleum Corp. may have to pay up to $14 billion in liabilities shocked Wall Street on Friday. Investors have erased nearly $4 billion from the company’s market capitalization Friday.
The nation’s oil capital has become a model for progress in electrically powered vehicles, boasting the nation’s third-largest municipal hybrid fleet, according to new report from advocacy group Electrification Coalition.
The percentage of North Dakota oil shipped by rail will likely jump significantly in the next year as producers increasingly turn to trains to reach U.S. refineries where premium prices are fetched, the state’s top oil regulator told lawmakers Thursday.
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