A halt to oil production in Kazakhstan, where riots left at least 14 people dead over the weekend, would have a similar impact on crude prices as the conflict in Libya, according to researchers at JBC Energy GmbH and Global Risk Management. More »
An oil spill near the coast of Nigeria is likely the worst to hit those waters in a decade, a government official said today, as slicks from the Royal Dutch Shell PLC spill approached the southern shoreline. More »
Spectra Energy Corp. plans to spend about $500 million in Ohio to expand shipping capacity on its Texas Eastern pipeline system to handle rising natural-gas production from the Utica and Marcellus shale formations. More »
The Justice Department has cleared the way for Exelon Corp.’s $7.9 billion purchase of Constellation Energy Group, Inc. to go forward, but said the companies must agree to sell three Maryland power plants first. More »
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