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Tesoro to sell Boise petroleum terminal to win US deal approval
ReutersWASHINGTON, June 17 (Reuters) - U.S. antitrust regulators have given oil refiner Tesoro Corp and its logistics subsidiary approval to buy Northwest Products Pipeline system and related assets from Chevron Corp, on the condition that its sells a...Tags: Energy Resources, Chevron Corportion
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UPDATE 2-S&P downgrades Venezuela's sovereign credit rating to B
ReutersBy Daniel Bases NEW YORK, June 17 (Reuters) - Standard & Poor's downgraded Venezuela's sovereign foreign currency credit rating by one notch on Monday, citing political turmoil as an impediment to enacting meaningful reforms in order to stop a slide in...Tags: Credit and Debt, Elections, Economic Indicator, Upstream Oil and Gas Activities, Stock Market
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Gov. Quinn signs bill to regulate fracking
Tribune reporterGov. Pat Quinn today signed sweeping legislation to regulate horizontal hydraulic fracturing, better known as "fracking." The move, which was expected, adds a bevy of restrictions and protections to an industry that while legal, was largely unregulated....Tags: Pat Quinn, Labor Markets, Crime, Law and Justice, Natural Resource Industry, Executive Branch
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COMMODITIES-Metals, oil down ahead of Fed meeting; natgas jumps
Reuters* Copper ends modestly lower ahead of two-day Fed meeting * Oil down after initially rallying on Syria conflict * Gold subdued by equities rally on Wall Street * Natgas up as weather suggests more air-conditioning needs By Barani Krishnan NEW YORK,...Tags: Central Bank, Vladimir Putin, Russia, Ben Bernanke, Casino and Gambling Industry
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TABLE-U.S. soybean processors downtime schedule
ReutersJune 17 (Reuters) - Downtime maintenance schedules for selected U.S. soybean processing plants, according to processors, cash traders and brokers contacted by Reuters. * = Indicates downtime confirmed by the company. + = Indicates a plant may be...Tags: West Point, Raleigh, Salisbury (Wicomico, Maryland), Gainesville, Emporia (Emporia, Virginia)
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EXCLUSIVE-Talisman considers sale of Eagle Ford assets-sources
ReutersNEW YORK, June 17 (Reuters) - Canadian oil and gas company Talisman Energy Inc is exploring the sale of its shale assets in the Eagle Ford basin in south Texas, hoping it could raise as much as $2 billion, two people familiar with the matter said on...Tags: Sports, Royal Bank of Canada, Talisman Energy Incorporated, Softball, Statoil ASA
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Obama considers sweeping climate plan
WASHINGTON — The Obama administration is considering a sweeping initiative to address climate change, including the first-ever limits on carbon dioxide from power plants, the country's biggest source of greenhouse gas emissions, according to...
Tags: Washington, DC, Auto Trends, White House, Electricity Production and Distribution, Environmental Issues
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Gas prices up slightly in Washington County
caleb.calhoun@herald-mail.comGasoline prices were up slightly on Monday from last week in Hagerstown, despite a drop in the national average price, according to the AAA Daily Fuel Gauge report online at http://fuelgaugereport.aaa.com. The local average of regular grade gas rose from...Tags: AAA, Cumberland (Allegany, Maryland), Washington, DC, Hopewell (Hopewell, Virginia), Salisbury (Wicomico, Maryland)
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COLUMN-Indonesia's fuel subsidy cut is good, more still needed: Clyde Russell
Reuters--Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, June 18 (Reuters) - It's taken Asian countries far too long to realise that fuel subsidies are unsustainable and poor economic...Tags: Consumers, Elections, Prices, Australia, India
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PRESS DIGEST - Wall Street Journal - June 18
ReutersJune 18 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * President Barack Obama and Russian counterpart Vladimir Putin clashed openly over Syria...Tags: Fuel-efficient Vehicles, Citigroup Incorporated, Liberty Global Incorporated, The Wall Street Journal, Sprint Nextel Corporation
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CORRECTED-Brent hovers near 10-week high, Fed meeting in focus
Reuters(Corrects to say in paragraph 2 that Fed meeting starts on Tuesday, not Wednesday) * Investors on the sidelines ahead of FOMC meet * Market keeps an eye on standoff over Syria By Luke Pachymuthu SINGAPORE, June 18 (Reuters) - Brent crude futures...Tags: Vladimir Putin, Unrest, Conflicts and War, Federal Reserve, Summits, Bashar Assad
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Indonesia fuel hike to take effect after compensation plan finalised
ReutersJAKARTA, June 18 (Reuters) - Indonesia will hike petrol prices once the government has finalised the process to compensate poor families for the rise in fuel costs, the finance minister said on Tuesday. Chatib Basri did not provide a specific timeline on...Tags: Pension and Welfare, Interior Policy, Politics, Indonesia
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