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CP Railway reopens line, cleans up after oil spill
ReutersTORONTO, May 22 (Reuters) - Canadian Pacific Railway Ltd said on Wednesday it has repaired and reopened a rail line near Jansen, Saskatchewan, and continues to clean up after a derailment that spilled 575 barrels of crude oil on Tuesday. CP, the country'...Tags: Water Pollution, Cerebral Palsy, Railway Transportation, Canada, Toronto (Canada)
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GLOBAL MARKETS-Shares edge higher but crude oil weakens
Reuters* Investors looking for clarity on Fed stimulus program * Dollar index firmer, but down from near 3-year high * Yen dips after Japanese minister says seeks 'balance' for currency * Commodities fall, gold and oil weaker on the day By Ryan Vlastelica...Tags: S&P 500, Economy, Business and Finance, Foreign Exchange Market, Japan, U.S. Congress
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Trans Mountain oil pipeline apportioned for June
ReutersMay 21 (Reuters) - Kinder Morgan Energy Partners LP said on Tuesday that shippers on its routinely overbooked Trans Mountain oil pipeline system between Alberta and the Pacific Coast will be limited to only 37 percent of their hoped-for volumes in June....Tags: Kinder Morgan Incorporated, Energy Partners Limited
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NYMEX-Oil prices drop below $96 after gasoline stocks jump
ReutersPERTH, May 22 (Reuters) - U.S. crude futures prices fell below $96 a barrel on Wednesday after an unexpected increase in U.S. gasoline stockpiles ahead of the summer driving season in the world's largest oil consumer. FUNDAMENTALS * U.S. July oil...Tags: S&P 500, Federal Reserve, Central Bank, Japan, Syrian Civil War (2011 - present )
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Shell says hunt for new CEO is underway
ReutersTHE HAGUE (Reuters) - The hunt for Royal Dutch Shell's next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the oil group's annual shareholder meeting. Voser announced his...Tags: Economy, Business and Finance, Finance, Politics, Companies and Corporations, Petroleum Industry
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South Sudan cuts oil output citing problem with exports to Sudan
ReutersJUBA/KHARTOUM (Reuters) - South Sudan has almost halved its oil production due to a problem with oil exports to Sudan, it said on Tuesday, adding it suspected its rival had closed the cross-border pipeline in a possible sign of new friction between the...Tags: Wars and Interventions, Unrest, Conflicts and War, Petroleum Industry, Sudan
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Chevron nears sale of Egypt, Pakistan downstream assets -sources
ReutersBy Dinesh Nair DUBAI, May 21 (Reuters) - Chevron Corp is in advanced talks to sell its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300 million for the U.S. oil major. Chevron, the second-...Tags: Business, Citigroup Incorporated, Chevron Corportion, Egypt, Royal Dutch Shell Plc
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India leads Asian cuts in Iran oil imports ahead of waiver review
Reuters* India cuts Iranian crude imports 17 pct Dec-April vs previous 6 months * China may reduce Iranian imports 5-10 percent in 2013 * U.S. due to review Asia's waiver extensions on Iran sanctions 3rd time By Nidhi Verma and Meeyoung Cho NEW DELHI/SEOUL,...Tags: Seoul (South Korea), South Korea, Insurance, United Nations, Tokyo (Japan)
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Enbridge to take Bakken crude with sulfide gas, with advance notice
ReutersBy Jeanine Prezioso NEW YORK, May 20 (Reuters) - Enbridge Energy Partners , which had threatened to close an oil rail loading terminal in North Dakota unless the content of potentially deadly sulfide gas in Bakken crude shipments was reduced, now says it...Tags: Enbridge Energy Partners LP
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COLUMN-Koch's unsightly coke mountain: Kemp
ReutersBy John Kemp LONDON, May 20 (Reuters) - Petroleum coke piled up along the banks of the Detroit River has sparked a storm of protest from local residents and environmental campaigners, who claim they are just one more problem associated with the...Tags: Saudi Arabia, Heavy Engineering, Energy Resources, Keystone XL Pipeline, The New York Times
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Situation in Syria against U.S., Israel: Hezbollah
The Lebanon Daily StarHezbollah MP Nawaf Musawi said Monday the battle situation in war-torn Syria is not turning in America and Israel's favor amid reports of almost 30 Hezbollah's fighters being killed in clashes with rebels in the Syrian town of Qusair. Musawi also warned...Tags: Energy Resources, Wars and Interventions, Beirut (Lebanon), Unrest, Conflicts and War, Lebanon
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Chesapeake Energy hires Anadarko executive as CEO
Reuters(Reuters) - Chesapeake Energy Corp on Monday named a top executive at rival Anadarko Petroleum Corp to head the No. 2 U.S. natural gas producer, which has suffered a governance crisis and liquidity crunch over the last year. Chesapeake hired Robert...Tags: Chesapeake Energy Corp., Economy, Business and Finance, U.S. Securities and Exchange Commission, NYSE Euronext, Inc., Management Change
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