Canadian gas distributor and oil pipeline company Enbridge Inc. says it will pay $1.15 billion US to buy half ownership in the Seaway crude pipeline system between Texas and Oklahoma from U.S. oil giant ConocoPhillips. View full post on Canada Business Stories
Posts Tagged ‘Oil’
Lawsuit looks to stop Keystone preparations
October 5th, 2011
admin Three American conservationist groups contend in a lawsuit that U.S. officials illegally allowed a Canadian company to begin preparing the route for its proposed 2,730-kilometre oil pipeline from Western Canada to Texas even though the project hasn’t gained final government approval. View full post on Canada Business Stories
USA : USW Delegates Set National Oil Bargaining Policy
September 28th, 2011
admin Source: USW View full post on Business Stories
Oil speculators cash in: China exec
April 5th, 2011
admin Oil market speculators are cashing in on unrest in the Middle East, which is driving prices higher even though crude supplies are unlikely to be cut, says a Chinese oil executive. View full post on Finance Stories
Oil down as Egypt violence subsides
February 7th, 2011
admin Oil prices fell for a third day Monday as an uneasy calm settled over Egypt and investor worries about the pace of U.S. recovery resurfaced. View full post on Canada Business Stories
Morning meeting: BP’s Rosneft deal met with US anger
January 27th, 2011
admin BP’S deal with Russia’s Rosneft to explore for oil in the Arctic was met with howls of protest from US politicians who already had it in for the British company after the Gulf of Mexico disaster. View full post on Business Stories
Italy, Venezuela Ink Major Oil Deal
November 23rd, 2010
admin AHN News Staff Caracas, Venezuela (AHN) – In what could be the largest joint investment between Italy and Venezuela, energy giants of both countries have signed an agreement to develop crude oil fields and to construct a refinery. The $17 billion deal was signed between Italian energy company ENI and Venezuelan state-owned oil company Petroleos [...]
Korean Hostility, U.S. Economic Downgrade Send Stocks Falling
November 23rd, 2010
admin Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – The exchange of artillery fire between North and South Korea and the Fed’s bleak economic outlook next year sent shivers down the spine of investors and U.S. stocks sliding on Tuesday. The Dow Jones Industrial Average lost 153 points or 1.5 [...]

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