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Canada PM defends tar sands pipeline plan, saying oil will come into US anyway
Associated PressNEW YORK (AP) — A controversial oil pipeline to the U.S. Gulf Coast "absolutely needs to go ahead," Canada's prime minister said Thursday, and he warned that the oil will be transported through America one way or another. Stephen Harper addressed...Tags: Greenpeace, Weather, Barack Obama, U.S. Department of State, Ecosystems
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FACTBOX-Foreign firms in China's shale gas sector
Reuters(Adds Italy Eni's joint study with CNPC) BEIJING, May 17 (Reuters) - Italian oil firm Eni has entered a joint study with China's CNPC to explore a shale gas block in the southwestern province of Sichuan, officials said on Friday, becoming one of the...Tags: Peter Voser, ConocoPhillips, Chevron Corportion, China, Exxon Mobil Corporation
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Marathon says Illinois crude oil pipeline still shut for work
ReutersNEW YORK, May 16 (Reuters) - Marathon Petroleum Corp said on Thursday that the 223,000 barrel-per-day crude oil pipeline from Wood River to Patoka, Illinois, remained shut after it leaked water and oil during testing over the weekend as part of routine...Tags: Energy Resources
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Ohio's Utica 2012 oil production lower than expected -state
ReutersMay 16 (Reuters) - Oil production from Ohio's Utica shale formation came in lower than expected last year, the Ohio Department of Natural Resources said in a report on Thursday. Oil output was 1,742 barrels a day on average in 2012, based on Reuters...Tags: Energy Resources
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Cameroon oil production down 8 pct in Q1 2013
ReutersYAOUNDE, May 16 (Reuters) - Cameroon crude production dipped more than 8 percent year-on-year in the first quarter of 2013 due to technical problems in some of its oil fields, the central African country's National Hydrocarbons Corporation (SNH) said on...Tags: Petroleum Industry, Cameroon, Energy Resources
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Platts in lockdown as investigators continue oil probe
Reuters* Investigators at Platts in London for third day * Raid the price of being relevant, Platts boss told staff * Platts vetting procedure for price contributions in focus * Platts still operating business as usual By Peg Mackey LONDON, May 16 (Reuters)...Tags: McGraw-Hill Incorporated, Police Investigations, Ethanol, Renewable Energy, Biofuels
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Chevron says Argentina has world's No. 2 shale oil resources
ReutersBy Karina Grazina BUENOS AIRES, May 16 (Reuters) - Argentina has the world's second largest reservoir of unconventional oil after the United States, concentrated in the Vaca Muerta megafield, said Ali Moshiri, president of Latin American and African...Tags: U.S. Department of Energy, Energy Resources, Ecuador, Argentina
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Residents in southern China shout 'Protest! Protest!' against plans for refinery in Kunming
Associated PressKUNMING, China (AP) — More than 2,000 people in southern China unfurled banners and shouted "Protest! Protest!" on Thursday to oppose plans for a petroleum refinery, in a large environmental rally that local authorities allowed to go forward in...Tags: China Earthquake (2010), China, Burma, Standards, Local Government
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Liberal win in Canada's British Columbia may raise pipeline odds
Reuters* Surprise Liberal win in B.C. may boost pipeline plans * Political opposition had pledged to block new pipelines * B.C. premier will support lines that meet conditions By Scott Haggett CALGARY, Alberta, May 15 (Reuters) - The surprise re-election...Tags: Energy, Energy Partners Limited, Kinder Morgan Incorporated, Enbridge Incorporated, Environmental Issues
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Canada crude - Prices rise as oversupply worries abate
ReutersCALGARY, Alberta, May 15 (Reuters) - Canadian crude prices strengthened on Wednesday, rising for a third straight session as some market concerns about oversupply eased. Western Canada Select heavy blend for June delivery last traded at $17.25 per barrel...Tags: Manufacturing and Engineering, Heavy Engineering, FirstEnergy Corp., Petroleum Industry, BP Plc
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Factory, wholesale price data flag economy's woes
ReutersWASHINGTON (Reuters) - Factory output dropped in April and manufacturing activity in New York state contracted this month, a sign that slowing global demand is weighing on the economy. The anemic growth picture was highlighted by another report on...Tags: Energy, Commodity Markets, Consumers, China, Foreign Exchange Market
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Lawmakers test Brown's no-tax resolve with calls to hike levies
SACRAMENTO — Releasing his latest budget plan this week, Gov. Jerry Brown repeated his assurance that the tax hikes voters agreed to last fall were enough, that he won't ask them to dig deeper into their pockets any time soon. "We just got a...
Tags: Darrell Steinberg, Bars and Clubs, Consumers, Consumer Goods Industries, Bob Huff
May 16, 2013
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May 16, 2013
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May 15, 2013
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May 15, 2013
|Story| Los Angeles Times
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