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NEW YORK— Halliburton said Friday it is entering its first joint venture in China that will use hydraulic fracturing, or fracking, to unleash energy. Halliburton said the companies have worked together for seven years. Halliburton Co. shares lost 59 cents to $68.76 in midday trading.
MANDAREE, N.D.— The snaking, nearly 2- mile trail of saltwater that an underground pipeline spewed in the rugged hills of western North Dakota's badlands left a 200- yard-long stretch of dead vegetation, a company official said, though she added there is no evidence yet that the spill has contaminated a nearby bay.
July 10- Shopping center owner and operator Regency Centers Corp offered to buy AmREIT Inc for about $433 million to expand in Texas and Georgia. AmREIT's shares jumped as much as 14.6 percent to the offer price of $22 before giving up some of the gains, while Regency's stock rose marginally.
MANDAREE, N.D.— Officials are assessing a spill of oil-drilling saltwater from a North Dakota pipeline to ensure none of the brine affected the lake an American Indian reservation uses for drinking water, the Environmental Protection Agency said Thursday. EPA said most of the spill was pooled on the ground, soaked into the soil and held behind beaver dams.
MOSCOW/ LONDON, July 9- With President Vladimir Putin watching from afar, the head of Rosneft, Igor Sechin, launched the world's biggest oil drilling platform in the Okhotsk Sea to warm handshakes with his colleagues from ExxonMobil.
As employees worked frantically to prepare the shelves and assess their inventory at Top Shelf Cannabis in Bellingham, Washington, 22- year-old Zoe Wainwright was among the dozens in line early Tuesday waiting for legal marijuana sales to begin.
NEW YORK— Kyle Taylor Parker is going from backup dancer to leading man— but staying in 6- inch heels. The performer who has been in "Kinky Boots" since it made its debut in Chicago in 2012 will step into Billy Porter's formidable high heels as the star of the first national tour of "Kinky Boots," which kicks off in Las Vegas on Sept. 4.
HOUSTON— Federal Aviation Administration authorities say air traffic controllers at a Houston airport averted a potential midair collision of two planes.
The Associated Press and eight environmental groups filed Freedom of Information Law requests with the state Office of Emergency Management this week, arguing that it's in the public interest for communities to know more about the shipments in light of at least eight major accidents during the last year, including one that killed 47 people in Quebec a year ago.
WASHINGTON— The 5- year-old U.S. recovery is gaining momentum from a surprisingly robust job market and moving the economy closer to full health. The unemployment rate dipped from 6.3 percent in May to its lowest level since the financial crisis struck with full force in the fall of 2008, when the Wall Street firm Lehman Brothers went bankrupt.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by one this week to 1,874.. Pennsylvania declined by five, California lost three, Louisiana was down two and Colorado and Kansas both were off one. Alaska, Arkansas, North Dakota, Ohio, Utah and Wyoming were unchanged.
One week after U.S. authorities confirmed a ruling easing a 40- year ban on shipping lightly processed oil abroad, Enterprise Product Partners has sold its first cargo to a Japanese trading house and was seeking more buyers in Latin America, according to trading sources.
June 30- U.S. office vacancy rate remained stagnant at 16.8 percent in the second quarter due to lower demand for new or additional space, real estate research firm Reis Inc said in a report released on Monday. Markets in Houston, San Jose, San Francisco, Dallas, New York, San Diego and Orange County had the strongest rent growth in the quarter, Reis said.
*Gold up for second quarter in a row. *Copper notches second monthly gain.
NEW YORK, June 30- Brent crude fell toward $112 a barrel on Monday, hitting an 18- day low as did U.S. crude near $105, as investors grew less worried about potential supply disruptions from Iraq.
NEW YORK, June 30- Brent crude fell more than $1 on Monday, nearing $112 a barrel while U.S. crude slipped below $105 as investors grew less worried about potential supply disruptions from Iraq. Heavy fighting in the north of Iraq has had little impact on the southern refineries that produce around 90 percent of the OPEC member's oil shipments.
*Iraq sends tanks, armoured vehicles to fight insurgents. NEW YORK, June 30- Oil prices fell on Monday, with Brent crude dropping below $113 a barrel as investors grew less jittery about global supplies after Iraq government forces launched a pushback against a Sunni militant insurgency.
OKLAHOMA CITY— Oil and gas exploration company Devon Energy Corp. is selling some U.S. oil and gas properties to Linn Energy LLC for $2.3 billion. Houston- based Linn Energy said it plans to finance the transaction by selling its Granite Wash assets and other non-producing acreage.
NEW YORK, June 30- After decades of isolation, the United States is set to become a major player in the global trade of ultra light oil as recent government export approvals attract interest across the world.
JERUSALEM— One of the developers of a natural gas field off Israel's Mediterranean coast on Sunday said it has signed a letter of intent to provide gas to a facility in Egypt. Until recently, Egypt provided natural gas to Israel.