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  • VANCOUVER, Washington, July 21- California's chance to keep a lid on some of the nation's highest gas prices and join in the spoils of a domestic oil production boom is threatened by quickly growing opposition to a rail terminal in Washington state.

  • NEW YORK, July 18- Brent and U.S. crude eased at midday on Friday after sharp gains sparked by heightened geopolitical risk from the downing of a Malaysian jetliner over eastern Ukraine and as Israeli ground troops advanced into Gaza.

  • NEW YORK, July 18- Brent and U.S. crude eased at midday on Friday after sharp gains sparked by heightened geopolitical risk from the downing of a Malaysian jetliner over eastern Ukraine and as Israeli ground troops advanced into Gaza.

  • NEW YORK, July 18- After more than a year of scaling back in commodities, Morgan Stanley is ready to expand. For example, Morgan Stanley is looking at making more loans to energy producers and sell more commodity-linked products to retail investors, the sources told Reuters. Commodities trading was big for Morgan Stanley before the financial crisis.

  • Schlumberger 2Q profit drops 24 percent Thursday, 17 Jul 2014 | 4:59 PM ET

    HOUSTON— Schlumberger NV on Thursday reported profit that declined by 24 percent in its second quarter, and beat analysts' expectations. The Houston- based company said earnings decreased to $1.6 billion, or $1.21 per share, from $2.1 billion, or $1.57 per share, in the same quarter a year ago.

  • SAN FRANCISCO, July 17- U.S. crude oil jumped by as much as $2 Thursday after a Malaysian airliner crashed over eastern Ukraine on the heels of fresh U.S. sanctions on Russia that had raised geopolitical concerns.

  • *U.S. sanctions on Russia add risk premium to crude. SAN FRANCISCO, July 17 (Reuters)- U.S. crude oil jumped by more than $1 on Thursday after tougher U.S. sanctions on Russia raised geopolitical concerns and the prospect of increased European demand for refined products from the United States.

  • United defends bird kill at Houston airport Wednesday, 16 Jul 2014 | 6:55 PM ET

    DALLAS— United Airlines is defending the poisoning of birds at Houston's biggest airport, saying it was done for health and safety reasons. The bait manufacturer, Avitrol Corp., says a lethal dosage causes birds to show distress— including alarm cries and trembling— that frightens away other birds.

  • Ex-prosecutor asks for pardon in fatal GM crash Wednesday, 16 Jul 2014 | 5:55 PM ET

    HOUSTON— A former Texas prosecutor has asked the state to pardon a woman who pleaded guilty in a 2004 car crash that killed her fiance, saying she now believes the accident was caused by a faulty General Motors ignition switch.

  • HOUSTON, July 16- Plains All American may build new pipelines dedicated solely to a very light form of crude oil known as condensate in parts of the Permian Basin in West Texas as output increases, an executive of the U.S. company said this week.

  • UPDATE 1-U.S. court revives BP retirement-plan lawsuit Tuesday, 15 Jul 2014 | 8:07 PM ET

    July 15- A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans claimed they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster.

  • July 15- A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster.

  • Carbo Ceramics Inc, a Houston- based oil services company that is the world's largest producer of tiny ceramic balls that can boost the production of fractured wells, may hold the answer.

  • United Airlines reducing Venezuela flights Friday, 11 Jul 2014 | 6:35 PM ET

    CHICAGO— United Airlines is the latest carrier to say it will reduce flights to Venezuela over a dispute about money trapped by tight currency controls in the South American country. American Airlines Group Inc., Delta Air Lines Inc. and several foreign airlines have previously announced cutbacks.

  • NEW YORK, July 11- United Continental Holdings Inc said on Friday it would drop its daily flight to Caracas, Venezuela, from Houston, starting in September, joining other U.S. carriers who have cut service over the country's foreign exchange controls.

  • NEW YORK, July 11- United Continental Holdings Inc said on Friday it would drop its daily flight to Caracas, Venezuela, from Houston, starting in September, joining other major U.S. carriers who have reduced service because of problems repatriating their revenue through the country's foreign exchange controls.

  • US rig count rose 1 to 1,875 Friday, 11 Jul 2014 | 5:53 PM ET

    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 1,875.. Of the major oil- and gas-producing states, Alaska, Kansas, Louisiana, Pennsylvania and Texas gained two rigs each. Arkansas, Colorado, New Mexico and Utah had unchanged rig counts.

  • New York won't keep oil train details secret Friday, 11 Jul 2014 | 4:32 PM ET

    ALBANY, N.Y.— New York's homeland security agency is refusing requests from freight railroads to further restrict public information about their crude oil shipments, concluding it's not sensitive security information and will be given to local emergency planners.

  • Halliburton forms energy joint venture in China Friday, 11 Jul 2014 | 12:20 PM ET

    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.

  • Pipeline breach renews call for more monitoring Friday, 11 Jul 2014 | 3:25 AM ET

    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.