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  • SCRANTON, Pa.— The companies backing a 124- mile pipeline designed to ferry cheap Marcellus Shale natural gas to New York and New England can build across seven northeastern Pennsylvania properties whose owners had not agreed to it, a judge ruled. The lead partners in the Constitution Pipeline are Tulsa, Oklahoma- based Williams Partners LP and Houston- based...

  • Canadian oil sands woes reach far-flung eastern shores Thursday, 19 Mar 2015 | 1:00 AM ET

    Cape Breton is another example how the 60 percent slide in oil prices since last June has rippled far and wide, affecting property markets in Alberta and North Dakota, helicopter sales in Houston, the Canadian dollar and national interest rates. Many young workers head to Fort McMurray in northern Alberta, lured by big paychecks awaiting at oil sands projects...

  • HOUSTON/ WILLISTON, N.D., March 18- With the prospect of another plunge in crude prices looming after two months of stability, U.S. shale oil producers may face another round of spending cuts to conserve cash and survive the downturn. "If I were an oil company today, I would talk about one thing: how far can you cut costs," said Fadel Gheit, an oil analyst at Oppenheimer in New...

  • HONG KONG, March 18- Mainland Chinese account for over 80 percent of people awaiting visas that bestow U.S. citizenship in return for investment, showed findings by real estate services firm Savills Studley, who said the trend is pushing up demand for commercial property. A rising number of Chinese are applying for EB-5 visas, where non-citizens put at least...

  • ConcoPhillips to cut spending, expects output boost Tuesday, 17 Mar 2015 | 12:55 PM ET

    ConocoPhillips plans to cut capital spending over the next three years as the energy company and its peers contend with lower oil prices and a volatile market. Meanwhile, shares of ConocoPhillips are down about 8 percent over the last 52 weeks. Shares of ConocoPhillips slipped 36 cents to $62.04 in midday trading.

  • The widespread use of a combination of drugs that include Gilead Sciences Inc's Sovaldi, known generically as sofosbuvir, will nonetheless be a significant cost for the U.S. healthcare system, researchers wrote. Sovaldi's initial $84,000 price drew widespread criticism last year, and insurers have since pressed Gilead and rival AbbVie Inc to offer steep...

  • Key events in life of wealthy eccentric Robert Durst Monday, 16 Mar 2015 | 10:20 AM ET

    NEW ORLEANS— A timeline of key events in the life of Robert Durst, a member of a wealthy New York real estate family who was arrested in New Orleans on a murder warrant in his friend Susan Berman's 2000 death. Susan Berman, 55, a writer and friend who acted as Durst's spokeswoman after his wife disappeared, is shot once in the back of her head at her Los Angeles home...

  • Midstates Petroleum beats Street 4Q forecasts Monday, 16 Mar 2015 | 7:30 AM ET

    HOUSTON _ Midstates Petroleum Co. on Monday reported fourth-quarter net income of $128.1 million, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis. Three analysts surveyed by Zacks expected $155 million.

  • NEW ORLEANS— Wealthy eccentric Robert Durst agreed Monday to face a murder charge in Los Angeles in the shooting 15 years ago of a mobster's daughter who vouched for him after his wife disappeared. The heir to a New York real estate fortune was arrested at a New Orleans hotel over the weekend and had a revolver on him, according to a police report.

  • In West Texas, engineers activated a new pipeline that cuts diagonally across the state to deliver crude from the oil-rich Permian Basin to refineries near Houston. And in a string of towns in Kansas, Iowa and South Dakota, local government officials are scrutinizing the path of pipeline extensions that would pass nearby. The pipeline build-out provides a...

  • KANSAS CITY, Mo.— A foodborne illness linked to some Blue Bell ice cream products might have been a contributing factor in the deaths of three hospital patients in Kansas, health officials said Saturday. But listeriosis didn't cause the deaths, according to Kansas Department of Health and Environment spokeswoman Sara Belfry. Francis hospital in Wichita, Kansas,...

  • Brent holds above $57 on bargain hunting, weaker dollar Thursday, 12 Mar 2015 | 11:41 PM ET

    *The end of a 40- day walkout by U.S. refinery workers may support prices- analyst. SINGAPORE, March 13- Brent crude steadied above $57 a barrel on Friday on bargain hunting by investors, but gains were capped by a steadying dollar after its fall from multi-year highs on weaker U.S. retail sales. Brent for April delivery was trading up 5 cents at $57.13 by 0318 GMT after...

  • *Genscape cites another big U.S. crude stock in Cushing- trade. NEW YORK, March 12- Global oil prices fell on Thursday on estimates showing another big supply build at the delivery point for the U.S. crude contract, with trade volatile ahead of the expiry of the front-month in benchmark Brent oil. "The ship channel opening allows crude to get to refineries and the...

  • *Iraq seeks to stem losses from falling oil prices. BAGHDAD, March 12- Oil companies have proposed millions of dollars of cuts in development spending in Iraq, a senior oil ministry official said, after Baghdad told them low oil prices and its fight against Islamic State had made payments difficult. The slump in crude prices to below $60 a barrel from $115 in June has...

  • HOUSTON, March 11- The United Steelworkers union signaled that lead refinery owner representative Shell Oil Co may offer a possible settlement in the coming days that could end the largest refinery strike in 35 years. "Policy committee traveling to Houston to review any proposals. The national agreement being negotiated by the USW and Shell Oil, the U.S. arm of...

  • HOUSTON, March 11- The United Steelworkers union signaled that lead refinery owner representative Shell Oil Co may offer a possible settlement in the coming days that could end the largest refinery strike in 35 years. In a message issued Wednesday night, the union said it was assembling its policy committee which represents the rank and file to review...

  • NEW YORK/ TORONTO March 10- HumakerUBS AG has poached a U.S. team of some 15 oil and gas investment bankers from Bank of Montreal, significantly weakening the energy dealmaking capacity at Canada's fourth-largest bank, people familiar with the matter said. The moves come amid plummeting oil prices that have prompted banks to try to lure talented energy bankers...

  • SINGAPORE, March 5- U.S. crude was trading comfortably above $51 a barrel on Thursday, after comments by Saudi's oil minister predicting a floor for prices and as Iran nuclear talks hit a bump. President Barack Obama' s demand that it freeze sensitive nuclear activities for at least 10 years but said it would continue talks on a deal, Iran's semi-official Fars news...

  • HOUSTON, March 4- Labor leaders and oil company representatives will resume face-to-face talks on Monday in Houston in a bid to agree on a new contract that would end the biggest U.S. refinery strike in 35 years, the United Steelworkers union said on Wednesday. The protracted strike has prompted at least some workers in Texas to return to their jobs.

  • Oil and gas contractor Cal Dive files for bankruptcy Tuesday, 3 Mar 2015 | 6:28 PM ET

    March 3- Offshore oil and gas contractor Cal Dive International Inc said the company and its U.S. subsidiaries filed for voluntary bankruptcy protection. Cal Dive's foreign units have not sought bankruptcy protection and will continue to operate outside of any reorganization proceedings, the company said on Tuesday. Cal Dive has been hurt by the slump in...