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  • Alstom and GE chiefs celebrate "three-fold win" Tuesday, 24 Jun 2014 | 1:23 PM ET

    BELFORT, France, June 24- In a joint trip to the eastern town of Belfort that is the cradle of their cooperation in France, the bosses of Alstom and General Electric defended their tie-up as good for business, jobs and France.

  • HOUSTON, June 24- The United States should follow the example of Canadian transport regulators with a relatively quick phasing-out of older tank cars that carry volatile crude oil, the head of Canada's National Transportation Safety Board said on Tuesday.

  • "Houston has had this incredible growth rate but the lack of skilled workers could slow us down," said Patrick Jankowski of the Greater Houston Partnership. The Houston economy grew 5.3 percent in 2012, trailing only San Francisco while outpacing the wider U.S. economy, according to the most recent data available from the Bureau of Economic Analysis.

  • In a majority decision by Chief Justice John Roberts, the court agreed with Halliburton Co that companies accused of misleading investors deserved a chance, before a class action is certified, to show that any alleged misrepresentation had no impact on the stock price. The vote in favor of Halliburton was unanimous.

  • HOUSTON, June 20- The prospect of cheap natural gas prices fueling an industrial renaissance in the United States is at odds with the needs of gas producers, an energy economist said this week. But continued growth is unlikely unless current prices rise substantially, said Gurcan Gulen, senior energy economist at the Center for Energy Economics in Houston.

  • *Iraq government forces appear to hold biggest refinery. *Crude exports from southern Iraq unaffected. Rising U.S. oil prices further constricted their discount to Brent crude, which fell from a nine-month high, slipping below $115 a barrel, on easing concerns over supply disruptions due to the violence in Iraq.

  • *Iraq government forces appear to hold biggest refinery. *Crude exports from southern Iraq unaffected. Rising U.S. oil prices further constricted their discount to Brent crude, which fell from a nine-month high, slipping below $115 a barrel, on easing concerns over supply disruptions due to the violence in Iraq.

  • June 19- Midstream energy company Targa Resources Corp said on Thursday it is no longer in discussions with Energy Transfer Equity LP, the pipeline company controlled by billionaire Kelcy Warren, regarding a deal.

  • UPDATE 2-Shell launches U.S. pipeline IPO Wednesday, 18 Jun 2014 | 11:49 AM ET

    *Shell Midstream Partners LP files to raise up to $750 million. Shell Midstream Partners LP filed with U.S. regulators on Wednesday to raise up to $750 million in an initial public offering of common units.

  • Wall Street's latest craze: 'Superfracking' Wednesday, 18 Jun 2014 | 7:22 AM ET
    Gas is flared as waste from the Monterey Shale formation where gas and oil extraction using hydraulic fracturing, or fracking, is on the verge of a boom on March 22, 2014 near Buttonwillow, Calif.

    Demand is up for sand used in fracking, which blasts it into wells to crack rock and release oil and natural gas.

  • UPDATE 1-Shell Midstream files for US IPO Wednesday, 18 Jun 2014 | 7:19 AM ET

    *Company formed by Royal Dutch Shell as an MLP. June 18- Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, filed with U.S. regulators on Wednesday to raise up to $750 million in an initial public offering of common units.

  • Shell Midstream files for US IPO Wednesday, 18 Jun 2014 | 6:15 AM ET

    June 18- Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, filed with U.S. regulators on Wednesday to raise up to $750 million in an initial public offering of common units.

  • ANALYSIS-Wall Street's latest fad is built on sand Wednesday, 18 Jun 2014 | 1:00 AM ET

    Emerge Energy Services LP, a master limited partnership that produces sand for use in hydraulic fracturing, began trading a little more than one year ago at $17 per unit. Shares of two other sand miners, U.S. Silica Holdings Inc and Hi Crush Partners LP, have more than doubled in the past year.

  • *Iran, world powers to meet in Vienna for nuclear talks. *Britain to reopen Iran embassy in diplomatic breakthrough. NEW YORK, June 17- Brent oil held steady above $113 per barrel and U.S. crude weakened slightly on Tuesday as fears over oil supply disruptions from Iraq offset the possibility of increased supply due to a thawing of relations between Iran and the West.

  • Iran, world powers to meet in Vienna for nuclear talks. *UK to reopen Iran embassy in diplomatic breakthrough. NEW YORK, June 17- Brent oil held steady above $113 per barrel on Tuesday and U.S. crude weakened slightly as fears over oil supply disruptions from Iraq offset thawing relations between Iran and the West.

  • Iran, world powers to meet in Vienna for nuclear talks. *Iraq's main refinery shuts down. NEW YORK, June 17- Brent oil held steady above $113 per barrel on Tuesday as fears that violence in Iraq could hit exports offset thawing relations between Iran and the West that could boost that nation's output.

  • NEW YORK, June 16- A new chapter in the North American oil revolution is about to open on the Texas coast, with two major pipelines poised this summer to deliver an unprecedented influx of heavy Canadian crude to U.S. refineries- and potentially beyond.

  • June 13- A U.S. judge set a May 2015 trial date on Friday for BP Plc to face claims in a lawsuit accusing the company of misleading investors about the severity of the 2010 Gulf of Mexico oil spill.

  • *Brent passes $110 but fails to sustain momentum. NEW YORK, June 10- Brent crude dropped further below $110 on Tuesday, while U.S. oil also fell, pressured by a stronger dollar and profit taking by traders following strong gains on Monday.

  • UPDATE 7-Brent oil falls below $110 on profit-taking Tuesday, 10 Jun 2014 | 12:34 PM ET

    *Brent balks above $110 and falls. NEW YORK, June 10- Brent crude oil pared gains and fell below $110 a barrel on Tuesday, shrugging off some positive signals as traders took profits following strong gains on Monday. "This just looks like some profit-taking after the strong gains," said John Kilduff, partner at Again Capital LLC in New York.