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  • MENE GRANDE, Venezuela, Aug 5- Venezuelan state oil company PDVSA will sell North American unit Citgo Petroleum if it receives a good offer, Petroleum Minister Rafael Ramirez told reporters on Tuesday in what would be its biggest pullback ever from the U.S. refining market.

  • *Ohio refinery to undergo turnaround in 4 Q. Aug 1- PBF Energy Inc is taking some crude by rail at its Ohio refinery via a third party, but the company may build its own offloading facility there, Chief Executive Officer Tom Nimbley told analysts on Friday.

  • WASHINGTON, July 31- The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe.

  • UPDATE 1-US DOE approves Oregon project to export LNG Thursday, 31 Jul 2014 | 2:33 PM ET

    WASHINGTON, July 31- The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe.

  • WASHINGTON, July 31- The biggest U.S. banks' borrowing cost advantage over smaller competitors appears to have been reduced or eliminated since the 2007-2009 financial meltdown but could return in a crisis, a U.S. government official said on Thursday.

  • *IMF flags China property sector risks. LONDON, July 31- Zinc lost ground on Thursday after inventories rose, highlighting an overhang of supplies that analysts say needs to be eroded before expected shortages kick in.

  • METALS-Zinc falls as stockpiles rise, copper flat Thursday, 31 Jul 2014 | 6:26 AM ET

    *IMF flags China property sector risks. LONDON, July 31- Zinc lost ground on Thursday from a three-year peak two days before after inventories rose, highlighting an overhang of supplies that need to be eroded before expected shortages kick in.

  • HOUSTON, July 29- A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a U.S. judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

  • LONDON, July 29- On the surface at least, much has changed in the London Metal Exchange warehousing business over the past year. The exchange has much more work to do if it wants to rectify a delivery system that has ruptured relations with some of its users and generated a spate of lawsuits in the United States.

  • HOUSTON, July 25- Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country's largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberations said.

  • U.S. Senate panel to consider 'too big to fail' report Thursday, 24 Jul 2014 | 7:08 PM ET

    WASHINGTON, July 24- A U.S. Senate panel will meet next Thursday to discuss results of a much anticipated government study that looked at whether the biggest banks can borrow at lower interest rates because investors think they would be bailed out in a crisis.

  • WASHINGTON, July 24- Gas-rich states such as Texas should have the easiest time complying with planned Environmental Protection Agency regulations on carbon pollution from power plants, despite opposition from their lawmakers, a new study says.

  • WASHINGTON, July 23- U.S. regulators and 15 states announced a wave of lawsuits on Wednesday against law firms and mortgage assistance companies they said have scammed borrowers since at least 2011 by falsely promising home loan modifications and other foreclosure relief.

  • "EPA goes beyond the plain reading of Clean Air Act Section 111 directing states to achieve questionable emission reduction targets from a limited menu of economically damaging and legally questionable' options'," said Senator David Vitter of Louisiana, the committee's top Republican.

  • HOUSTON, July 23- U.S. oil and gas company Apache Corp told Reuters it is looking at ways to wring more cash out of its valuable mineral rights, as it and other energy companies face investor pressure to tap more profits from the North American shale boom.

  • WASHINGTON, July 17- The U.S. Senate voted overwhelmingly on Thursday to reauthorize a federal terrorism risk insurance program that was created after the Sept. 11, 2001, attacks.

  • 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.

  • July 15- Royal Dutch Shell Plc said on Tuesday it had found roughly 100 million barrels of oil equivalent in the Gulf of Mexico' s Norphlet formation, its third discovery there. The company, the gulf's largest operator, found the oil near its Rydberg well, roughly 75 miles off the Louisiana coast.

  • WASHINGTON, July 15- Delayed maintenance has dogged the U.S. Strategic Petroleum Reserve with capacity issues that limit officials' ability to quickly draw down the emergency stockpile, the Energy Department's inspector general said on Tuesday.