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  • WILLISTON, N.D., Nov 21- Halliburton Co's $35 billion takeover of Baker Hughes Inc will create an oilfield services powerhouse in North Dakota with more than half the cementing market and a leading position in fracking, according to data seen by Reuters. The deal, announced on Monday, will help Halliburton better compete with global leader Schlumberger NV, as well...

  • This cost us Keystone approval: Democratic senator Wednesday, 19 Nov 2014 | 10:00 AM ET
    Sen. Heidi Heitkamp, a Democrat from North Dakota, right, speaks as Sen. Mary Landrieu, a Democrat from Louisiana, looks on during a news conference at the U.S. Capitol in Washington, Tuesday, Nov. 18, 2014.

    Sen. Heidi Heitkamp from North Dakota, a long-time Democratic supporter of the Keystone XL pipeline, also said to just wait until next year.

  • UPDATE 6-Keystone XL pipeline bill dies in U.S. Senate Tuesday, 18 Nov 2014 | 8:46 PM ET

    WASHINGTON, Nov 18- A bill to force approval of the Keystone XL pipeline failed in the U.S. Senate on Tuesday, sparing President Barack Obama from an expected veto of legislation that several fellow Democrats supported. She has staked her hopes of winning a fourth Senate term on the Keystone gambit. The tally was 59 to 41 on TransCanada Corp's $8 billion project,...

  • WASHINGTON, Nov 18- A bill to approve the Keystone XL pipeline was narrowly defeated in the U.S. Senate on Tuesday, failing one vote short of the 60 needed to get the measure to President Barack Obama's desk. "I believe we will have the votes to pass the bill in January when a number of new Senators who support my legislation take office and the new Congress begins.

  • UPDATE 5-Keystone XL pipeline bill dies in Senate Tuesday, 18 Nov 2014 | 7:08 PM ET

    WASHINGTON, Nov 18- A bill to force approval of the Keystone XL pipeline failed in the U.S. Senate on Tuesday, sparing President Barack Obama from having to veto legislation that several fellow Democrats supported. The measure fell just short of the 60 votes needed for passage, despite frantic last-minute lobbying by supporters, including Democratic Senator...

  • Nov 18- Wells Fargo& Co has agreed to pay $7.4 million to settle a class action claim that it unlawfully made brokers who left the firm forfeit bonuses that were deferred as part of their retirement plans, court documents show. The brokers, who said they had earned the bonuses by meeting performance goals set by Wells, alleged the forfeiture requirement violated...

  • WASHINGTON, Nov 18- Keystone XL's top supporter in the U.S. Senate frantically lobbied colleagues on Tuesday in a last-ditch attempt to find enough "yes" votes to approve the oil pipeline from Canada. TransCanada Corp's Keystone XL pipeline has broad support in Louisiana, an oil-producing state, where Landrieu faces an uphill battle to win a new six-year term in a...

  • WASHINGTON, Nov 18- Keystone XL supporters in the U.S. Senate faced tough odds on Tuesday in passing a bill to approve the oil pipeline from Canada after one lawmaker they hoped might be a "yes" said he would vote against the project. "Congress is not- nor should it be- in the business of legislating the approval or disapproval of a construction project," Senator Angus...

  • WASHINGTON, Nov 18- Keystone XL supporters in the U.S. Senate faced tough odds for passing a bill to approve the oil pipeline from Canada on Tuesday after one lawmaker they hoped might be a "yes" said he would vote against the project. With the 100- member Senate one vote short of the needed 60 to pass a version of a bill that sailed through the House of Representatives...

  • LONDON, Nov 18- The biggest product of the U.S. petroleum industry is not oil, gas or condensate but water-- billions and billions of gallons containing dissolved salts, grease and even naturally occurring radioactive materials. The five old oil- and gas-producing states of Texas, California, Oklahoma, Kansas and Louisiana accounted for almost three quarters of...

  • WASHINGTON, Nov 18- Backers of the Keystone XL oil pipeline hope a vote in the U.S. Senate late on Tuesday will send a bill clearing the way for the controversial project to President Barack Obama. Republican Senator John Hoeven of North Dakota, who introduced the bill with Landrieu, was asked on MSNBC's "Morning Joe" program on Tuesday if there were enough votes to...

  • U.S. Senate heads for vote on Keystone XL pipeline Tuesday, 18 Nov 2014 | 1:00 AM ET

    WASHINGTON, Nov 18- Backers of the Keystone XL oil pipeline hope a vote in the U.S. Senate late on Tuesday will send a bill to the desk of President Barack Obama. Backers of the bill in the 100- seat Senate need 60 votes to prevent a filibuster by opponents. The Senate is expected to vote as early as 6:15 p.m. ET on the TransCanada Corp pipeline, which would transport...

  • The seven companies cited were Boeing Co, Ford Motor Co, Chevron Corp, Citigroup Inc, Verizon Communications Inc, JPMorgan Chase& Co and General Motors Co.. In reply, Verizon said it paid $422 million in income taxes in 2013. "We do not provide a breakdown between federal vs. state in that total; however, I am confirming for you that the federal portion of that number is...

  • WASHINGTON, Nov 17- Supporters of the Keystone XL pipeline in the U.S. Senate scrambled on Monday to gather votes to pass a bill that authorizes the project to help send Canadian oil to the U.S. With her chamber stuck at 59 votes in favor of Keystone XL, Senator Mary Landrieu, a Louisiana Democrat, worked hard to gather one last vote needed to pass a bill that the House of...

  • Private equity bets on 'revolution'—in oil and gas Monday, 17 Nov 2014 | 2:23 PM ET
    A derrick hand for Raven Drilling, works on an oil rig drilling into the Bakken shale formation outside Watford City, North Dakota.

    Private equity is betting that gas and oil—notrenewables like wind and solar—will continue to dominate as energy sources in 25 years.

  • WASHINGTON, Nov 17- Supporters of the Keystone XL pipeline in the U.S. Senate on Monday scrambled to gather votes to pass a bill that authorizes the project to help send Canadian oil to the U.S. With her chamber stuck at 59 votes for Keystone XL, Senator Mary Landrieu, a Louisiana Democrat, worked hard to gather one last vote needed to pass a bill that the House of...

  • Iran attacks OPEC members for refusing to stabilise oil prices. SINGAPORE, Nov 17- Brent crude fell more than $1 to near $78 a barrel on Monday following news that Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon.

  • *Iran attacks OPEC members for refusing to stabilise oil prices. SINGAPORE, Nov 17- Brent crude fell to around $79 a barrel on Monday following news Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon. All eyes remain on possible OPEC...

  • Brent slips to $79 as Japan enters recession Sunday, 16 Nov 2014 | 10:52 PM ET

    *Iran attacks OPEC members for refusing to stabilize oil prices. SINGAPORE, Nov 17- Brent crude fell to $79 a barrel on Monday following news Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon. "This is another knock on crude oil prices,...

  • SINGAPORE, Nov 17- U.S. crude held steady below $75 a barrel on Monday as investors digested news that Japan, the world's No.4 crude importer, was slipping into recession and comments from the West's energy watchdog that a return to high oil prices was unlikely soon. The latest data puts Japan in a technical recession, following a contraction in the second quarter.