LAUNCESTON, Australia, Nov 26- China has done two surprising things in oil markets recently; pledging to be more open about its strategic stockpiling and buying crude very openly in the daily trading window in Singapore. Since 2009, China has tended to boost crude purchases when it judges prices to be cheap on a relative basis. The bulk of these extra purchases...» Read More
June 19- Enbridge Energy Partners LP said it would sell a 12.6 percent interest in its natural gas midstream business to partner Midcoast Energy Partners LP for $350 million. The deal will immediately add to the earnings of Midcoast Energy, which said it would finance it with debt.
June 19- Enbridge Energy Partners LP said it would sell a 12.6 percent interest in its natural gas midstream business to partner Midcoast Energy Partners LP for $350 million. Enbridge's interest in Midcoast Operating LP will fall to 48.4 percent after the sale, the company said. Enbridge said it would use the proceeds to help fund its pipeline expansion program.
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.
EU'S OETTINGER SAYS MAY HAVE A PROBLEM IN EUROPE IF GAS STORAGE NOT FILLED.
June 9- Morgan Stanley is selling its controlling stake in oil storage and transport company TransMontaigne Inc to NGL Energy Partners LP for $200 million, essentially ending its long run as the biggest physical oil trader on Wall Street.
WASHINGTON, June 4- The Keystone XL oil pipeline would be vulnerable to attacks threatening water supplies for millions of homeowners and farmers, according to a report by NextGen Climate, a political group led by billionaire activist Tom Steyer.
BRUSSELS, June 2- Russia and Ukraine agreed on Monday to examine a payment plan to settle Kiev's multi-billion gas debts and fix a price for supplies until June 2015, offering the promise of averting an energy crisis over the crucial winter period.
MOSCOW, June 2- Russia's Gazprom gave Ukraine on Monday an extension into next week to resolve a gas price dispute at the heart of the two countries' confrontation, a day before Moscow was due to switch off the gas unless Kiev paid in advance.
Nat gas prices are set to go higher, according to the chairman and CEO of energy-focused investment firm BP Capital.
U.S. oil futures slipped further below the key $100 a barrel level, and international crude moved closer to U.S. prices as some geopolitical pressures eased.
The next move for world oil prices is likely lower, as growing U.S. oil production outweighs the impact of elevated tensions surrounding Ukraine.
The oil industry's lobbying arm said it will push lawmakers to consider lifting a ban on crude exports in the new year.
To help avert a financial crisis, Russian President Vladimir Putin announced Russia's gas supply prices to Ukraine will be cut by one-third.
Vandana Hari, Asia Editorial Director at Platts talks about the changing face of global energy landscape and highlights the upcoming key players.
The US Coast Guard on Tuesday said it was responding to a leak from a natural gas and crude oil platform owned by Energy Resources Technology Gulf of Mexico LLC.
Gas prices are expected to slide this summer, delivering some relief to consumers. How low they go depends on where you live.
General Electric agreed to buy oilfield services provider Lufkin Industries to expand its profitable oil and gas business.
Two pipeline spills have prompted new criticism from opponents of the proposed Keystone XL project, while raising questions about whether the government is adequately monitoring U.S. pipelines. The NYT reports.
Russian state oil giant Rosneft closed today worth around $55 billion to take over TNK-BP and become the world's largest listed oil producer by output, with CNBC's Sharon Epperson.
One of China's largest private companies is quietly rolling out plans to establish a network of natural gas fueling stations for trucks along U.S. highways.