Oil fell as well-supplied markets and limited demand from European refiners pushed prices lower.» Read More
Corporate America has been announcing share buybacks at a near record pace, supporting richer stock prices for companies with low earnings growth.
TOKYO, Nov 1- U.S. crude steadied above $96 per barrel on Friday, after posting a second straight monthly loss in October, ahead of data from China that is expected to show robust manufacturing activity in the world's No.2 oil consumer. *NYMEX crude dipped 4 cents to $96.34 a barrel by 0059 GMT, after settling down 39 cents at $96.38 on Thursday.
*Libya hikes pay for oil workers; exports lowest since 2011. NEW YORK, Oct 31- Brent crude futures dropped more than $1 on Thursday, reversing the previous session's gains, as traders booked profits and turned their focus to the end of the U.S. refinery maintenance season, which is expected to boost demand for U.S. crude.
*Libya hikes pay for oil sector workers. NEW YORK, Oct 31- Brent crude futures slid by more than $1 on Thursday, reversing the previous session's gains, as traders took profit and turned their focus to the end of the U.S. refinery maintenance season, expected to boost demand for U.S. crude.
WASHINGTON, Oct 29- U.S. officials weighing the climate impact of the proposed Keystone XL oil pipeline connecting Canada to U.S. Gulf Coast refiners are zeroing in on the question of whether shipment by rail is a viable alternative to the controversial project, industry sources say.
Oct 28- The rate of safety-related incidents on federally regulated pipelines in Canada doubled over the last decade, while the rate of reported spills and leaks was up threefold, according to an investigative report by Canada's national broadcaster.
Many wonder if the controversial Keystone XL pipeline will affect U.S. gas prices when its completed. Industry experts weigh in with an answer.
Hedge fund managers have entered a high-profile fray over the future of energy consumption in the U.S.—especially about the Keystone pipeline.
Western landowners are crying foul as they go through easement negotiations with energy giant TransCanada over the Keystone XL pipeline.
Brent was pressured by news that Scotland's Grangemouth refinery, which provides power for a major oil pipeline, will remain open, keeping streams of the North Sea crude that underpins the Brent contract flowing.
CALGARY, Alberta, Oct 17- Canadian Natural Resources Ltd said on Thursday it has cut production at its 115,000 barrel per day Horizon oil sands project and its Woodenhouse heavy oil operations after natural gas supplies were cut following a rupture on TransCanada Corp's Nova regional natural-gas pipeline network.
CALGARY, Alberta, Oct 17- Canadian Oil Sands Ltd said on Thursday no product is being shipped from the Syncrude oil sands project in northern Alberta after a gas pipeline outage on Transcanada Corp's Nova system. "We understand there has been an outage on a natural gas pipeline that feeds into Syncrude.
DAEGU, South Korea, Oct 17- North America has pushed Australia out of the top spot for new Asian investment in gas development, with most of the supply from existing Australian projects sold off and buyers hunting for cheaper fuel, industry executives said this week.
*Russia ties up long term supply contracts with China, to start gas exports. *Asia invests in U.S., Canada LNG; Canada to send more oil to Asia.
Oct 17- Energy ministers and CEOs of oil and gas firms have been attending the World Energy Congress this week in Daegu, South Korea. The meeting takes place as new forces shape energy fundamentals, including China becoming the world's top net oil importer and thawing U.S.- Iran relations. >TransCanada eyes $14 bln Asia- focused projects.
If you want to break OPEC, approve the long-delayed Keystone XL oil pipeline, T. Boone Pickens tells CNBC.
KUALA LUMPUR, Oct 7- Malaysia's state oil firm Petronas plans to spend $35 billion to develop shale gas assets in Canada and build a liquefied natural gas export terminal linking the country to energy hungry Asian markets, company officials said.
Crude oil was flat to weaker on Thursday, with U.S. oil ending modestly lower as concerns about the economic impact of a U.S. government shutdown offset strong data.
LONDON, Oct 3- Crude oil was steady around $109 a barrel on Thursday as strong data from China and dollar weakness offset fears about the economic impact of a U.S. government shutdown.
LONDON, Oct 3- Crude oil slipped to around $109 a barrel on Thursday on worries that a prolonged U.S. government shutdown would hurt demand in the world's biggest oil consumer.