Energy - Jan 27, 2017
According to the Canadian energy infrastructure company, AltaGas Ltd., it would purchase US-based WGL Holdings Inc. in a deal valued at $6.42 billion (C$8.4 billion).
Energy - Jan 25, 2017
An oil pipeline in the western Canadian province of Saskatchewan has cracked leading to 200,000 liters (52,834 gallons) of oil to spill in an aboriginal community.
Energy - Jan 23, 2017
Saudi Basic Industries Corp (SABIC) has signed an agreement to take over 50 percent stake in Shell Arabia, a unit of Royal Dutch Shell for $820 million.
Energy - Jan 14, 2017
ExxonMobil revealed that it has found high-quality, oil-bearing sandstone reservoirs offshore Guyana, containing around 100 to 150 million barrels of oil.
Energy - Jan 11, 2017
The United Arab Emirates has announced plans to invest $163 billion in projects aiming to generate half of the country’s power needs from renewable resources.
Energy - Dec 30, 2016
As per analysts, a major share of the exported fuel has perhaps gone to Mexico and several other destinations in Central and South America.
Energy - Dec 29, 2016
The futures of natural gas have reached its highest price in the last two years; the advancing cold season is expected to boost the demand as reserves slump.
Energy - Dec 28, 2016
According to an analyst at ClipperData, OPEC’s effort to equalize the overbalanced oil market could be affected by the unplanned consequence of crumpling crude demand from China.
Energy - Dec 24, 2016
The gain, however, is seen as a small step since the market is sighting OPEC’s management towards planned output cuts against an expected production boost from Libya.
Energy - Dec 13, 2016
The leakage of Belle Fourche pipeline has led to a huge loss of tens of thousands of gallons of crude. This incident occurred in the North Dakota creek which is situated two and a half hours from the