The Federal Railroad Administration said it has made a preliminary determination that the derailment of a crude oil train in Oregon earlier this month resulted from the failure of Union Continue Reading
White House spokesman Josh Earnest said the federal government would continue pressing its authority over hydraulic fracturing in the courts. From Wyoming, U.S. District Judge Scott Skavdahl found the federal Continue Reading
Canada can play a major role on the global oil market provided the right infrastructure is in place, the Canadian Association of Petroleum Producers said. “Canada has an important role Continue Reading
Bryan Mound, nestled in a 500-acre marshland south of Houston, is among the heavily guarded salt caverns on the Gulf Coast of Texas and Louisiana. There, the government keeps the Continue Reading
Philadelphia Energy Solutions, the Carlyle Group-backed company that breathed new life into a “zombie” refinery complex on the East Coast is now trying to shed the investment in the face Continue Reading
Volkswagen AG’s ( VOWG_p.DE ) diesel emissions settlement with U.S. regulators is valued at nearly $10.3 billion, a source briefed on the agreement said on Thursday. The settlement includes offers Continue Reading
After agreeing to a program aimed at raising capital, Irish oil and gas company Providence said it would examine frontier area oil and gas prospects. Providence said it was offered Continue Reading
Oil major BP said on Friday its headquarters would remain in the United Kingdom, despite Britain voting to leave the European Union. “It is far too early to understand the Continue Reading
Royal Dutch Shell ( RDSa.L ) said it will work with the British government and European institutions on any implications for its business from Britain’s decision to leave the European Continue Reading
A worker walks past oil pipes at a refinery in Wuhan, Hubei province March 23, 2012. Oil prices rose in early Asian trading on Thursday, shrugging off a smaller than Continue Reading
