Construction of the controversial Keystone XL pipeline was officially terminated on Wednesday, handing a big victory to environmentalists that fought the project for more than a decade as they intensified Continue Reading
The failure of the Keystone XL project demonstrated the challenges of building new pipelines in the U.S. and Canada amid galvanized environmental groups and delivered a blow to oil-and-gas companies that now Continue Reading
Russia’s Nord Stream 2 gas project will start preparations on Friday to fill the first of two pipelines with natural gas within a few months, the Gazprom-led project said on Continue Reading
Highlights Offshore section of first string technically complete Work to lay the 27.5 Bcm/year line completed June 4 Pipelaying work on second string continues Commissioning work to fill the first Continue Reading
Germany’s economy is poised for a strong upswing in the second half of this year, with activity likely to reach pre-crisis levels as soon as this summer, the Bundesbank said. Continue Reading
European airlines are pushing against Brussels imposing tougher emissions rules under the EU’s long-awaited climate package, according to documents obtained by a leading environmental group. The documents obtained by Influence Map Continue Reading
Northvolt announced the signing of a $2.75-billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in Continue Reading
Crude oil futures slipped during midmorning trade in Asia June 10 on the back of a large build in US product inventories, which cast a shadow of doubt on the Continue Reading
WATCH: Blackstone’s Byron Wien says oil prices will rise for the right reasons. Oil closed lower as an increase in U.S. fuel stockpiles clouded the outlook for a strong demand Continue Reading
Oil prices fell on Thursday as inventory data in the United States, the world’s top oil consumer, showed a surge in gasoline stocks that indicated weaker-than-expected fuel demand at the Continue Reading
