Edition:
United States

Bruce Nichols

Analysis: U.S. pipeline reversal may challenge refiners

May 21 2012

HOUSTON Reversal of the Seaway pipeline will bring U.S. Gulf Coast refiners the cheaper Midcontinent crude oil that they have wanted for the last 18 months -- maybe too much of it.

Analysis - U.S. pipeline reversal may challenge refiners

May 21 2012

HOUSTON Reversal of the Seaway pipeline will bring U.S. Gulf Coast refiners the cheaper Midcontinent crude oil that they have wanted for the last 18 months -- maybe too much of it.

Seaway pipeline sends oil to Texas in historic reversal

May 19 2012

HOUSTON The Seaway pipeline began pumping crude from Cushing, Oklahoma, oil tanks to the heart of the U.S. refining industry in Houston on Saturday, marking a historic shift in the way oil flows across the United States.

Analysis: Seaway helps bridge record oil gap, but analysts far apart

May 16 2012

HOUSTON/NEW YORK Just ahead of the Seaway oil pipeline restarting in reverse to clear a bottleneck of crude in the U.S. Midwest, Wall Street analysts have rarely been more divided over the outlook for one of the hottest oil market bets in years triggered by the glut.

U.S. charges ex-BP engineer obstructed spill probe

Apr 24 2012

HOUSTON A former BP Plc engineer was arrested and charged on Tuesday with intentionally destroying evidence related to how much oil was spilling from the company's broken well in the Gulf of Mexico in April 2010, the U.S. Justice Department said.

U.S. charges ex-BP engineer who obstructed spill probe

Apr 24 2012

HOUSTON A former BP Plc engineer was arrested and charged on Tuesday with intentionally destroying evidence related to how much oil was spilling from the company's broken well in the Gulf of Mexico in April 2010, the U.S. Justice Department said.

Analysis: To Canada and back, a new U.S. oil pipeline race

Mar 29 2012

HOUSTON Even as big U.S. oil pipelines invest billions of dollars to ship booming oil production south from Canada and North Dakota, a new race is underway in the opposite direction.

Statoil awaits Russian tax breaks for Shtokman - CEO

Mar 06 2012

HOUSTON, March 6 Statoil needs changes in the Russian tax structure before it can go forward as a partner in the giant Shtokman gas project in the Arctic, CEO Helge Lund said on Tuesday.

Fed's Fisher says more bond buys risky

Mar 05 2012

DALLAS Only a dire situation would call for the Federal Reserve to buy more assets, and that is unlikely given the better-looking economic data, a top central bank official said on Monday.

Exclusive: Hedge fund Velite nabs natgas crown from Arnold

Jan 10 2012

NEW YORK/HOUSTON Move over, John Arnold: the U.S. natural gas market has a new hedge-fund king, operating as skillfully and mysteriously as the ex-Enron wunderkind who once wowed the trade.

World News