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Oil Halts Gain as U.S. Supplies Weighed Against Drilling Decline

2015-11-26 16:41:14| Oil & Gas - Topix.net

Oil halted three days of gains in New York as expanding U.S. inventories countered signs drilling is slowing in the world's biggest consumer. Futures fell as much as 0.9 percent after advancing 6.6 percent the previous three days.

Tags: supplies gain oil decline

Canadian regulator halts TransCanada pipeline construction following spills

2015-11-20 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Canada's national energy regulator has halted construction on a new TransCanada Corp natural gas pipeline after reviewing evidence that it may have spilled a toxic drilling fluid into a major Western Canadian river, a spokesman said on Friday. The National Energy Board (NEB) said it issued a safety order on Thursday after reviewing records submitted by TransCanada related to four separate spills of drilling fluid into the Athabasca River, a waterway in northern Alberta. In a separate move earlier...

Tags: construction canadian pipeline regulator

Oil Halts Drop as Response to Paris Attacks Weighed Against Glut

2015-11-16 12:47:01| Oil & Gas - Topix.net

Oil halted its decline near the lowest close in more than two months as investors weighed a global supply glut against heightened geopolitical tension after France bombed Syria in response to terrorist attacks in Paris. Futures rose as much as 0.9 percent in New York after slumping 8 percent last week, the most since March.

Tags: paris response oil drop