Search Results for: Gas
BHP to test U.S. oil export ban by selling without formal ruling
November 5th, 2014
BHP Billiton Ltd is set to be the first company to export lightly processed ultra-light U.S. oil without explicit permission from the government, further testing the limits of an increasingly contentious ban on foreign sales. Eight months after two ...
Hyundai, Kia pay $100M fine over mpg claims
November 4th, 2014
It’s a record settlement under the Clean Air Act. Hyundai and Kia have agreed to pay a total of $100 million to settle an investigation into its misstatement of gas mileage estimates on about 1.2 million vehicles, the government ...
$15 Billion in Pipeline Projects Coming to Appalachia in 2015
November 4th, 2014
The natural gas boom in the Marcellus Shale region of West Virginia, Ohio and Pennsylvania has resulted in $15 billion in proposed pipeline construction projects. The Atlantic Coast Pipeline, Rover Pipeline, Mountain Valley Pipeline and Leach XPress will distribute ...
Bitcoin Startups May Get Transitional License in New York
November 3rd, 2014
New York may grant transitional licenses to small virtual-currency firms and startups to let them grow before facing the full burden of new regulation, the state’s top financial watchdog said. Benjamin Lawsky, New York’s superintendent of financial services, has ...
Gulf economies edge toward reform as oil price slides
November 3rd, 2014
When Kuwait’s government said last month that it planned to raise domestic prices of diesel fuel and kerosene, some angry Kuwaitis took to Twitter to denounce the move as unfair. The austerity measures are small compared to the tens ...
The Opportunity in Weak Commodity Prices
October 31st, 2014
Commodity markets – especially for crude oil — continue to face headwinds from excess supply and uncertainties about divergent monetary policies. But nascent positive trends give commodity markets a more balanced outlook, in our view. Looking into the end ...
European Stock-Index Futures Advance After Fed Ends QE
October 30th, 2014
European stock-index futures rose, indicating European equities will extend a two-day gain, after the Federal Reserve judged the U.S. economy strong enough to end its asset-purchase program. U.S. index futures were little changed, while Asian shares retreated. Bayer AG ...
Energy groups left bruised as falling oil prices bite into profits
October 29th, 2014
Tumbling oil prices have hit the earnings of two big London-listed energy companies, in one of the first tangible signs of how the oil supply glut is reverberating across the global economy. FTSE 100 oil and gas producers BP ...
Markets in UAE, Qatar edge up
October 27th, 2014
Bourses in the United Arab Emirates and Qatar rose in early trade on Sunday on the back of a supportive global background and positive domestic news flow. US stocks were up on Friday after strong results from Microsoft and ...
Asian cooperation hanging on a handshake
October 27th, 2014
The APEC summit is just over a week away and all stops are out in Beijing to make it an economic and diplomatic triumph, despite the huge underlying challenges in managing China’s relations with the region. The primary goals ...
