Keystone XL survived politics, but economics could kill it

Aug 3, 2017

Keystone XL survived politics, but economics could kill it

The proposed Keystone XL pipeline survived nine years of protests, lawsuits and political wrangling that saw the Obama administration reject it and President Donald Trump revive it, but now the project faces the possibility of death by economics. Low oil prices and the high cost ...

Japan-Russian oil exploration project meets with U.S. resistance

Jul 14, 2017

Japan-Russian oil exploration project meets with U.S. resistance

A Japanese group's plans to explore for Russian oil with state-run Rosneft PJSC have been stymied by U.S. intervention over sanctions, according to people familiar with the matter. Washington's objection to the Japanese project to explore for oil in the ocean off the Russian Far ...

Oil tanker blast kills over 140 in Pakistan

Jun 25, 2017

Oil tanker blast kills over 140 in Pakistan

An overturned oil tanker burst into flames in Pakistan on Sunday, killing at least 148 people who had rushed to the scene of the highway accident to gather leaking fuel, an official said. Some 140 people were wounded, including 40 in critical condition, said Mohammad ...