Leak in Keystone pipeline spills 9,000 barrels of oil in North Dakota
Saturday, November 2, 2019, 7:46 AM
An estimated 1.4-million-litres of oil have spilled from TC Energy Corp.'s Keystone crude-pipeline in North-Dakota, state-authorities said a-major-leak at a time of increased regulatory scrutiny of oil pipeline expansions. The cause of the rupture has not yet been disclosed. But the initial estimate makes it one of the biggest onshore crude-spills in the past decade and the largest for Keystone, according to U.S. PHMSA-data.
China's gas demand growth rate to slow in 2019, government report shows
Monday, September 2, 2019, 8:15 PM
China's natural gas consumption growth rate is expected slow to around 10% in 2019, from 17.5% last-year, amid easing economic-growth and pressure on the country's production, storage and sales network, a-government-report published on Saturday showed. The research report, conducted by the oil and gas department at the National Energy Administration, forecast consumption to be about 31- billion cubic-meters, and to continue growing until 2050.
Carl Icahn calls Occidental's deal for Anadarko one of the worst he's ever seen
Friday, August 9, 2019, 7:51 AM
Billionaire investor Carl-Icahn believes Occidental's acquisition of Anadarko is the worst tie-up he's seen in his long-career on Wall Street. "I think this deal is one of the worst I've ever seen," Icahn said. "You take a look at Oxy and you take a look at Vicki Hollub, who says that's she's done a-great-job and in interesting in the long-term benefits to the company."