SINGAPORE, Aug 19 (Reuters) - Brent crude oil prices dipped
in early Asian trading hours on Friday, but remained near
two-month highs with Brent still holding above $50 per barrel in
a bull-run that has lifted the market by over 20 percent since
early August.
Aug 18 (Reuters) - A prominent Texas lawyer was acquitted on
Thursday of charges he made up thousands of fake clients to sue
BP Plc for damages that the oil company caused in the
2010 Gulf of Mexico spill, court records show.
Aug 18 (Reuters) - Caterpillar Inc said on Thursday
it would explore options, including a possible divestiture for
some of its mining products, and would stop taking orders for
machinery specific to underground soft rock mining.
WASHINGTON, Aug 18 (Reuters) - The U.S. Environmental
Protection Agency has not complied with federal requirements to
study the effects of the nation's biofuel use mandate, an agency
watchdog said on Thursday.
HOUSTON, Aug 18 (Reuters) - Swiss commodity trader Vitol SA
criticized Exxon Mobil Corp this week for
failing to be transparent about maintenance at its Los Angeles
refinery following a February 2015 blast, which contributed to
tighter gasoline supplies and higher prices.
Aug 18 (Reuters) - Enterprise Product Partners LP
approached Williams Companies Inc earlier this summer
about an acquisition that would combine the two U.S. oil and gas
pipeline companies, according to people familiar with the
matter.
ACCRA, Aug 18 (Reuters) - Ghana's President John Mahama said
on Thursday that a maritime boundary dispute with Ivory Coast
had affected the development of the new TEN oil field, but that
Ghana was nonetheless committed to a peaceful resolution of the
dispute.
WASHINGTON, Aug 18 (Reuters) - U.S. Secretary of State John
Kerry will travel to Kenya, Nigeria and Saudi Arabia next week
for talks with senior government officials on regional issues,
the State Department said on Thursday.
The U.S. accepted Australia’s offer to supply biofuel for its Asia-Pacific fleet, advancing the Navy’s goal of getting half its power from renewables by 2020.
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