Energy Update

You are here

Home » Global Read

White House: Obama vetoes Keystone XL pipeline bill

WASHINGTON, Feb 24 (Reuters) - President Barack Obama on Tuesday vetoed a Republican bill approving the Keystone XL oil pipeline from Canada, the White House confirmed. (Reporting by Jeff Mason; Editing by Peter Cooney)

UPDATE 1-Pipeline politics: new gas route revives Russian rivalry with West

* Gas diplomacy gives Russia leverage against West (Adds latest Russia-Ukraine price dispute, paragraphs 9-10)

Obama vetoes Keystone pipeline approval bill

WASHINGTON, Feb 24 (Reuters) - President Barack Obama on Tuesday swiftly delivered on his vow to veto a Republican bill approving the Keystone XL oil pipeline from Canada, leaving the long-debated project in limbo for another indefinite period.

Brazil judge in Batista case seen driving tycoon's seized Porsche

RIO DE JANEIRO, Feb 24 (Reuters) - The Brazilian judge presiding over criminal proceedings against charismatic entrepreneur Eike Batista, once Brazil's richest man, was seen on Tuesday driving a Porsche belonging to the fallen tycoon that had been seized by the court.

UPDATE 2-Puerto Rico residents sue power authority, allege fraud

NEW YORK, Feb 24 (Reuters) - Local residents and businesses sued Puerto Rico's Electric Power Authority (PREPA) in federal court on Tuesday, alleging fraud in the fuel oil procurement process that plaintiffs said resulted in island residents being overcharged by more than $1 billion.

UPDATE 1-Cash flows from Canada oil sands to fall by $23 bln in 2 yrs -consultancy

CALGARY, Alberta, Feb 24 (Reuters) - Cash flows from the Canadian oil sands will fall by $23 billion and turn negative in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low crude prices make it less economical to extract tar-like bitumen from the sands.

Oil market is stabilising, $60 is OK for now - Gulf OPEC delegate

RIYADH, Feb 24 (Reuters) - Oil prices have started to stabilise around current levels of $60 a barrel and demand is showing signs of improving in Asia and other regions, a senior Gulf OPEC delegate said on Tuesday.

UPDATE 2-Union chief says U.S. refinery strike could spread

HOUSTON, Feb 24 (Reuters) - The largest U.S.

CORRECTED-(OFFICIAL)-Canada's oil sands cash flows to fall by $23 bln in 2 years - consultancy

CALGARY, Alberta, Feb 24 (Reuters) - Oil sands cash flows will fall by $23 billion in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low global petroleum prices make it less economical to extract bitumen from northern Alberta.

Obama to veto Keystone XL pipeline bill Tuesday -White House

WASHINGTON, Feb 24 (Reuters) - U.S. President Barack Obama will veto on Tuesday a bill that would have allowed Congress to approve the Keystone XL oil pipeline from Canada, White House spokesman Josh Earnest said.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.

Photos