TC Energy Halts Pumping of Keystone Pipeline Due to Oil Leak in Kansas

UPDATED: The Keystone oil pipeline remained shut late Thursday after a rupture in Kansas that spilled an estimated 14,000 barrels of crude oil, said the pipeline's owner, TC Energy Corp. 


 
U.S. Sanctions Turkish Businessman It Says Brokered Oil Sales for Iran's Military

The Biden administration on Thursday levied sanctions against several Turkish businessmen and more than two dozen Turkish companies that officials said were selling oil worth hundreds of millions of dollars for Iran's terror-listed military unit. 


 
Oil prices down 5 sessions in a row, at their lowest in nearly a year

Oil futures decline on Thursday, down a for a fifth session in a row to mark another settlement at their lowest in nearly a year. 


 
Exxon Holds Firm on Its Five-Year Spending Outlook

The oil company is resisting the Biden administration's call for more investment to expand production and curb pump prices. 


 
Gas Prices Fall Below Last Year's Average

The U.S. average for regular unleaded gasoline has declined to $3.29 a gallon, down about 35% from its peak of about $5 earlier in the year. 


 
Quebec Shuns Bitcoin Mining in Bid to Conserve Power

The Canadian province wants to stop selling cheap power to cryptocurrency miners and direct energy to other areas, a priority shift. 


 
Green Hydrogen Gets Boost in the U.S. With $4 Billion Plant

The planned factory by Air Products and AES will be the biggest facility powered by wind and solar in the U.S. 


 
Natural Gas Gains Despite Small Storage Decline

Natural-gas prices found support for a second straight day as investors bet that colder weather that will include snowstorms and even potential blizzards in some areas are right around the corner. 


 
The Five-Year Engineering Feat Germany Pulled Off in Months

Europe is racing to build natural-gas facilities to keep its economy afloat. If it fails to shore up its energy grid, governments might have to ration fuel this winter. "This project is really a race against time, " said one manager. 


 
High Oil Prices Lift Saudi Arabia, Bolster Prince's Economic Plans

A bonanza of extra revenue shows how elevated oil prices are benefiting the Persian Gulf's resource-rich economies.


(END) Dow Jones Newswires

12-09-22 0015ET