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Future unclear for northern Minnesota oil pipeline project

MINNEAPOLIS (AP) — The future is unclear for a proposed oil pipeline that would cross northern Minnesota. Enbridge Energy on Tuesday announced it is investing in a different pipeline that would transport North Dakota crude oil — but not across Minnesota. The Canadian company has proposed the $2.6 billion Sandpiper pipeline that would run from the Bakken oil fields through ...

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Nigeria using power, persuasion to curb oil militant attacks

Nigeria pipeline attack

WARRI, Nigeria (AP) — Nigeria’s government has resumed paying stipends to former militants even as security forces’ air and ground assaults have reportedly killed scores of fighters disrupting petroleum production in the oil-rich Niger Delta. President Muhammadu Buhari’s government is using power and persuasion in a bid to halt attacks on oil installations that have cut production from 2.2 million ...

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NC toxicologist: Water near Duke’s dumps not safe to drink

WASHINGTON (AP) — North Carolina’s top public health official acted unethically and possibly illegally by telling residents living near Duke Energy coal ash pits that their well water is safe to drink when it’s contaminated with a chemical known to cause cancer, a state toxicologist said in sworn testimony. The Associated Press obtained a copy of the 220-page deposition given ...

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Bakken Pipeline financing complete, share sold to pay debt

In this May 9, 2015 file photo, pipes for the proposed Dakota Access Pipeline are stacked at a staging area in Worthing, S.D.

DES MOINES, Iowa (AP) — Companies building an oil pipeline from North Dakota across the Midwest into Texas say they’ve completed project financing and sold a share of the pipeline to another company to pay down the debt. Energy Transfer Partners, Sunoco Logistics Partners and Phillips 66 said Tuesday they completed borrowing the remaining $2.5 billion needed to complete the ...

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Pittsburgh’s Kennametal cutting 1,000 in drilling slowdown

Oil below $40 forces Texas driller into bankruptcy

PITTSBURGH (AP) — Pittsburgh-based Kennametal Inc. says it’s cutting 1,000 jobs over the next 15 months, citing weak demand for the coal-mining and gas-drilling cutting tools it makes. The company announced the cuts to its 12,000-strong workforce on Monday, but didn’t say what facilities will be affected. Kennametal had more than 14,000 employees, including 5,000 in the United States, just ...

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Sweeney ties gas-tax impasse to Christie’s Trump support

Donald Trump, tickets

TRENTON, N.J. (AP) — A top New Jersey Democrat says Republican Gov. Chris Christie opposes new legislation to raise the gas tax and pay for road and bridge work because he’s “auditioning” for Republican presidential nominee Donald Trump. Senate President Steve Sweeney predicted Monday the stalemate over transportation funding might not be resolved until after the election. The comment comes ...

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Pipeline construction equipment damage in suspected arson

DES MOINES, Iowa (AP) — Machinery located at three oil pipeline construction sites in central Iowa was found extensively damaged by fire Monday in what the company building the pipeline called a shameful act. There’s little doubt the fires were intentionally set along the Dakota Access pipeline, said Jasper County Sheriff John Halferty. Damage to a bulldozer and other large ...

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Payments from 2012 BP settlement $7.9 billion so far

Dark clouds of smoke and fire emerge as oil burns during a controlled fire in the Gulf of Mexico, May 6, 2010. (Image: Petty Officer 2nd class Justin Stumberg via Wikipedia)

NEW ORLEANS (AP) — The office that processes claims for businesses and people who suffered economic losses from the 2010 Gulf of Mexico oil spill says it has approved payments totaling $8.5 billion as of June 30. Of that, $7.9 billion in claims has been paid. The figures are in the latest federal court filing from Michael Juneau, the administrator ...

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Kuwait raises gasoline prices, following Gulf neighbors

Kuwait skyline. (Image: Khaleel Haidar via Flickr)

KUWAIT CITY (AP) — Kuwait will raise its subsidized gasoline prices by as much as 83 percent beginning in September, becoming the last Gulf nation to do so as low global oil prices continue to gnaw away at governments across the region. Kuwait’s Cabinet announced the decision on Monday, with the biggest price hike coming for its premium-grade gasoline. As ...

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