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BHP Billiton sells stake in Australian LNG
Mining giant BHP Billiton said it would sell its interest in the Browse natural gas project offshore Western Australia to Chinese state-run oil producer PetroChina for $1.63 billion. ... more
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China's accelerating overseas buys raise fears
China's biggest overseas takeover, the $15 billion purchase of Canada's Nexen, is a huge step in Beijing's push for foreign acquisitions - but its drive to secure resources and markets is causing unease. ... more
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Israel, Iran vie for control of Red Sea
The Red Sea, a key shipping route, is becoming an arena of confrontation between Israel and Iran, with Sudan and Eritrea key targets by both sides in a strategic contest that's likely to intensify in the months ahead. ... more
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Texas landowner blocks Keystone pipeline building
A Texas judge temporarily blocked construction on a small portion of the controversial Keystone pipeline after a landowner sought relief, but operator TransCanada said Tuesday it will have no impact. ... more
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