
China gas deal a symbolic victory for Russia but won't leave Europe dry
The $400 billion gas deal Russia signed with China was a symbolic victory for Moscow as it is locked in a dispute with the West over Ukraine, but the scale of the deal is not as massive as it seems at first blush, according to analysts. ... more
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U.S. rail regulator said most rail companies following rules for Bakken oil
The U.S. rail industry is following the rules for shipping Bakken crude oil, though some violations exist on the margins, the nation's top rail regulator said. ... more
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British government reviews shale oil potential in country's southeast
The British government said Friday it estimates there may be as much as 8.5 billion barrels of oil in a shale basin in the southeast of the country. ... more
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Expanding Nord Stream, building South Stream, will help Europe with gas, Gazprom says
Expanding the Nord Stream pipeline through the Baltic Sea, and building the South Stream counterpart, is good for Europe, Russian energy company Gazprom said. ... more
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Holiday travelers paying about the same at the pump, Energy Department says
U.S. drivers are paying an average $3.67 for a gallon of gasoline ahead of Memorial Day, the start of summer driving season, the Energy Department said Friday. ... more
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