Keystone XL still viable, TransCanada says
Calgary, Alberta (UPI) Oct 23, 2015 -
The planned Keystone XL oil pipeline best fits the Liberal agenda for mobilizing Canadian resources in a way that benefits North America, TransCanada said.
The planned Keystone XL would transport oil across the Canadian border to refineries along the southern U.S. coast. Supporters argue it would bring economic stimulus to North America, while detractors say a heavier form of Canadian c ...
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Murkowski: Why no oil swaps with Mexico?
Washington (UPI) Oct 23, 2015 -
U.S. Sen. Lisa Murkowski, an advocate for repealing a 40-year-old ban on oil exports, said she wants to know why no oil is getting to Mexico under a swap deal.
The U.S. Commerce Department in August granted a request from Mexican energy company Petroleos Mexicanos, known also as Pemex, to swap as much as 100,000 barrels of U.S. crude oil per day for refining.
Legislation enacted ...
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Lockheed Martin delivers naval helo for Denmark
Oswego, N.Y. (UPI) Oct 22, 2015 -
The first Sikorsky MH-60R helicopter built for Denmark and equipped with mission systems and sensors by Lockheed Martin has been delivered to the U.S. Navy.
The Navy, which received the aircraft on Thursday from Lockheed Martin, will test Danish configuration modifications before delivering the aircraft to Denmark next year.
"We are excited to accept this aircraft bound for Denma ...
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French family defiant as airport developers push to evict them
Vigneux-De-Bretagne, France (AFP) Oct 24, 2015 -
A family of four, who have lived through years of sometimes violent protests at the site of a controversial airport in western France say they have no plans to move, despite a court ruling which could see them evicted within a month.
Bailiffs arrived at the home of Virginie Olmos and Sebastien Martin on Wednesday morning with a cheque for 18,000 euros ($20,000) in compensation for their movi ...
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Crude oil loses ground in early Friday trading
New York (UPI) Oct 23, 2015 -
Crude oil markets shrugged off economic stimulus actions in China and Europe, with key indices dipping into negative territory in early Friday trading.
Crude oil prices were moving into positive territory in pre-market trading, though indications of a rally fizzled by the start of trading in New York. West Texas Intermediate, the U.S. benchmark price for crude oil, was down 1.8 percent ...
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OMV: Iran not quite ready for investors
Vienna (UPI) Oct 23, 2015 -
An investment opportunity exists in the Iranian energy sector, but there are a series of hurdles remaining, Austrian energy company OMV said.
The Iranian government has approved a draft document outlining contracts for exploration, production and development of oil and natural gas fields in a post-sanctions business climate.
Under the new terms, the National Iranian Oil Co. will ...
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Hands-free gadgets create safety hazards for drivers: study
Washington (AFP) Oct 23, 2015 -
Are those hands-free tech tools aimed at helping motorists keep their eyes on the road a safety hazard?
A new study commissioned by the American Automobile Association found that these tools which aim to cut down on "distracted" motorists driving" could be distractions themselves.
The findings released this week raise fears that motorists who use wireless, voice-activated tools as they h ...
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