Elliott renews call to split Marathon Petroleum
(Reuters) – Elliott Management Corp on Wednesday renewed its demand for Marathon Petroleum Corp (MPC.N) to split into three companies, saying such a move would boost shareholder value by as…
Military strike against Iran would result in ‘all-out war’: Zarif
DUBAI (Reuters) – Any U.S. or Saudi military strike against Iran would bring “all-out war”, Tehran said on Thursday, keeping up a drumbeat of warnings to its adversaries after they…
EQM stops some work on WV-VA Mountain Valley natgas pipe
(Reuters) – EQM Midstream Partners LP (EQM.N) told U.S. federal regulators the company would stop some work on its long-delayed Mountain Valley natural gas pipeline from West Virginia to Virginia…
Proxy adviser Glass Lewis recommends EQT shareholders vote for company’s nominees
(Reuters) – Proxy adviser Glass Lewis & Co has recommended that investors in natural gas producer EQT Corp vote in favor of the company’s board nominees, putting it at odds…
Canada set to approve hotly-debated pipeline expansion, Trudeau unlikely to benefit
OTTAWA/CALGARY, Alberta (Reuters) – Canada looks set to approve a hotly-debated plan to expand an oil pipeline this week, people familiar with the process told Reuters, but the move is…
Wall Street Weekahead: Record-breaking rally leaving energy stocks behind
NEW YORK (Reuters) – The stock market surge since the start of the year that has sent the benchmark S&P 500 index up to new record highs is leaving behind…
Fuel shippers ask FERC to expedite hearing on Colonial Pipeline rates
(Reuters) – Chevron Corp (CVX.N), Valero Energy Corp (VLO.N) and Delta Air Lines Inc (DAL.N) have urged U.S. regulators to expedite a hearing on the fee structure of the largest…
Kinder Morgan to restart construction on Trans Mountain in August
(Reuters) – Kinder Morgan Canada Ltd said in a filing on Tuesday it is restarting construction in August on the Trans Mountain pipeline’s expansion after halting work in the spring…
As clock ticks, doubts grow over Kinder Morgan’s Canada oil pipe expansion
VANCOUVER/WINNIPEG, Manitoba (Reuters) – As a hard deadline set by Kinder Morgan Canada Ltd (KML.TO) for scrapping a key pipeline expansion looms, there is growing doubt among investors, contractors and…
Canada government ready to cover some Kinder Morgan pipeline losses
OTTAWA (Reuters) – Canada is prepared to cover any losses Kinder Morgan Canada Ltd might suffer if a proposed oil pipeline expansion continues to be delayed by political opposition, Finance…