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  • Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia

    NEW YORK (Reuters) - Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world's largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate...

    Like Keystone in the US, Canada's pipeline to Pacific is high-voltage politics

    The Canadian government's decision Tuesday to approve the $7 billion Northern Gateway pipeline from the tar sands of Alberta to the coast of British Columbia does not guarantee that the pipeline will be built in the end or that Prime Minister Stephen...

    Expiration of South Dakota Keystone permit another hurdle for TransCanada

    Public protests, legal tussles and delays have plagued the Keystone XL pipeline for years. Now TransCanada Corp., the company behind the project, faces another hurdle when the permit it needs to build in South Dakota expires on June 29. The...

    Keystone XL pipeline opponent cites terrorism concerns

    Billionaire Democratic donor and environmental activist Tom Steyer opened a new front Wednesday in his campaign to derail the Keystone XL project by commissioning a study of the oil pipeline's vulnerability to terrorism. The three-month study, conducted...