Saturday, June 13, 2026
Keystone Pipeline - Oil & Gas 360

Does TransCanada’s Keystone XL Pipeline Stand a Snowball’s Chance in Court?

Oil & Gas 360® polled three international law experts to gauge the viability of the $15 billion Keystone XL legal action by TransCanada The saga that started back in 2008 continues. The Keystone XL oil pipeline did not die with a slammed door from White House. At least, not from the point of view of its sponsor’s corner office in

Oil Prices, Rig Counts, and Loonie Continue Plunge

WTI falls below $30 per barrel for the first time in 12 years The price of a barrel of West Texas Intermediate crude oil fell below the $30 mark for the first time since 2003 this week. Continued concerns over China’s market are curbing demand expectations as the global oil glut persists. WTI was trading at $29.45 at 2:15 EST

Petrobras Announces Oil and natural gas production in 2015

Petróleo Brasileiro S.A. – Petrobras hereby announces that its average Brazilian oil production in 2015 exceeded the annual target established in the Company’s Business and Management Plan for the first time in 13 years. The period average of 2.128 million barrels per day (bpd) was 4.6% higher than the previous year and 0.15% up on the 2.125 million bpd envisaged

Warren Buffett Stockpiles More Shares of Phillips 66

Some analysts say U.S. refiners won’t be hurt by exports Don’t count Warren Buffett as a participant in the energy market selloff – the legendary investor has purchased nearly $5 billion of Phillips 66 (ticker: PSX) stock since August 2015. Berkshire Hathaway (ticker: BRK), a multinational holding company chaired by Buffett, now owns 13% of the refiner and has a