oil-pipeline

TransCanada restarts Keystone pipeline at reduced pressure

The Canadian energy company said the U.S. Pipeline and Hazardous Materials Safety Administration approved the return to service plan for a controlled start Saturday evening. “As part of the return-to-service plan approved by PHMSA, TransCanada is operating the pipeline at reduced pressure,” the company said in

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TransCanada restarts Keystone pipeline at reduced pressure

oil-pipeline

Berkshire profit doubles to record on Kraft Heinz

By Jonathan Stempel and Jennifer Ablan NEW YORK (Reuters) – Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record high, reflecting a large gain on its stake in Kraft Heinz Co , while operating profit declined on weaker results from insurance underwriting. Operating profit fell 4 percent to $4.55 billion, or $2,769 per share, from $4.72 billion, or $2,876.     Analysts on average expected operating profit of $2,720.60 …

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Berkshire profit doubles to record on Kraft Heinz

oil-pipeline

Boeing eyes new partnerships, sees upward pressure on 737 output

Boeing expects to announce new industrial partnerships with an emphasis on defense at the Dubai Airshow, expanding on tie-ups in commercial aerospace, executives said on Saturday. Gulf-based sources have said they expect Boeing to expand its ties with both companies at the Nov 8-12 air show. “There will be a couple of announcements at the show related to increased partnerships and I'll leave it at that,” Bernard Dunn, president of Boeing Middle East, North Africa

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Boeing eyes new partnerships, sees upward pressure on 737 output

oil-pipeline

Obama rejects Keystone XL pipeline in win for greens

U.S. President Barack Obama on Friday rejected the proposed Keystone XL oil pipeline from Canada in a victory for environmentalists who campaigned against the project for more than seven years. “The pipeline would not make a meaningful long-term contribution to our economy,” Obama told a press conference. The denial of TransCanada Corp's more than 800,000 barrels per day project will make it more difficult for producers to develop the province

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Obama rejects Keystone XL pipeline in win for greens