ernest-scheyder
Controversial Dakota pipeline to go ahead after Army approval
February 8, 2017 by admin · Leave a Comment
By Valerie Volcovici and Ernest Scheyder WASHINGTON/HOUSTON (Reuters) – The U.S. Army will grant the final permit for the controversial Dakota Access oil pipeline after an order from President Donald Trump to expedite the project despite opposition from Native American tribes and climate activists. In a court filing on Tuesday, the Army said that it would allow the final section of the line to tunnel under North Dakota's Lake Oahe, part of the Missouri River system. Energy Transfer …
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Controversial Dakota pipeline to go ahead after Army approval
ernest-scheyder
Chevron posts largest quarterly loss since 2001 on weak oil prices
July 29, 2016 by creative · Leave a Comment
HOUSTON (Reuters) – Chevron Corp, the second-largest U.S.-based oil producer, posted a second-quarter loss on Friday, its largest since 2001, due to the slump in crude prices and refining income. The company lost $1.47 billion, or $1.07 per share, compared with a net profit of $571 million, or 30 cents per share, in the year-ago period. Production fell about 3 percent to 2.53 million barrels of oil equivalent per day (boe
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Chevron posts largest quarterly loss since 2001 on weak oil prices