TransCanada says it has secured enough customers to proceed with Keystone XL pipeline

SALT LAKE CITY — The Canadian pipeline company that set out a decade ago to build the $8-billion Keystone XL oil pipeline across the Great Plains said Thursday it had secured enough shipping orders to proceed with construction. A statement released by TransCanada stopped short of making a commitment to construct the 1,189-mile pipeline from Hardisty,… Please follow and like us:

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China covertly offering North Korea missiles, aid to halt nuclear program

China’s Communist Party adopted a secret plan in September to bolster the North Korean government with increased aid and military support, including new missiles, if Pyongyang halts further nuclear tests, according to an internal party document. The document, labeled “top secret” and dated Sept. 15 – just 12 days after North Korea’s latest underground nuclear blast… Please follow and like us:

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Six Ways Oil And Gas Development Can Contaminate Land And Water (And What To Do About It)

As oil and gas production increases, so does the risk of toxic waste leaking to the environment. The massive amount of briny wastewater generated from oil and gas development can cause serious damage if it comes into contact with the public or our environment. Consider what happened to the Johnsons, a 4th generation ranching family in… Please follow and like us:

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JPMorgan Says Too Much MiFID II Transparency Might Hurt Market Liquidity

As MiFID II approaches – and the majority of bulge bracket research providers have decided to eat the cost of research rather than charge for it – the looming concern is market liquidity amid MiFID II transparency. Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save… Please follow and like us:

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OPEC Decides Nigeria’s Oil Output Today

The Organisation of the petroleum exporting Countries (OPEC) will today debate on whether to cap oil output from Nigeria and Libya, which have so far been excluded from supply curbs due to falling production amid unrest. Two sources with knowledge of the matter told LEADERSHIP that the 14-member OPEC will meet today to decide whether to… Please follow and like us:

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Should investors fear purges in Saudi Arabia?

Saudi Arabia’s central bank has moved to allay investor fears amid an ongoing campaign of arrests targeting some of the country’s richest people, including members of the royal family. In a statement issued on Wednesday, the Saudi Arabian Monetary Agency said the round-up, which is ostensibly aimed at ending corruption, would not affect businesses associated with… Please follow and like us:

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Aramco chief confirms IPO as doubts linger

As questions swirl around the viability of Saudi Aramco’s initial public offering, the oil giant’s CEO has stepped in to confirm the IPO is on track for the second half of 2018. The plan to float five percent of state-owned Aramco — expected to be the world’s largest stock sale — forms the cornerstone of a… Please follow and like us:

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Kurds lose more than oil as they cede control of Kirkuk in Iraq

The Iraqi oil city of Kirkuk has been under Kurdish control for several years. On Monday, Iraqi soldiers reclaimed it for Baghdad, and that’s a big deal. “It is a different Iraq today than it was two days ago,” says journalist Ben Van Heuvelen. “It’s a paradigm shift in Iraq akin to what happened in 2014… Please follow and like us:

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North Korea threatens US, Japan over UN sanctions

North Korea has threatened to sink Japan and reduce the US to “ashes and darkness” for leading the latest UN Security Council sanctions imposed on the country. The Security Council on Monday unanimously approved a US-drafted resolution, which bans Kim Jong-un’s government from exporting textiles and restricts the shipment of oil products. Reacting to the vote… Please follow and like us:

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Stock markets push higher despite N.Korea jitters

Stock markets in Europe and the United States mostly recovered on Wednesday, although the North Korean crisis remained on the minds of investors. Gold hit near one-year highs as investors continued to flock to haven assets ahead of the European Central Bank’s regular policy meeting on Thursday. There was little movement between the dollar, euro and… Please follow and like us:

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Dollar, most Asia markets rise as US data pip N. Korea concerns

The dollar extended gains and most Asian equities advanced Thursday as strong US growth and jobs data helped traders move past North Korea’s missile test but oil struggled as deadly storm Harvey batters the Gulf Coast. Markets across Asia rallied Wednesday after the previous day’s North Korea-fuelled losses as US President Donald Trump’s apparently measured response… Please follow and like us:

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EXCLUSIVE: Soros Claims To Be A Liberal. Here’s Where He Puts His Money

Billionaire George Soros gives liberally to progressive causes, but he puts his financial bets on fast-food chains, GMO foods, coal, firearms and gas-guzzling cars, according to a Daily Caller News Foundation Investigative Group analysis of his latest financial filing. Soros claims he is a fighter for human rights but that hasn’t kept his separate private family… Please follow and like us:

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Top 5 matters To recognize in the marketplace On Wednesday

Top 5 matters TO recognize in the marketplace ON WEDNESDAY the marketplace right here are the top five things you want to recognize in financial markets on Wednesday, August 23: 1. Trump in marketplace focus on various fronts Markets endured to hold watch over U.S. President Donald Trump on numerous fronts whilst a report that his… Please follow and like us:

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Infrastructure, Jobs And Economic Growth

We’ve posted quite a bit recently about the need for streamlining the federal permitting process for energy infrastructure (see here and here). An API study earlier this year estimated investments in needed natural gas and oil infrastructure could total more than a trillion dollars and potentially generate more than 1 million jobs through 2035. That’s a… Please follow and like us:

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Forex Investors Buzz Word Major Currency Pairs 8.1.17

FOREX INVESTORS BUZZ WORD MAJOR CURRENCY PAIRS 8.31.17 CURRENCY TRADERS MAJOR CURRENCY PAIRS 8.1.17 This morning, the greenback is trading mixed against most of the major currencies, ahead of a series of economic releases in the US, consisting of the ISM manufacturing PMI, construction spending, personal income and spending data, all slated to release in a… Please follow and like us:

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