SUNOCO LOGISTICS TO BUY ENERGY TRANSFER
Sunoco Logistics will buy Energy Transfer Partners in a $21 billion all-stock deal that will simplify a network of pipeline firms controlled by billionaire Kelcy Warren.
DELEGATE SAYS OPEC VIENNA TALKS GOING WELL
OPEC representatives had made progress in narrowing divisions over oil-production cuts but had yet to decide how much output the cartel's 14 individual countries will have to roll back, delegates said.
OIL HITS THREE-WEEK HIGH ON EXPECTATIONS FOR OPEC CUT
Oil prices rose to a three-week high as investors continued to bet that the Organization of the Petroleum Exporting Countries will reach a production deal at the end of the month.
CANADA AIMS TO FULLY PHASE OUT COAL POWER BY 2030
Canada plansto phase out traditional coal power by 2030 and will work with the country's four remaining provinces that still burn the fuel to reach the goal, Environment Minister Catherine McKenna said.
ELLIOTT MANAGEMENT ASKS MARATHON PETROLEUM TO CONSIDER BREAKING UP
The hedge fund sent a letter to Marathon Petroleum's board saying breaking up the firm may be needed to unlock value.
TESLA CLOSES SOLARCITY ACQUISITION
Tesla Motors closed the acquisition of SolarCity, paving the way for Elon Musk to begin integrating the solar-panel business into the auto maker to create an integrated clean-energy company.
ROWAN, ARAMCO TO LAUNCH OFFSHORE DRILLING JOINT VENTURE
Rowan and Saudi Arabian Oil said Monday that they would launch a new joint venture to own, operate and manage offshore drilling rigs that will be built in Saudi Arabia.
PLATINUM PARTNERS FUND OBTAINS LITIGATION SHIELD
Platinum Partners' flagship hedge fund secureda legal shield that puts on-hold litigation accusing the troubled fund of looting Texas oil and gas company Black Elk Energy Offshore.
ICE, PLATTS SHORE UP SHAKY NATURAL GAS INDEXES
A deal between Intercontinental Exchange Inc. and energy data provider S&P Global Platts aims to bolster U.S. natural gas indices that have faced questions about reliability.
POLICE IN NORTH DAKOTA USE WATER, RUBBER BULLETS, TEAR GAS IN LATEST PIPELINE CLASH
A standoff in North Dakota near the site of an oil pipeline nearing completion turned violent late Sunday as police sprayed water, fired rubber bullets and used tear gas to disperse protesters, some of whom had set multiple fires at a highway crossing.
U.S. STOCKS CLOSE AT RECORD HIGHS
The S&P 500, Dow Jones Industrial Average and Nasdaq Composite climbed toward a trifecta of closing records Monday as commodity prices gained.
IRAQ TO OFFER NEW PROPOSALS TO IMPLEMENT OPEC OIL OUTPUTCUT
Iraq will offer three new proposals at a meeting in Vienna this coming week to discuss implementing an OPEC accord to cut output, Iraq's Oil Minister Jabbar al-Luaibi said late Sunday.
======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========
WHY SAUDI ARABIA'S OIL GIANT AIMS TO BE BIG IN CHEMICALS, TOO
Aramco's plans to expand its petrochemical operations are part of Saudi Arabia's effort to remake its economy as oil's future clouds.
Heard on the Street
MILD FALL MAY HOODWINK GAS TRADERS
A mild start to the heating season has left natural-gas traders unconcerned about how supplies will fare this winter, but there is precedent for a large draw on storage.
(END) Dow Jones Newswires
November 21, 2016 18:38 ET (23:38 GMT)
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