Keystone Report Said Likely to Disappoint Foes on Climate

The U.S. State Department is preparing a report that will probably disappoint environmental groups and opponents of the Keystone pipeline, according to people who have been briefed on the draft of the document.

Nexen Approval Paves Way for More Foreign Deals in Gas

Canada’s approval of two Asian takeovers valued at $20 billion may spark more foreign acquisitions of natural gas producers in the country while capping state-owned control of Alberta’s oil sands.