Bloomberg TransCanada Corp. posted first-quarter profit that topped analysts’ estimates, giving the pipeline company momentum as it enters a period that’s likely to feature key legal decisions on some of its major projects. TransCanada is benefiting from increased energy production and a shortage of pipeline capacity that’s keeping its Keystone oil pipeline system and Columbia natural gas system running at …

Bloomberg India’s oil demand grew for a fourth month in March, although the pace of gains slowed from February as falling vehicle sales weighed on transportation fuel consumption even amid campaigning for federal elections. Total usage of oil products rose 1.3% y/y to 18.9m tonnes in March, according to the oil ministry’s Petroleum Planning & Analysis Cell Demand in the …

Bloomberg Boeing Co said it’s helping to investigate how a 737-800 plane arriving from Cuba slipped into a river after skidding off a runway near Jacksonville, Florida. The chartered flight operated by Miami Air International Inc was carrying 136 passengers and seven crew when it left the runway at Naval Air Station Jacksonville on Friday evening, Boeing said in a …