Bloomberg Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire against their efforts to achieve his goal of “American energy dominance.” The intense lobbying effort comes as the Commerce Department faces a deadline to give the president a plan to require oil and gas pipelines use American-made steel, an ...

Bloomberg India approved the sale of a stake in state-run refiner Hindustan Petroleum Corp. to the country’s biggest oil and gas explorer, according to a person with knowledge of the decision. The move fulfills a plan, first outlined in February, to create an Indian oil giant through consolidation and mergers, forming a company comparable with international rivals that could weather ...

Bloomberg Almost two years after the biggest gas leak in US history sprung from a Sempra Energy natural gas storage field in Southern California, the state is ready for the complex to reopen. Sempra Energy’s Aliso Canyon field near Los Angeles is safe to operate at about 28 percent of capacity, with the ability to store as much as 23.6 ...