By Arathy Somasekhar HOUSTON (Reuters) – A draft environmental impact statement for the Dakota Access oil pipeline is now expected to be released in fall, a spokesperson for the U.S. Army Corps of Engineers said on Thursday. The review was initially expected to be completed last year and earlier was…

(Reuters) – The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) on Thursday proposed new measures to bolster the safety requirements of gas distribution pipelines. The PHMSA issued a Notice of Proposed Rulemaking (NPRM), outlining updated regulations to improve safety on the country’s millions of miles of…

By Scott DiSavino (Reuters) -Two U.S. electric grids may not have enough power to meet demand plus required reserves on Thursday as homes and businesses crank up their air conditioners to escape a brutal heat wave blanketing Texas and other U.S. Central states. The Electric Reliability Council of Texas (ERCOT),…

By Mark Trevelyan LONDON (Reuters) -The presumed death of mercenary leader Yevgeny Prigozhin in a fiery plane crash leaves Russian President Vladimir Putin stronger in the short term, removing a powerful figure who had defied his authority and threatened to make him look weak. But it also deprives him of…

Investing.com — Gold prices rose to a two-week high on Thursday as weaker-than-expected U.S. business activity data spurred bets that the Federal Reserve will have limited headroom to keep raising interest rates. Prices were up for a fifth straight session, recovering further from a five-month low hit earlier in August…

By Lewis Jackson and Kirsty Needham SYDNEY (Reuters) – Australia’s Trade Minister Don Farrell has dangled easier access to the country’s vast critical minerals sector as part of negotiations over a free trade agreement with the European Union ahead of possible further talks as soon as next week. Negotiations between…

By Ana Mano SAO PAULO (Reuters) – Brazil is set to overtake the U.S. this year as the world’s top corn exporter, reflecting both a bumper harvest and logistical breakthroughs such as the consolidation of northern export routes, which are boosting the competitiveness of the South American grains powerhouse. Corn…

Investing.com — stocks fell by just over six million barrels last week, more than double the level forecast. But output of oil in the largest producing country hit new three-year highs, a government report showed on Wednesday, as supply-demand of the commodity remained volatile from persistent Saudi attempts to squeeze…

By Marianna Parraga, Vivian Sequera and Timothy Gardner CARACAS/WASHINGTON (Reuters) – U.S. officials are drafting a proposal that would ease sanctions on Venezuela’s oil sector, allowing more companies and countries to import its , if the South American nation moves toward a free and fair presidential election, according to five…

NEW DELHI (Reuters) -Oil prices eased in early trade on Thursday amid disappointing economic data from key economies and as investors await a speech by U.S. Federal Reserve Chair Jerome Powell on Friday for cues on interest rates. fell 26 cents, or 0.3%, to $82.95 a barrel by 0359 GMT,…