(Bloomberg) -- Legendary oil tycoon T. Boone Pickens is closing his hedge fund, saying trading in oil has lost its luster.

Instead, the onetime Texas oil wildcatter wrote in a LinkedIn post that he wants to invest in “personal passions like promoting unbridled entrepreneurship and philanthropic and political endeavors.

Jan 12 (Reuters) - U.S. energy regulators rejected Williams Cos Inc's request to overturn New York's denial of a water permit for the company's proposed Constitution natural gas pipeline from Pennsylvania to New York, according to a filing on Thursday.

NEW YORK, Jan 12 (Reuters) - Oil prices rose for a sixth day on Friday after Russia's oil minister said that global crude supplies were "not balanced yet," alleviating buy Wellhead market concerns about a wind-down of the OPEC-led deal to reduce production.

BEIJING, Jan 12 (Reuters) - China's natural gas imports soared to a record in December as the country battled a winter supply crunch, while crude oil imports eased sharply from near-record highs a month earlier, customs data showed on Friday.

ABU DHABI, Jan 11 (Reuters) - United Arab Emirates (UAE) Energy Minister Suhail al-Mazrouei said on Thursday he was not concerned with the current oil price.

AMSTERDAM, Jan 11 (Reuters) - The Dutch gas regulator will respond on Thursday to proposals to reduce output from the Groningen gas field following a tremor there this week, though a spokeswoman said it would not immediately specify how much oil rig flanges gulf coast production should be cut.

KATOWICE, Poland, Jan 11 (Reuters) - Poland's dominant gas firm PGNiG plans to spend half of 2017 profit on dividend, CEO Piotr Wozniak told Reuters on Thursday.

Norwegian oil rig flanges gulf coast production will continue to increase to 2023, according to the Norwegian Petroleum Directorate (NPD).