Crude oil
India’s thirst for energy to be addressed at IRPC
International Refining and Petrochemical Conference (IRPC) 2013New Delhi is an international city with numerous attractions. It is the home of the Qutub Minar, the tallest minaret in India. The c..
Egypt looks for fuel supplies from Arab producers to ease local shortage
Egypt is still talking with some Arab oil and gas producers to secure fuel supplies to ease its shortages. The negotiations with Qatar, Iraq, and Libya, members of the Organization of the Petroleum Exporting Countries are still ongoing in order to secure the best formula to serve the interest of Egypt.
US monthly oil demand inches higher despite sharp decline in gasoline use
Gains in demand for distillate fuel [diesel/heating oil] and catch-all other oils, which include feedstocks for petrochemical plants, offset the fall in gasoline use to nudge total demand higher.
Canadian Prime Minister Harper takes Keystone XL lobbying campaign to US
Canadian Prime Minister Stephen Harper took his case for approval of the Keystone XL pipeline to the United States, burnishing Canada's environmental credentials and saying the arguments for the project are "overwhelmingly on the side of approval."
Iraq halts northern oil exports after pipeline attack
Exports of crude oil from northern Iraq have been suspended after a new bomb attack against a key pipeline, a Middle East shipping agent said. The attack took place at the north of the al-Shurgat area north of Baiji, some 200 kilometers north of the capital, Baghdad.
EPA seeks improvement on Keystone XL review
The EPA gave the US State Department's review of the proposed Keystone XL pipeline a 'C' grade, adding that there is "ample time and ability" to upgrade the analysis.
Enbridge to expand infrastructure at Cheecham oil sands terminal in Alberta
The company estimated the Cheecham project would cost about $300 million. It will include two new 450,000-bbl blend tanks and convert an existing tank from blend to diluent service. Enbridge will also install receipt and distribution manifolds to facilitate transfers to Enbridge's Waupisoo pipeline.
Nigeria's national oil company denies reports of pipeline protection agency
NNPC said that it has no plan to set up an agency to protect pipelines in the country. A NNPC spokeswoman, said that the corporation and its subsidiary Pipelines and Produce Marketing Co. aren't privy to any plan by the federal government to up the agency or a commission to protect the pipelines.
TransCanada plans new Alberta pipeline, terminal
TransCanada said that it has reached binding shipping agreements allowing it to move forward on plans for a pipeline and terminal facility in Alberta that will help link Canadian crude oil resources in the province to markets in eastern Canada and the US. The projects would cost a combined $893 million.
Exxon cleans up Pegasus pipeline spill in Missouri
A resident notified the company that oil had stained the pipeline. Exxon is investigating the cause of the incident. The Pegasus pipeline has been out of service since March 29, when a breach in the line led to thousands of barrels of oil spilling into a residential neighborhood in Mayflower, Arkansas.
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