Crude Oil

  • Alberta Oil Curtailments May End This Year

    Alberta Oil Curtailments May End This Year

    The premier of Alberta, Canada’s high oil-producing province, mentioned Wednesday that the top of an authorities-imposed curtailment on oil manufacturing might come sooner than its December 2020 sundown date. “We hope it is going to finish by this time next year at the newest,” Premier Jason Kenney instructed Reuters throughout an interview in Houston, the place he met with executives…

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  • During Transfer to Washington Oil Spilled a Little

    During Transfer to Washington Oil Spilled a Little

    The Washington Department of Ecology stated that cleanup of a small crude oil spill in Fidalgo Bay completed early Sunday. “There have been no impacts to the shoreline or wildlife,” division spokeswoman Cheryl Ann Bishop stated in an email. The spill occurred Friday night time when a Crowley Maritime barge was transferring 5 million gallons of oil to the Shell…

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  • Venezuela Accused of Exporting Millions of Oil Barrels Secretly

    Venezuela Accused of Exporting Millions of Oil Barrels Secretly

    The Dragon, a large oil tanker flying the Liberian flag, is meant to be floating someplace off the coast of France, based on its final GPS sign. As a substitute, it’s presently 1000’s of miles away in Venezuela the place, beneath contract for the Russian state-oil large Rosneft Oil Co. PJSC, it filled 2 million barrels of oil, in line…

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  • Shore Power System Is Having a Huge Impact On the Environment

    Shore Power System Is Having a Huge Impact On the Environment

    Ports are the central doorway for global trade and are crucial to the economy of every country. Daily, thousands of ships are docked at berth around the world, since it’s impossible and unnecessary to send all the vessels on sails. Besides, not all ships are meant for sailing. Some vessels are docked to guard a country’s port. Some ships, including…

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  • Oil Prices Remain Steady Despite Rise of America's Crude Oil Inventories

    Oil Prices Remain Steady Despite Rise of America’s Crude Oil Inventories

    Oil costs have been broadly steady on Thursday, regardless of bearish alerts from rising US crude oil shares and weak manufacturing facility activity in China. Brent crude futures had been down 4c at $60.57 a barrel by 10.24 am GMT, erasing earlier features. That they had dropped by 1.6% on Wednesday, and the contract is ready for a month-to-month decline…

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  • Keystone Oil Pipeline Gets Rare Permit After The Spill

    Keystone Oil Pipeline Gets Rare Permit After The Spill

    The huge US Keystone pipeline has been transporting oil from Canada to the US at a better-than-commonplace stage of stress because it began working in 2010, due to a particular allow granted by US regulators on the situation operator TC Energy Corp would monitor the road carefully. Nevertheless, after four vital leaks, together with one of many largest of the…

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  • Keystone Pipeline Is Leaking Crude Oil

    Keystone Pipeline Is Leaking Crude Oil

    On Thursday, the Keystone Pipeline spilled about 383,000 gallons of crude oil in North Dakota. It’s nothing in need of an environmental disaster — and it most likely won’t be the final time that the significantly-leaky pipeline spills, consultants told The New York Times. The pipeline, which the U.S. authorities said in 2011, would pose “no vital impression” to the…

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  • Gulf of Mexico Is Setting Crude Oil Records for 2020

    Gulf of Mexico Is Setting Crude Oil Records for 2020

    U.S. crude oil manufacturing within the U.S. Federal Gulf of Mexico (GOM) averaged 1.8 MMbpd in 2018, setting a brand new annual report. The U.S. Energy Information Administration (EIA) expects oil manufacturing within the GOM to set new manufacturing information in 2019 and in 2020, even after accounting for shut-ins associated to Hurricane Barry in July 2019 and together with…

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  • Canadian Administrators, Producers Examine Enbridge’s Oil-Exporting Plan

    Canadian Administrators, Producers Examine Enbridge’s Oil-Exporting Plan

    Enbridge’s proposed shift to long-term crude transport contracts on its Mainline pipeline network is drawing the wrath of a rising number of producers, and now Canada’s energy regulator is getting involved, which might delay the course. After ConocoPhillips and Canadian Natural Resources became the newest firms to oppose Enbridge’s search for long-interval shipping commitments, the governor on Tuesday asked all…

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  • Kosmos Boss Tracey Looks to 90s Playbook in Africa Oil Quest

    Kosmos Boss Tracey Looks to 90s Playbook in Africa Oil Quest

    Tracey Henderson is returning to the nook of Africa, where 20 years ago she began to make her name in the oil world. She joined Equatorial Guinea as a young geophysicist in the nineties, constructing experience within the nation as she moved to unlock oil and gas reserves. Having planned a profession that entails some of West Africa’s most significant…

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