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More oil pipeline capacity planned for Texas
Washington :: DC :: USA | 17 hours ago
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A 95-mile pipeline extension from western Oklahoma and the Texas panhandle will carry as much as 75,000 barrels of oil per day, a pipeline company said. Plains All American Pipeline announced it was building a 95-mile extension for an Oklahoma crude
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Futures Movers: Oil futures seesaw; U.S. inventories may decline
Los Angeles :: CA :: USA | 23 hours ago
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U.S. crude-oil futures wobbled between small losses and gains Tuesday, with the moves coming before data expected to show a drawdown in weekly oil inventories. Crude oil for June delivery was up 16 cents, or 0.2%, to $96.87 a barrel in electronic
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Nigeria seeks help with tackling oil theft
Lagos :: Nigeria | 1 day ago
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The U.S. and British governments are willing to help Nigeria address rampant crude oil theft from the Niger Delta, the petroleum minister said from London. The Movement for the Emancipation of the Niger Delta rebel group in April said it was
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OPEC majors showing lower exports
Riyadh :: Saudi Arabia | 1 day ago
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The Joint Organizations Data said Saudi Arabia in March exported around 7.4 million barrels of oil per day, down about 30,000 bpd from the previous month, Bloomberg News reports. The Saudi Press Agency last week reported that demand for crude oil was
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50 Billion Reasons to Support Ethanol
Moscow :: Russia | 3 days ago
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The mandated blending of ethanol in motor fuel -- specifically when produced from corn -- is a highly controversial issue. Is it really corrosive to engines at concentrations of just 10%?...While ethanol does, in fact ,have a lower energy density
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Jabhat al-Nusra have taken over Assad's oil wells in Raqqa desert
The Syrian wing of the al-Qaeda has devised a wonderful plan of using the oilfields of Bashar al-Assad to generate funds for its activities. Reports indicate that Jabhat al-Nusra, the al-Qaeda offshoot that has joined forces with a
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Oman oil exports rise 14.8 % in first three months of 2013
Seoul :: South Korea | 4 days ago
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The Sultanate's crude oil exports to major countries increased 14.8 per cent during the first three months of 2013, compared to the same period in 2012, according to recently published data released by the National Centre for Statistics and
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California: Energy Death Valley
Los Angeles :: CA :: USA | 5 days ago
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California Energy, electricity, natural gas, petroleum, renewable energy, U.S...It is the country's most populous state and has the second largest energy consumption in the nation, second only to Texas. California has large energy resources, but also
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Nigeria: Court Orders EFCC to Evacuate Stolen Crude Oil
Abuja :: Nigeria | 6 days ago
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Act, 2004, asked the court for an order granting it leave to evacuate the petroleum products conveyed by the suspects in trucks and vehicles as specified in the schedule attached to the affidavit for safe keeping. The commission stated that the
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Rail said sufficient to deliver North Dakota crude oil
Bismarck :: ND :: USA | 6 days ago
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There's enough rail capacity to get crude oil out of North Dakota even though the state continues to set production records, the state's oil commission said. Director of the North Dakota Industrial Commission Oil and Gas Division Lynn Helms said
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