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API Publishes Industry Standard For Shipments Of Crude By Rail
2014-09-26 14:12:54| oilandgasonline Home Page
The American Petroleum Institute recently published a new set of recommended practices for testing and classifying crude oil for rail shipment and loading it into rail tank cars.
Tags: standard
industry
api
rail
Brent crude drops below $97 due to excess supply
2014-09-26 01:00:00| Offshore Technology
The price of Brent crude declined below $97 a barrel and is set for its worst month since April 2013 due to excess supply.
Brent crude drops below $97 on strong supplies
2014-09-25 01:00:00| Offshore Technology
The price of Brent crude declined below $97 a barrel today due to excess supply and a strong US dollar, which outweighed concerns over growing political tensions in the Middle East.
Tags: strong
supplies
drops
crude
Kansas City is crossroads for trains hauling dangerous crude
2014-09-24 23:08:50| Railroads - Topix.net
Each week, as many as 10 trains pass through Kansas City, each carrying at least 1 million gallons of Bakken crude from North Dakota, reports released this month by the Missouri State Emergency Management Agency show. Trains carrying other types of crude oil – from western Canada, Colorado or Wyoming – might also be moving through the area on their way to the nation's refineries.
Tags: city
kansas
dangerous
kansas city
ConocoPhillips CEO: End the crude oil export ban
2014-09-22 16:43:04| Oil & Gas - Topix.net
The price of oil and global demand have dipped in recent weeks, but Houston-based ConocoPhillips Chairman and CEO Ryan Lance still sees a critical long-term need for the U.S. to loosen its ban on crude oil exports. Although oil prices have exceeded $100 a barrel for most of the year, global Brent pricing for oil was below $98 a barrel at the end of last week, while West Texas Intermediate pricing was just more than $93 a barrel.
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