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Enterprise proposes crude oil pipeline from North Dakota to Oklahoma

2014-09-08 22:35:06| Oil & Gas - Topix.net

Enterprise Products Partners L.P. hopes to succeed where many others have failed to build a new pipeline to carry oil from North Dakota's booming Bakken oil fields to the nation's central oil storage facility in Cushing, Oklahoma. And key to the Houston company's Bakken-to-Cushing proposal, announced Thursday, is that the proposed 1,200-mile pipeline pass through Wyoming and Colorado, picking up crude oil pumped from the Powder River and Denver-Julesburg basins, on its way to the nation's central oil facility in Oklahoma.

Tags: north oil enterprise oklahoma

 

Dangerous Crude Could Still Travel in Misclassified Tank Cars, Canada TSB Says

2014-09-05 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: Canada's transportation safety agency is raising concerns that dangerous crude oil could still be travelling by rail inside misclassified tank cars, despite assurances from the federal government that the problem has been fixed. In a recent letter to Transport Canada, the Transportation Safety Board said new requirements to test oil don't explicitly address its "variability," including the fact that different products are sometimes blended together before they are shipped. The letter was sent...

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Brent crude trades near $102 on strong US dollar

2014-09-05 01:00:00| Offshore Technology

Brent crude oil traded near $102 a barrel on Friday on a strong US dollar, which contributed to a slash in prices.

Tags: us strong dollar trades

 

Kuwait Petroleum eyes stake in Indian refinery, offers crude supply: Sources

2014-09-04 16:03:16| Oil & Gas - Topix.net

India imports about 80 pct of its oil needs and plays a growing role as a regional refining hub. Reuters Kuwait Petroleum Corp aims to pick up a significant stake in Indian Oil Corp's Paradip refinery and supply about 60 percent of the oil needs of the plant, set to start up later this year, three sources with knowledge of the matter said.

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Brent crude increases towards $101 on strong US manufacturing data

2014-09-03 01:00:00| Offshore Technology

Brent crude increased to $101 a barrel today supported by better manufacturing activity in the US.

Tags: data strong manufacturing increases

 

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