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Today's oil prices increase after rise in China crude imports

2014-01-10 01:00:00| Offshore Technology

Oil prices increased today after China's crude oil imports rose 13% in December, creating demand for the oil in near future.

Tags: china increase prices oil

 

Soaking up crude oil spills with polymer mesh magnetic nanoparticles

2014-01-09 22:12:00| Canadian Plastics Headlines

The news moves fast these days, so you can be forgiven for being a little fuzzy about the Deepwater Horizon episode. Heres a recap: On 20 April 2010, while drilling in the Gulf of Mexico off the coast of Louisiana, an explosion on the...

Tags: oil mesh magnetic polymer

 
 

Canadian Train Carrying Crude, Propane Derails Jan. 7

2014-01-08 09:03:00| OGI

Canadian National Railway's stocks fall, to lowest in intraday trading since Dec. 18, at the news

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Oil glut stirs debate over US crude exports

2014-01-06 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Houston Chronicle: As a new year dawns in the nation`s capital, the Obama administration and Congress find themselves grappling with a scenario that was unthinkable just a few years ago: What to do with the domestic oil flowing out of West Texas, North Dakota and other states? The climb in domestic crude production has created a dilemma for both lawmakers and the White House, who are facing new pressure from oil companies to relax the nation`s 38-year-old ban on exports of the unprocessed product. The current...

Tags: oil debate exports crude

 

Pipeline Regulator Issues Safety Alert on Bakken Crude

2014-01-05 08:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Oil & Gas Journal: The US Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a safety alert to shippers and carriers, emergency responders, and the general public that Bakken crude should be handled carefully because it may be more flammable than other grades. The Jan. 2 notice followed preliminary inspections after recent rail derailments involving Bakken crude in North Dakota, Alabama, and Lac Megantic, Que., PHMSA said. It reinforces the requirement to properly...

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