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Today's Brent crude steady over positive economic outlook, Middle East concerns
2013-02-04 01:00:00| Offshore Technology
Brent crude remained steady today, supported by data from the world's two top oil consumers, China and the US, offering a sign of hope that the global economy might recover modestly in 2013.
Tags: east
middle
positive
economic
PN Bakken: BNSF counts on 40% hike in crude cargo
2013-02-02 17:32:26| Railroads - Topix.net
Burlington Northern Santa Fe, owned by Warren Buffet's Berkshire Hathaway, aims to increase its crude oil shipments by 40 percent this year and inject about $200 million in capital improvements to haul more petroleum products from the Bakken to refineries.
Texas Petro Index: Despite Declining Crude Prices, Oil Still Reigns Supreme
2013-02-01 17:45:00| OGI
The output in 2012 was the highest the state has seen since 1992.
CN's Crude Oil-By-Rail Plan Increases Risk of Spills, Fatalities, Say Opponents
2013-02-01 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Canadian Press: Opponents of the Northern Gateway pipeline are threatening to turn their sights on CN Rail, as at least one Alberta oil company explores the possibility of transporting oilsands crude to the B.C. coast by rail car. Sixteen environmental groups signed a letter sent to Canadian National CEO Claude Mongeau this week to express opposition to any plans to ship product from the Alberta oilsands west by rail. "Unfortunately, ... there are far greater fatality, injury and environmental risks when transporting...
Tags: plan
risk
increases
opponents
Canadian Oil Sands Profit Hit by Crude Price Gap
2013-02-01 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Canadian Press: Canadian Oil Sands Ltd., which owns the biggest piece of the massive Syncrude oil sands mine in northern Alberta, posted a dip in fourth-quarter profits as its crude fetched a lower price. The Calgary-based company says net income was $221-million, down from $232-million a year earlier. The earnings amounted to 46 cents a share, down from 48 cents per share a year earlier and missing the average analyst estimate of 50 cents per share, according to Thomson Reuters. Cash flow from operations...
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