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After a harsh lesson in crude economics, new pipelines now biggest...

2013-01-31 17:01:29| Oil & Gas - Topix.net

The current rock-bottom price for Canadian crude in the U.S. market is the No. 1 challenge facing the country today, leaving governments short of revenue and possibly leading to a big slowdown in future oilsands investment, the head of pipeline-builder Enbridge said Wednesday.

Tags: now biggest economics lesson

 

Pipeline Crude Pumping Station Solves Flow Measurement Problem With V-Cone Meter

2013-01-31 03:23:08| oilandgasonline Home Page

A regional light crude pipeline operator in the mountain states of the U.S. was looking for an economical, accurate method to measure crude inventory flow within its pumping stations. By Nick Voss, V-Cone Product Manager, McCrometer

Tags: problem flow station meter

 
 

Todays Brent crude jumps on positive economic outlook, Federal stimulus pledge

2013-01-31 01:00:00| Offshore Technology

Brent crude slipped slightly today, but still remained near its three month high as the US Federal Reserve promised to stand by its bond-buying stimulus plan and also due to optimistic data from the eurozone, indicating a brighter outlook for oil dem

Tags: positive economic federal outlook

 

Crude oil spills into Mississippi River after oil barges crash

2013-01-27 23:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Two oil barges pushed by a tugboat slammed into a railroad bridge in Vicksburg, Mississippi, on Sunday, causing one to leak crude oil into the Mississippi River, the U.S. Coast Guard said. Officials used an "absorbent boom" to contain the undetermined amount of oil that leaked into the river after the collision, which occurred shortly after midnight and damaged both barges, Lieutenant Ryan Gomez said. The barge that is leaking was holding 80,000 gallons of light crude oil, he said. "A towing...

Tags: river oil mississippi crash

 

Today's Brent crude steady on positive data from US, China

2013-01-25 01:00:00| Offshore Technology

Brent crude remained steady today, supported by optimistic economic data from both the US and China, which raised demand outlook for fuel from the world's two largest oil consumers.

Tags: us data china positive

 

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