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US Senate Committee votes to lift ban on crude oil exports
2015-07-31 01:00:00| Hydrocarbons Technology
US Senate Committee on Energy and Natural Resources has passed a bill supporting removal of the 40 year old ban for crude oil exports.
Oil prices rise following larger than expected fall in crude stocks
2015-07-30 01:00:00| Offshore Technology
Oil prices have rise slightly after larger than expected draw down of US crude and gasoline inventory.
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Nippon Steel to cut July-Sept crude steel output 6 pct
2015-07-29 12:49:39| Steel - Topix.net
Nippon Steel & Sumitomo Metal Corp, Japan's top steelmaker, plans to cut crude steel output in the July-September quarter by 690,000 tonnes or 6 percent from a year earlier as it struggles to bring down inventories. The drop to 10.9 million tonnes is in line with the 6.1 percent fall forecast by the industry ministry in Japan's total crude steel output for the period, which would take it to the lowest level for the quarter in six years.
Pemex signs export deal to export six million barrels of crude oil to Nippon Oil
2015-07-27 01:00:00| Hydrocarbons Technology
Mexican state-owned petroleum company, Pemex has signed an agreement to export six million barrels of crude oil from Mexico to Japans JX Nippon Oil & Energy Corporation over the following six months.
Rail Inspections Target Crude Oil Shipments through New York
2015-07-26 19:01:48| Railroads - Topix.net
The most recent, the same week Rockland conducted a oil train drill, included a check of CSX track along the Hudson River into Nyack. New York officials did another round of targeted crude oil tank car and rail inspections, including some of the track along the Hudson River into Nyack.
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