On December 2, 2013 Igor Sechin, Rosneft President and Chairman of the Management Board, and Arthur Alaverdyan, President of Oil Techno, signed a Shareholder Agreement as part of the plan to set up a joint venture. The JV’s primary ...
The future of Quebec's refining industry depends on having access to quality crudes at competitive prices, and this means access to Western oil. This is the conclusion of a submission presented today by Valero Energy Inc. ( Valero") during ...
Tags: Metallurgy, Mineral, Energy, oil, gas
Have you ever wondered how many different kinds of energies are available for replacing fossil fuels? Today, there are a number of energies available as replacement to Fossil fuels, such as Hydro energy; Solar energy; Wind energy; ...
TULSA, Okla., Nov. 15, 2013 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has closed on its previously-announced acquisition of Rocky Mountain pipeline assets from Plains All American Pipeline, L.P. ...
Tags: Magellan Midstream, close, Rocky Mountain, pipeline, acquisition
Scottish oil and gas sales to the rest of Britain and international markets are estimated to be worth over 30 billion pounds (about 48 billion U.S. dollars) in 2012, the Scottish government said on Wednesday. International sales by the ...
Tags: Scottish Oil, Gas Sales
US rail transportation of petroleum and petroleum products for the week ended November 16 totaled 15,523 cars, up 21.6% from the year-ago week, the Association of American Railroads said Thursday. Petroleum and petroleum product shipments ...
Tags: petroleum, petroleum products
For years I have gone into food stores and read labels only to not know what half the ingredients were. I got to thinking, that maybe I'm not alone when it comes to knowing what the rest of them are. So, I've put together what might be a ...
Hot tapping is also known as a form of pressure tapping and it is a way of connecting the present pipeline or containers, without the requirement to empty any connected part of the pipe or the container. This means that the work can be done ...
West Africa is experiencing a surge in piracy, with well-organised hijackers targeting the region's growing oil and gas industries, writes national security expert Dr James Jay Carafano in World Review. Although efforts to combat crime at ...
Tags: pirate, plunder, West Africa, oil, gas
Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that it has entered into an agreement to acquire the U.S. East Coast bunkering business of Hess Corporation (NYSE: HES). This transaction, for a purchase price of $30 ...
Tags: Aegean Marine Petroleum Network, acquire, bunkering, business
PIERS , The Standard in Trade Intelligence, has been selected by AmSpec , to deliver a customized business intelligence solution that will provide immediate and actionable insight into bulk shipments of petroleum products around the world. ...
Tags: PIERS, intelligence solution, insight, bulk
Three of the five transportation modes carried more US-NAFTA trade in August 2013 than in August 2012 as the value of overall US trade with its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico, rose 2.0 percent from ...
Tags: NAFTA, freight flow, gain
U.S. crude-oil futures dropped to a four-month low Wednesday after government data showed inventories rose more than expected last week. The Energy Information Administration said crude oil stocks rose by 4.1 million barrels, compared ...
Tags: crude oil, Oil, Metallurgy, Mineral, Energy
SK innovation, one of the world's leading energy and petrochemical companies, and LanzaTech, a producer of low-carbon fuels and chemicals from waste gases, announced an agreement to develop a new process technology for the production of 1,3 ...
Tags: SK&Lanztech, Butadiene Technology
General Motors will build a Chevrolet Impala sedan for retail and fleet customers that operates on either gasoline or compressed natural gas (CNG), GM Chairman and CEO Dan Akerson announced today. It is the only manufacturer-produced ...
Tags: Akerson, Bi-Fuel Chevrolet