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Canada's Alberta Unveils New Carbon Policy for Oil Sands Sector

Nov 24, 2015

Canada's Alberta province Sunday announced a new "climate leadership" plan that includes a cap on greenhouse gas emissions by oil sands producers as it moves to overhaul its image and kick start export opportunities. The cap on emissions ...

Tags: greenhouse gas, oil sands, oil

Kenya, Uganda Agree on Crude Oil Pipeline Route

Aug 12, 2015

Kenyan President Uhuru Kenyatta and his Ugandan counterpart Yoweri Museveni have agreed on a pipeline route for crude oil export. In a communiqué issued at the end of a three-day visit by the Kenyan President to the neighbouring ...

Tags: Crude Oil, Oil Pipeline

USW Obiected to Lifting The Long-Standing Crude Oil Export Ban

Aug 3, 2015

Leo W. Gerard, international president of the United Steelworkers (USW), has testified before the US Senate Banking, Housing and Urban Affairs Committee, reiterating his opposition to lifting the long-standing crude oil export ban, ...

Tags: crude oil, export ban

The First Round of Oil Product Export Quotas for 2015

Jan 17, 2015

China this week issued the first round of oil product export quotas for 2015, with volumes totaling 9.75 million mt, industry sources said Wednesday, January 14. This is significantly more than the roughly 8 million mt of quotas that were ...

Tags: Oil Export, Crude Oil

US Residual Fuel Oil Implied Demand Was Slightly Higher in March Than in February

Jun 3, 2014

US residual fuel oil implied demand was slightly higher in March than in February, but just half what it was in March 2013, according to US Energy Information Administration data published Thursday. March fuel oil demand in the US was ...

Tags: Fuel Oil, fuel oil demand

Chicago Board of Trade May Soybean Oil Futures Were Down 46 Points to 41.42 Cents/Lb

May 5, 2014

Chicago Board of Trade May soybean oil futures were down 46 points to 41.42 cents/lb Thursday as weekly data from the US Department of Agriculture showed a significant decline in net export sales. For the reporting week ended April 24, ...

Tags: Soybean Oil, Soybean Oil Futures, net export

Chicago Board of Trade May Soybean Oil Futures Were Down 11 Points to 42.39 Cents/Lb

Apr 28, 2014

Chicago Board of Trade May soybean oil futures Thursday were down 11 points to 42.39 cents/lb despite weekly data from the US Department of Agriculture showing a slight rise in net export sales. For the reporting week ended April 17, ...

Tags: Soybean, Oil Futures

Kazakhstan's Natural Monopoly Regulator AREM Approved Raising The Crude Oil Export

Mar 31, 2014

Kazakhstan's natural monopoly regulator AREM has approved raising the crude oil export shipment tariff for national oil pipeline operator KazTransOil by 20% from the current level to Tenge 5,817.20 ($31.57)/mt per 1,000 km from April 1. ...

Tags: Crude Oil, Tariff, natural monopoly

Ithaca Energy Announces Completion of Flow Test Operations on The Second Development Well

Jan 10, 2014

Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) ("Ithaca" or the "Company") announces completion of flow test operations on the second development well on the Stella field and provides an update on Greater Stella Area ("GSA") development ...

Tags: Ithaca, flow test operations, Greater Stella Area, Stella field, A2 well

Platt Fell to 29.7 Million Barrels Per Day (B/D) in November

Dec 19, 2013

Platts – Oil production from the Organization of the Petroleum Exporting Countries (OPEC) fell to 29.7 million barrels per day (b/d) in November, the lowest volume since mid-2011 when the uprising in Libya significantly reduced the ...

Tags: Platts, OPEC, oil production, Platts survey of OPEC

The Partners Have Unanimously Decided to Recommend Landing of Oil From The Johan Sverdrup

Dec 4, 2013

The partners have unanimously decided to recommend landing of oil from the Johan Sverdrup field at Mongstad. The partners recommend Mongstad after studies of both Sture and Mongstad as alternative terminals for receiving the oil. The ...

Tags: oil, mineral

Statoil to Accept The NOK 10 Million Fine for Sending Wash Water with Chemicals

Nov 25, 2013

Statoil has decided to accept the NOK 10 million fine imposed on the company for sending 180 cubic metres of wash water with chemicals and scale stored on board the Oseberg C platform with the oil flow to Sture by mistake in May 2011. ...

Tags: accept, Oseberg, C, fine

U.S. Oil Exec Called for The Government to Remove Its Current Ban on Crude Oil Exports

Nov 25, 2013

A chief executive officer of a U.S. energy giant on Tuesday called for the government to remove its current ban on crude oil exports so as to lower consumer prices and stimulate further shale oil production, the Houston Chronicle reported. ...

Tags: Crude Oil, Export Ban

EnQuest to Build a New North Sea Headquarters in Aberdeen

Nov 15, 2013

Work is now well underway to build a new North Sea headquarters in Aberdeen for leading UK independent oil producer EnQuest. Aberdeen’s Lord Provost yesterday (Tuesday, November 12) gave his seal of approval to what is set to become ...

Tags: HQ, EnQuest, Aberdeen

China Has Agreed to Invest USD 22 Billion in Different Projects in Iran

Nov 5, 2013

China has agreed to invest USD 22 billion in different projects in Iran to replace to the oil export revenue. According to the report, in the first nine months of this year, China imported 16.01 million tons -- of oil from Iran, equaling ...

Tags: Metallurgy, Mineral, Energy, Oil, crude oil

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