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Canada closer to breaking oil landlock![]() ![]() Calgary, Alberta Feb 13, 2017 A review board in Canada said it started a detailed approval process for the route of the expanded Trans Mountain pipeline to the western shore. The National Energy Board said it approved a proposed draft for the detailed route of the Trans Mountain pipeline. The regulator said pipeline company Kinder Morgan must now submit actual plans for each segment of the detailed route and notify any landowners whose property would be crossed. "Trans Mountain must also publish notices in local news ... read more |
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![]() The number of new drilling permits issued in Texas last month was more than 80 percent higher than the previous year, state data show. ... more ![]() ![]() The recovery in crude oil prices means more oil likely from U.S. shale deposits, though immediate gains are coming from offshore, OPEC said. ... more ![]() ![]() Gains in production from some OPEC members, expected U.S. gains and European economic concerns pushed oil prices lower early Monday. ... more ![]() ![]() A new company will manage most of the assets outside of Norway in order to focus more on those core offshore holdings, Lundin Petroleum announced. ... more |
Previous Issues | Feb 13 | Feb 10 | Feb 09 | Feb 08 | Feb 07 |
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![]() A metric used to gauge oil demand in China, the world's second-largest economy, show steady gains but at a slower pace than before, S&P Global Platts said. ... more ![]() ![]() Future investments geared toward growth include signing agreements to work with Iran on its giant South Pars gas field, French supermajor Total said. ... more ![]() ![]() US authorities said Tuesday they will approve a permit to complete the controversial Dakota Access pipeline to reduce transportation costs and give US producers a boost as they compete against oil from Canada. ... more ![]() ![]() Understanding how oil and gas molecules, water and rocks interact at the nanoscale will help make extraction of hydrocarbons through hydraulic fracturing more efficient, according to Rice University ... more ![]() ![]() Despite a slow down in the number of new natural gas wells in the Marcellus Shale region of Northeast Pennsylvania, new research led by Drexel University finds that atmospheric methane levels in the ... more ![]() ![]() Construction has begun on the final segment of the controversial Dakota Access oil pipeline in the northern United States, prompting a court challenge from a Native American tribe which says its religious rights are under threat. ... more |
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![]() ![]() Oil sharply higher on OPEC compliance ![]() ![]() Even though OPEC members are largely complying with a production deal, the net market condition still favors the supply side slightly, the IEA said Friday. ... more ![]() ![]() U.S. crude oil exported to Mexico is one of the more lucrative commodities for North American energy trade, the U.S. Energy Department reported. ... more ![]() ![]() Rio Tinto, one of the world's largest metals and mining companies, said it was bringing in top former oil executives to join its front office staff. ... more ![]() ![]() One worker for Phillips 66 is unaccounted for and two others were injured after an explosion on a gas pipeline near New Orleans, the company said. ... more |
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