The Vancouver Sun reports that British Columbia and Alberta have agreed to a framework Tuesday that they say opens the possibility of heavy oil pipelines being built to the B.C. coast.
Articles Tagged "pipeline"
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) provides an operational update on the Company's activities in the Eagle Ford Shale and Niobrara Formation.
Reuters reports that a group of U.S. Senators raised questions about a proposed $7 billion pipeline to bring oil from Canadian oil sands. The market news is quoted as saying: The lawmakers, 10 Democrats and one independent, said the State Department needs to answer several key questions before deciding whether to approve TransCanada’s (TRP.TO) application [...]
Eni Spa, Italy’s leading oil company, closed an oil pipeline supplying the Brass export terminal in Nigeria after it came under armed attack last night. For full story, click here
Iraq’s Oil Minister Hussein al-Shahrastani declared that Kurd’s oil deals with foreign oil firms still considered illegal despite approving Kurdish plans to export crude oil through national pipelines. For full story, click here
Western South Dakota residents get their chance Monday and Tuesday to speak out on a planned crude oil pipeline that could one day carry 900,000 barrels of oil a day through the state. For full story, click here
IndianOil announced inauguration of Paradip-Haldia crude oil pipeline system at Paradip. For full story, click here
South Dakota utilities regulators have started the formal process of considering TransCanada Keystone Pipeline’s application to build a second crude oil pipeline through the state. For full story, click here
Marathon Oil Corp announced that crude pipeline supplying its Garyville, Louisiana, refinery remained shut one day after a deadly explosion nearby. For full story, click here
The expiration of October trading certainly played a disproportionate role in the record one-day gain, as it exercised a huge pressure on short positions. The meteoric rise also illuminates how much the vacillation is due to speculative activity.