Carrizo Oil & Gas Announces Initial Production Rates
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) provides an operational update on the Company's activities in the Eagle Ford Shale and Niobrara Formation.
Articles Tagged "pipeline"
US Senators raise concerns on oil sands pipeline
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 has closed down Nigerian Crude Oil Pipeline
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 declared Kurd’s Oil deals still illegal
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 hearings start on crude oil pipeline
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
Indian Oil inaugurates Paradip-Haldia crude oil pipeline
IndianOil announced inauguration of Paradip-Haldia crude oil pipeline system at Paradip. For full story, click here
SD regulators start work on oil pipeline permit
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 reported its Louisiana crude pipeline still shut
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
Benchmark: Hedge grows
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.
Benchmark: August 29
Oil prices are being pushed upwards by the impending arrival of tropical storm Gustav in the Gulf of Mexico. Gustav is projected to become “the largest hurricane in the Gulf of Mexico since Katrina”. Workers are already being evacuated from oil and gas rigs in the area, which has pushed up NYMEX oil futures past $117.
