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Articles Tagged with ''oil industry''

Cost of Keystone XL pipeline may double after years of delays

It's now six years since Canadian pipeline operator TransCanada Corp. submitted its initial application to build Keystone XL, a major new crude oil pipeline running from Alberta to Nebraska.
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Exxon Mobil's pipeline arm agrees to $1.4 million penalty for crude oil spill

The pipeline company of Exxon Mobil Corp. has agreed to pay a $1.4 million civil penalty for an alleged crude oil spill in Louisiana.
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US Department of Transportation proposes new rule for crude shipments by rail

Tank cars used by oil and gas companies to transport crude oil and ethanol across the United States will have to comply with stringent new standards under new draft rules presented by the U.S. Department of Transportation last week.
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Oil industry in rush to replace old tank cars

The U.S. Transportation Department has drafted rules that provision a six-year period for oil companies and railroad operators to replace old tank cars that are prone to rupture with new, safer ones, but it seems that operators have no plans to wait that long.
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Pennsylvania sues oil companies over use of gasoline additive

The state of Pennsylvania has started lawsuits against dozens of oil companies and refiners, accusing them of contaminating groundwater with the gasoline additive Methyl Tertiary Butyl Ether (MTBE).
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North Dakota's Bakken crude oil safe to move by rail, study finds

A new study to be released later this month will voice what many people from the industry have been saying -- that Bakken crude oil is safe for rail transport.
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New rules imposed on Keystone XL after detection of pipeline defects

Two new conditions have been added by safety regulators to the 57 already agreed regarding the construction of TransCanada Corp.'s Keystone XL oil pipeline.
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TransCanada frustrated with another Keystone decision delay

The U.S. Department of State announced on April 18 that there would be another process delay, due to the fact that eight more federal agencies had been asked to weigh in on the matter.
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DOT accuses oil companies of holding back rail safety data

The U.S. Department of Transportation (DOT) claims that oil companies are not providing all the information regulators need to effectively assess the safety of crude oil transportation by rail.
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Report reveals projected impact of crude oil exports on US economy

The report found that if crude oil exports were allowed the cost of gasoline and diesel fuel would drop, enabling Americans to save an average of $5.8 billion per year.
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