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Articles Tagged with ''oil industry''

Statoil finds new oil reserves in North Sea

June 3, 2013
Shortly after it announced what is considered to be the biggest oil discovery in the North Sea for decades, Statoil said it had made a new discovery in the area, this time in the Grane field.
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Enbridge applies for capacity extension of Alberta Clipper pipeline

May 14, 2013
Calgary-based pipeline transport company Enbridge is seeking U.S. approval to increase the capacity of a pipeline carrying crude from Alberta to Wisconsin.
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BP to invest $596 million in South Africa, Mozambique

April 29, 2013
BP Southern Africa will spend 4.7 billion rand in South Africa, including 2.5 billion rand to upgrade the Sapref refinery in Durban, and 800 million rand to refurbish infrastructure in Mozambique.
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Statoil discovers new North Sea oil reserves

April 24, 2013
Norwegian energy giant Statoil announced Friday that it had found "significant" new oil resources in the North Sea.
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Welding issues major cause of pipeline failures

April 22, 2013
The question of efficiency and safety of pipes produced decades ago and in use almost as many years has recently caused much debate, following a number of pipeline ruptures that have caused problems across the U.S.
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North Dakota refinery construction gets underway

April 16, 2013
Industries in North Dakota are excited at the prospect of having the first U.S. refinery built since 1976.
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ExxonMobil faces $1.7 million fine for Yellowstone River oil spill

March 27, 2013
The U.S. Department of Transportation is proposing a $1.7 million fine for ExxonMobil as a result of the July 2011 crude oil pipeline failure in the Yellowstone River.
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Chevron expects 25% output growth by 2017

March 20, 2013
At its annual meeting with analysts, held in New York City, the company announced that as much as 98 percent of its targeted production by 2017 was already in design, construction or production.
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Federal ethanol mandate could disrupt fuel supply, refineries warn

March 18, 2013
According to the American Petroleum Institute trade group, government requirements for refineries to use corn ethanol or other biofuels might cause a serious problem with fuel supply this year.
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New directive proposed for EU oil and gas companies

February 26, 2013
The European Commission (EC) has proposed new regulations that could require oil and gas companies operating on European Union territory to submit emergency response plans and show evidence that they are able to fund the fixing of potential environmental damage caused during operation.
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