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Articles Tagged with ''oil industry''

Research shows more than 6,000 US oil spills in 2012

An average of 16 spills occurred across the United States on a daily basis, marking a 17 percent increase since 2010 in the 12 states for which data was compared.
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Questerre Energy announces results from resource evaluation

Canada's Questerre Energy Corp. has stated that results of the resource assessment of its acreage in the Montney Formation in the Kakwa-Resthaven area in Alberta revealed total reserves of about 130 million barrels of oil equivalent
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EIA releases annual Refinery Capacity Report

This year's report paints a picture of a market governed by refinery expansions, sales and closures, the U.S. Energy Information Administration (EIA) said.
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Enbridge plans huge pipeline expansion drive

Enbridge, Inc., Canada's largest crude oil transporter, is set to complete a project that would see a network of pipes spanning 5,000 miles
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EIA report revises global shale oil and gas reserves upwards

Global reserves of shale-based resources push up the world's total potential oil reserves by 11 percent and natural gas reserves by 47 percent.
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Canadian refineries ramp up crude exports from US

Canadian refineries are working to increase their use of crude oil from the United States, particularly from Texas and North Dakota.
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Statoil finds new oil reserves in North Sea

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

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

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

Norwegian energy giant Statoil announced Friday that it had found "significant" new oil resources in the North Sea.
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