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Articles Tagged with ''oil industry''

Canadian refineries ramp up crude exports from US

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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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