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Items Tagged with 'oil industry'

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Oil industry in rush to replace old tank cars

July 18, 2014
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

June 24, 2014
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

June 18, 2014
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

June 2, 2014
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

April 23, 2014
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

April 22, 2014
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

April 16, 2014
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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EPA ends new contract ban on BP operations

March 17, 2014
Oil giant BP and the U.S. Environmental Protection Agency (EPA) have signed an agreement regarding legal procedures following the Deepwater Horizon oil spill in the Gulf of Mexico in 2010.
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Shell closes Nigerian crude oil pipeline

March 4, 2014
Royal Dutch Shell announced that its Nembe Creek Trunk oil pipeline in Nigeria was closed on Feb. 23 because of a leak caused by theft.
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TransCanada launches operations at Keystone's southern leg

December 11, 2013
The pipeline section is expected to be operating at full capacity by the end of the year and will move about 3 million barrels of oil.
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