Category: Crude oil

Dolphin deaths still high after Gulf oil spill, environmentalists say

Dolphin deaths and sea turtle strandings in the waters affected by the 2010 Gulf of Mexico oil spill continue to occur at elevated rates nearly three years after the disaster, the National Wildlife Federation said in a new report Tuesday.  More »

FDR grandson digs deep for Texas oil with CO2

Elliott Roosevelt Jr., a grandson of U.S. President Franklin Delano Roosevelt, grins and leans toward visitors in his Dallas office to describe his biggest discovery in 53 years as an oilman.  More »

Crude stockpiles surge to 22-year high

U.S. crude oil inventories climbed to the highest level in more than 22 years last week as production surged and refineries wrapped up annual maintenance programs, a Bloomberg survey showed.  More »

Crews cleaning hydraulic fluid spill in Michigan river

Cleanup crews were working Tuesday to contain about 300 to 500 gallons of hydraulic fluid that spilled from a Lansing power plant and left a sheen on the Grand River.  More »

Mishaps shouldn’t impede energy expansion, industry economist says

The recent oil pipeline rupture in Arkansas and other mishaps shouldn’t stand in the way of the Keystone XL pipeline, the American Petroleum Institute’s chief economist said Tuesday.  More »

Exxon developing excavation plan for Pegasus oil pipeline spill

Exxon Mobil Corp. (XOM) is developing an excavation and removal plan for a damaged section of its 96,000 barrel-a-day Pegasus crude pipeline, which was shut after a leak was discovered in Arkansas on March 29.  More »

Arkansas spill stokes new fears about Keystone XL (video)

Videos and pictures of diluted bitumen spilled from an Exxon Mobil pipeline in Mayflower, Ark., are stoking new fears about Keystone XL, as the Obama administration nears a decision on authorizing the $7 billion project.  More »

Gulf spill claims administrator says BP complaint lacks merit

The claims administrator overseeing the multi-billion dollar settlement reached last year between BP and victims of the 2010 Gulf of Mexico oil spill says BP’s complaint that he is violating the terms of the deal should be thrown out because he has immunity from being sued and he is simply following court directives.  More »

Texas firm to build four rigs for Mexican oil giant

Texas drilling rig manufacturer Integrated Drilling Equipment Company Holdings has inked a deal to build four modular offshore platform rigs for a unit of Mexican national oil company Pemex for more than $350 million.  More »

Ex-BP engineer can skip Gulf spill arraignment

A former BP engineer from Katy, Texas has filed a notice of his intent to plead not guilty to new accusations contained in a superseding indictment related to the Gulf of Mexico oil spill, and a judge has granted him permission not to show up at his scheduled arraignment this week.  More »

Exxon to excavate Pegasus crude pipeline to find cause of leak

About 12,000 barrels of oil and water have been collected so far near Mayflower, Arkansas, after “a few thousand barrels were observed in the area,” the Mayflower Incident Unified Command Joint Information Center, which includes Exxon, Faulkner County and the city of Mayflower, said in a statement Sunday.  More »

New refineries planned for Bakken Shale

Some companies are building small refineries in North Dakota, trying to take advantage of the low cost of Bakken crude and a growing demand for fuel in the local area.  More »