Reuters reported in July that Exxon was considering a third crude distillation unit at the Beaumont refinery, potentially doubling its current 344,600-barrel per day capacity with a multi-billion dollar project. More »
The accident about 30 miles west of Fargo happened when a train carrying soybeans derailed in front of a BNSF oil train, causing that train to also derail and set off a fire that could be seen from nearly 10 miles away. More »
Oklahoma oil producer Samson Resources says it doesn’t expect to be able to repay its debt with income from battered oil fields and it may have to file for chapter 11 bankruptcy protection or face liquidation. More »
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