Tag: crude oil

Canada to end tankers linked to Quebec explosion

Canada said Wednesday it was phasing out the type of rail tankers involved in last summer’s massive explosion of a runaway oil train that incinerated much of a town in Quebec, killing 47 people and prompting intense public pressure to make oil trains safer.  More »

North Dakota tribes’ oil output rivals US states

Oil production on the Fort Berthold Indian Reservation in North Dakota has become so large that it would rank among the top 10 oil producing states in the nation, a tribal leader said Tuesday.  More »

Oil slips to $102 as U.S. crude supplies seen rising

The price of oil slipped closer to $104 a barrel Monday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine.  More »

Safety of oil tank cars draws scrutiny

Rail industry representatives on Tuesday told federal investigators they need clear government guidance on how to boost the safety of tank cars carrying crude oil and ethanol across the United States, lest they be penalized for making voluntary improvements that fall short of later mandates.  More »

Four years later: BP busier than ever in the Gulf of Mexico

BP has rebuilt its armada of deep-water drilling rigs to nearly double its size before the 2010 Gulf oil spill.  More »

Oil stays above $104 amid Ukraine jitters

The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine.  More »

Divestment campaigns struggle against stock market, profits

The divestment campaigns have had limited success, but it’s a movement that administrators are noticing.  More »

Photos: Inside Colorado’s fracking boom

Look inside a walled-off fracking facility in Colorado, one of many sites that is making oil — and dollars — flow in the state. But the drilling has come much too fast — and too close — for several communities  More »

Pipeline firms with high fees borrow to pay investors

Most businesses focus on profits. The energy infrastructure companies known as master limited partnerships are all about cash.  More »

Oil flat near $104 despite huge stock build

More concerns about that Russia’s response to the upheaval in the Ukraine cushioned the price drop.  More »

Illegal dumping of radioactive waste surges with oil boom

Oil fields are spinning off thousands of tons of low-level radioactive trash as the U.S. drilling boom leads to a surge in illegal dumping and states debate how much landfills can safely take.  More »

Anadarko joins ad blitz to thwart Colorado fracking bans

Anadarko Petroleum Corp. and Noble Energy Inc., Colorado’s largest oil producers, are waging a media campaign to promote the benefits of hydraulic fracturing as residents push statewide measures to restrict the production technique as a threat to the environment.  More »
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