Latest Oil transport News


Oil industry sees no threat from electric car

LONDON (Reuters) - The biggest oil companies in the world have calculated that few, if any, of today's drivers will see electric cars outnumber gasoline and diesel models in their lifetimes. While politicians and green lobby groups insist the future of transport is electric, in the past two months BP and Exxon have released data which points to electric cars making up only 4-5 percent of all ...

Transport operators push LPG-powered 'eco-jeeps'

MANILA, Philippines – Amid the continuous rise in oil prices and calls for a price rollback from various transport groups, jeepney operators are instead asking for more government support for the eco-jeep, which runs on liquefied petroleum gas or LPG.

China extends Iran oil import cuts, supply talks to resume

By Chen Aizhu BEIJING (Reuters) - China will halve its crude oil imports from Iran in March compared to average monthly purchases a year ago, as a dispute over payments and prices stretches into a third ...

Insight: Oil industry sees no threat from electric car

LONDON (Reuters) - The biggest oil companies in the world have calculated that few, if any, of today's drivers will see electric cars outnumber gasoline and diesel models in their lifetimes. While politicians and green lobby groups insist the future of transport is electric, in the past two months BP and Exxon have released data which points to electric cars making up only 4-5 percent of all ...

Pioneer Southwest Energy Partners L.P. Reports Fourth Quarter 2011 Financial and Operating Results

Pioneer Southwest Energy Partners L.P. today announced financial and operating results for the quarter ended December 31, 2011

Transport BIM predicts likely budget blowout - Greens

The Briefing to the Incoming Minister of Transport shows that the existing transport funding shortfall is likely to grow massively if oil prices are high, the Green Party said today.

Iran to ‘Definitely’ Close Strait of Hormuz over EU Sanctions

Iran will "definitely" close the Strait of Hormuz, the vital oil-transport waterway between the Persian Gulf and the Gulf of Oman, if the embargos put into place by the European Union disrupt the export of crude oil.

YPF, Petrobras Lose Argentine Oil Incentives Amid Crackdown

Repsol YPF SA, BP Plc and Petroleo Brasileiro SA will lose financial incentives intended to boost investment in Argentine crude exploration and production amid rising government pressure on oil companies. YPF slumped.

DeepFlex Awarded Deepwater Downline Contract from Saipem for the Husky Oil China Ltd. Liwan Project

HOUSTON, Feb. 6, 2012 /PRNewswire/ -- DeepFlex has been awarded a contract from Saipem Portugal, a subsidiary of Saipem S.p.A., for the supply of a deepwater downline to be used for pre-commissioning of ...

Research and Markets: Kuwait Freight Transport Report Q1 2012 - Crude oil export facilities will continue to be busy

Research and Markets has announced the addition of the "Kuwait Freight Transport Report Q1 2012" report to th


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