Latest Oil transport News


Exxon's growing reliance on expensive oil (CNN Money)

Exxon Mobil outlined plans Thursday that rely heavily on oil from tough to reach places, extracting it from the depths of the ocean, the frozen Arctic and the tar sands in Canada's frozen tundra.

Spill closes intersection (Odessa American)

MIDLAND The intersection at the south service road of Loop 250 and North Big Spring Street is closed Saturday after the overturn of a crude oil transport. The Midland Police Department, the Midland Fire Department and Haz-Mat are working to clean up...

The world's 10 biggest oil consumers (rediff.com)

With economies like China and India growing at a fast pace, the demand for oil is set to rise.

Dow CEO: Don't Waste Nat Gas As Transport Fuel (Forbes)

Andrew Liveris says Dow uses 1 million barrels of oil a day, encourages smart energy use to keep pri

FACTBOX-Neste Oil's growing palm oil use for biofuels (Reuters via Yahoo! Philippines News)

KUALA LUMPUR, March 12 (Reuters) - Neste Oil could buy 2.4 million to 2.5 million tonnes of vegetable oils for four biofuel plants, putting the Finnish refiner on par with consumer goods giant Unilever as a top vegetable oil buyer.

Air transport service saves lives (The Manteca Bulletin)

Mark Cacioppo, spokesman for PHI Air Medical, the largest emergency medical air transport service in the country, told Manteca Rotarians Thursday how they could reserve low cost helicopter use for their families.

Climate change rules could boost oil’s yield (The Oklahoman)

Among oil and gas producers, most of the discussions about potential climate change legislation focus on how it could hurt the industry.But a study released this week places Oklahoma among a dozen "big winner states” if such legislation comes to pass.The report by research and consulting firm Advanced Resources International predicts producers in those states could harness carbon dioxide ...

Oil/gas exploration investments climb to $455 million, says DoE (Manila Bulletin via Yahoo! Philippines News)

Total oil and gas investments in the country has gone up to $455 million, according to the Department of Energy with American giant ExxonMobil Corporation and co-interest holders pumping in $200 million investment for their Sulu prospect.

Most Asian Stocks Fall as Oil, Cargo Rates Drop; Telstra Gains (Bloomberg)

March 10 (Bloomberg) -- Most Asian stocks fell as shipping lines and oil companies dropped after crude declined for a second day in New York and a measure of cargo-transport rates retreated for the first time in almost two weeks.

Transport Canada grilled by MPs over Toyota recall (CBC.ca)

Members of Parliament grilled Transport Canada officials about what they knew of safety problems with Toyota vehicles - and when they knew it.


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