Energy, Oil Pipeline | featured news

Trains carrying more oil across US amid boom

Energy companies behind the oil boom on the Northern Plains are increasingly turning to an industrial-age workhorse - the locomotive - to move their crude to refineries across the U.S., as plans for new pipelines stall and existing lines can't keep up with demand.

 

Texas judge halts TransCanada oil pipeline

"They lied to the American people," Bishop said. Texas County Court at Law Judge Jack Sinz signed a temporary restraining order and injunction Friday, saying there was sufficient cause to halt work until a hearing Dec. 19. The two-week injunction went into effect Tuesday after Bishop posted bond. David Dodson, a spokesman for TransCanada, said courts have already ruled that tar sands are a form of crude oil. He said the injunction will not delay the project.

 

UAE opens new oil pipeline route

The United Arab Emirates opens and begins operating a key overland pipeline which bypasses the Strait of Hormuz, controlled by Iran. Iran has repeatedly threatened to close the strait at the mouth of the Gulf, a vital oil-trade route.

 

Russia checks $4bn pipeline theft

Russia is checking papers that suggest some $4bn (£2.5bn) of state funds was stolen during the building of a big oil pipeline.

 

Subscribe to this RSS topic: Syndicate content