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1-10 results from 70 for query «crudes»

August 30, 2018 5:51 PM Newfoundland is finding new (non-U.S.) customers for its oil

As the province moves forward with plans to double production by 2030, Newfoundland oil has made its way as far north as Norway and as far east as China. Croatia is set to become the newest customer. The ship Minerva Clara is en route to Omisalj on Croatia’s southern coast after loading at Newfoundland’s Whiffen Head crude terminal on Aug. 18, according 92

August 24, 2015 6:30 PM Wall Street, TSX resume slide as global stock rout leaves sea of red

The Standard & Poor’s 500 Index resumed its decline in afternoon trading as the rout in all but the riskiest of global assets worsened. After Canadian stocks plunged to the lowest level since 2013, the S&P 500 plunged more than 5 per cent and the Dow Jones Industrial Average erased 1,000 points in the opening five minutes of trading, stocks clawed back some of their 42

August 20, 2015 8:29 PM Canada’s Largest Refinery Shifts from Bakken Shale Oil to Brent Crudes

Cuts imports from U.S. in favor of cheaper crudes from producers such as Saudi Arabia The operator of Canada’s largest crude oil refinery, Irving Oil Ltd., said it has stopped importing Bakken Shale oil from the U.S. in favor of cheaper crudes from producers such as Saudi Arabia. The privately held company’s 320,000-barrel-a-day east-coast refinery in St. John, New Brunswick 51

August 14, 2015 12:18 PM Oil storage tanks filled to levels not seen in 80 years

U.S. oil inventories at levels not seen in at least 80 years North American oil prices could take a hit this fall as there are renewed concerns about a lack of storage capacity. A recent report by the U.S. Energy Information Agency suggests crude oil inventories "remain near levels not seen for this time of year in at least the last 80 years." The concern 46

August 14, 2015 9:00 AM Oilpatch worries about lack of storage facilities

U.S. oil inventories at levels not seen in at least 80 years North American oil prices could take a hit this fall as there are renewed concerns about a lack of storage capacity. A recent report by the U.S. Energy Information Agency suggests crude oil inventories "remain near levels not seen for this time of year in at least the last 80 years." The concern 54

April 14, 2015 9:24 PM Crude oil emissions variability catches researchers off guard

A wells-to-wheels study of the greenhouse gas emissions produced by 30 different types of crude oil from around the world shows that the worst produced 80 per cent more polluting gases than the best. The spread caught even University of Calgary researcher Joule Bergerson by surprise. “That magnitude of difference between the crudes, I think, is important 42

April 14, 2015 7:09 PM Not all oil created equal when it com...

CALGARY – Some types of crude oil have a drastically bigger carbon footprint than others, according to a report that ranks some oilsands varieties among the highest emitters. In “Know Your Oil: Creating a Global Oil-Climate Index,” researchers from the University of Calgary, Stanford University and the Carnegie Endowment for International Peace compared 40

April 14, 2015 5:00 PM Not all crudes created equal: Calgary researcher

CALGARY - Some types of crude oil are much worse than others when it comes to their role in climate change. That was the conclusion of a report that compares the greenhouse gas emissions of 30 varieties of crude worldwide -- from the oilfield to the refinery to the tailpipe. The University of Calgary's Joule Bergerson contributed to the report along 39

April 13, 2015 10:10 AM Oil rises, supported by U.S. drilling slowdown Add to ...

Brent rose towards $59 a barrel on Monday in a volatile market, continuing gains after a strong end to last week as financial traders increased bets on higher prices amid a slowdown in U.S. drilling. Front-month Brent crude futures were up 82 cents at $58.69 a barrel by 0934 GMT, having earlier touched $59.54. U.S. crude had risen 78 cents to $52.42 a barrel 37

March 31, 2015 6:52 PM Oil storage crisis may be averted by U.S. car drivers

A month ago, it seemed inevitable: a massive global oversupply of crude oil production would overwhelm storage tanks in Oklahoma and fill supertankers off Singapore. Now, there are growing signs that the U.S. oil market can avoid the doomsday scenario in which it runs out of room to stockpile surplus crude, a development that oil traders worried would 42