The world political leaders and environmentalists will gather shortly at the UN summit in Paris, in a global effort to combat climate change. Most people consider it the biggest threat facing humanity, even with the continually increasing Islamist terrorist attacks against the West. 695 more words
Tags » Oil Industry
SASKATOON – A new collaboration including Saskatoon-based Canadian Light Source (CLS) will research methods to improve extraction from heavy oil reservoirs. For the first time, a particle accelerator called a synchrotron will image a heavy oil system. 167 more words
Oil storage space at a premium : Off the coast of Texas, a line of roughly 40 tankers has formed, waiting to unload their crude.
Summary: The Justice Department is planning to investigate 4 major airlines for price collusion. Investigators will question whether the airlines restricted supply to maintain higher ticket prices. 7 more words
WASHINGTON (MEDIA GENERAL) – Just minutes after the Obama administration publicly rejected plans to allow an expansion of the Keystone pipeline through several Midwest states, the decision was met with both criticism and praise by 2016 presidential hopefuls. 346 more words
The Nigerian National Petroleum Corporation (NNPC) has canceled a controversial oil bartering program which used middlemen to pay for refined products from foreign partners in opaque deals. 410 more words