Crude oil

ExxonMobil boss, Saudi minister differ on oil investment outlook

ExxonMobil's CEO Rex Tillerson and Saudi Arabia's energy minister took opposing views on declining investment in the oil sector setting the stage for a possible major supply crunch.

Dakota Access construction equipment set ablaze in Iowa

Construction equipment for Dakota Access’ oil pipeline suffered about $2 MM in damage in an intentionally set fire over the weekend in Iowa.

Mangalore refinery receives first crude parcel from Iran for strategic reserve

Mangalore Refinery and Petrochemicals Ltd. received the first parcel of crude oil for delivery into the Mangalore cavern of Indian Strategic Petroleum Reserves Ltd.

Activists disrupt key Canada-US oil pipelines

Climate-change activists disrupted the flow of millions of barrels of crude from Canada to the US in rare, coordinated action that targeted several key pipelines simultaneously.

EIA - US crude oil imports rise during first-half 2016

During the first half of 2016, US gross crude oil imports increased by 528 Mbpd, or 7%, compared to the first half of 2015, reversing a multiyear trend of decreasing US crude oil imports as a result of increasing US production.

US federal agencies ask for another pipeline construction pause

The US Army and Departments of Interior and Justice asked the company building the Dakota Access pipeline to voluntarily halt construction within 20 miles of a contested section of the proposed route.

US Federal appeals court hears arguments over Dakota Access pipeline

Three federal appeals judges in Washington, DC, heard arguments over whether to stop work on a crude oil pipeline in parts of North Dakota where the Standing Rock Sioux and other tribes say the project will desecrate sacred land.

New China refinery faces delay as Myanmar seeks extra oil tax

A newly built Chinese refinery near its border with Myanmar is facing a delayed start-up after state firm PetroChina balked at paying an extra tax for piping crude oil through the Southeast Asian nation.

Asia refining margins tumble on crude price spike

Asian refining margins have tumbled to their lowest in nearly six weeks after touching a seven-month high in September, hit by a spike in crude prices following OPEC's decision to curb output.

Build a diesel fuel performance additive, the right way—Part 1

Pipenger, G. G., Amalgamated, Inc.

Many diesel fuel additive companies in North America supply different additive products formulated for diesel-powered equipment.