Energy Industry News
-
West Texas Intermediate crude traded near the highest price in more than four months before a government report that will probably show U.S. stockpiles declined as refinery processing increased.
-
China’s plan to set up markets to trade emissions will make it second only to Europe in efforts to put a price on pumping carbon into the atmosphere. For cities choking on the nation’s smog, expect little relief.
-
TransCanada Corp., which says Keystone XL will be the safest pipeline ever built, isn’t planning to use infrared sensors or fiber-optic cables to detect spills along the system’s 2,000-mile (3,200-kilometer) path to Texas refineries from fields in Alberta.
-
South Korean regulations aimed at diversifying the nation’s crude supply will reduce freight costs for cargoes shipped from non-Middle East countries, including those in the European Union.
Rate this Page