News

Jul 25, 2013 Sudan has agreed to delay closing an economically vital pipeline carrying South Sudanese oil, the Ethiopian foreign ministry said on Friday.

Jul 22, 2013 Suncor Energy Inc. and other Canadian oil stocks have risen twice as much as global competitors after the country

Jul 20, 2013 A pipeline explosion that injured seven people and sent flames and smoke shooting hundreds of feet into the air in central Mexico was caused by illegal tapping, Mexico’s state-owned oil company said. The pre-dawn explosion in a farm field injured four police officers and three firefighters among those called to the scene by a report of an oil leak, the state prosecutor’s office said. Petroleos Mexicanos, or Pemex, issued a statement on its Twitter ...

Jul 11, 2013 A Quebec train disaster that killed at least five people and left about 40 missing promises to touch off debate over the safety of shipping crude oil by rail or pipelines such as TransCanada Corp. (TRP)

Jul 01, 2013 Companies operating major crude oil pipelines in Canada will be required to have $1-billion available to fund clean ups from any spills, the Canadian government said on Wednesday. Joe Oliver, Canada