Jude Hislop

Crude oil storage, capacity increased in Cushing, US Gulf Coast

US Gulf Coast region contains 55% of nation’s crude oil storage capacity, Cushing contains another 13% Commercial crude oil storage inventories in Cushing, Oklahoma (located in Petroleum Administration for Defense District 2) and the U.S. Gulf Coast (PADD 3) totaled a record-high 309.4 million barrels as of the week ending November 27, according to the US […]

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Ban on West Coast oil tanker traffic not based on evidence

“The move to place a moratorium on oil tanker traffic likely ends the prospect of constructing the Northern Gateway pipeline…” Troy Media – During the recent election campaign, the new federal government committed to pursuing evidence-based public policy. In the mandate letters delivered to each minister at the end of last week, there’s a sentence

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Oil sands cost reductions illustrated by Syncrude 2016 budget

“Syncrude’s success in reducing its cost structure is exceeding market expectations.” – Kubik Canadian Oil Sands Limited (“COS”) today announced its budget for 2016, demonstrating Syncrude’s competitiveness and resilience in a lower oil price environment; operating and capital costs in 2016 will be down significantly from prior years while still enabling production growth. Syncrude Canada Ltd.

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Small-scale solar power generation grows ‘significantly’ in US – EIA

Almost 40% of distributed PV capacity in United States is located in California, with next 9 states accounting for another 44% Small-scale distributed solar photovoltaic (PV) systems, such as those found on residential and commercial rooftops, have grown significantly in the United States over the past several years. Starting this month, the U.S. Energy Information Administration

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Fuel cell car, bus sales expected to exceed 228,000 a year by 2024

Automakers pursuing fuel cell technology are partnering with fueling and hydrogen companies to develop infrastructure, report finds BOULDER, Colo. – Toyota’s introduction of the Mirai, its first production-level fuel cell car, has thrust fuel cell vehicles (FCVs) back into the spotlight. While the performance of FCVs makes them ready for commercial launch, the industry is still

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Kinder Morgan acquires control of Natural Gas Pipeline Company of America

Kinder Morgan says transaction values NGPL at a total of $3.4 billion HOUSTON, TX – Kinder Morgan, Inc. and Brookfield Infrastructure Partners L.P. today announced a definitive agreement whereby they will jointly acquire, from Myria Holdings, Inc., the 53 per cent equity interest in Natural Gas Pipeline Company of America LLC (NGPL) not already owned by

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China-owned Blue Whale Energy buys Permian Basin assets for $1.4 billion

Blue Whale Energy North America is a US subsidiary of energy investment company based in Beijing, China HOUSTON, TX – Blue Whale Energy North America has announced the closing of a transaction with Tall City Exploration LLC and Plymouth Petroleum LLC, both private companies, on behalf of Moss Creek Resources, LLC, for assets in the

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NAPE Summit 2016 adds global oil/gas prospect expo for first time

For first time, international prospects and exhibits will run alongside domestic prospects at NAPE Summit show FORT WORTH, Texas – The American Association of Professional Landmen says the NAPE Summit, the largest oil and gas prospect expo in the U.S., will integrate international and domestic prospects into a single business conference and tradeshow for the first time in

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