crude oil News

UN Official: Catastrophe Looming From Oil Tanker Off Yemen

CAIRO — The U.N. environment chief said Wednesday that “time is running out” to avert an environmental, economic and humanitarian catastrophe from a deteriorating oil tanker loaded with 1.1 million barrels of crude oil that is moored off the coast …

U.S. Pipeline Regulator Strikes Down Washington State’s Crude-by-Rail Safety Limits

WASHINGTON — The U.S. pipeline regulator late on Monday blocked an effort by Washington state to tighten vapor pressure restrictions on the transport of crude oil by rail, saying the measures would not lower the risk of explosions. The decision …

Canada To Impose Speed Limits On Trains Carrying Dangerous Goods After Crash

OTTAWA/WINNIPEG, Manitoba — Canada said on Thursday it would impose temporary speed limits on trains hauling dangerous goods after a Canadian Pacific Railway Ltd crude oil train derailed and caught fire. The accident, which happened in the early hours of …

Cause of Philadelphia Fire Sounds Alarm Over Aging U.S. Refineries

PHILADELPHIA — How did a piece of piping installed when Richard Nixon was U.S. president go without once being checked before leading to a fire that devastated the East Coast’s largest and oldest oil refinery? That’s a question safety experts …

Keystone Pipeline Shut After Spilling 9,000 Barrels of Oil in N. Dakota

An estimated 9,120 barrels of oil have spilled from TC Energy Corp’s Keystone crude pipeline in North Dakota, state authorities said on Thursday, a major leak at a time of increased regulatory scrutiny of oil pipeline expansions. The initial estimate …

Houston Channel Importance Swelled as Oil, Gas Exports Rose

About the photo: A ship is docked on the Houston Ship Channel, part of the Port of Houston. Photographer: Loren Elliott/AFP/Getty Images On a normal day, 42 tankers, 19 freighters, 391 barges, 128 ferries and 2 cruise ships will move …

Railroad Blamed for Fiery Oil Train Derailment On Oregon Washington Border

Federal investigators on Thursday blamed Union Pacific Railroad for a fiery oil train derailment along the Oregon-Washington border, saying the company failed to properly maintain its track. Preliminary findings on the June 3 derailment in the Columbia River Gorge raise …

Rise in West Coast Oil Trains Spark Fears

Residents along the Columbia River want regulators to reject plans for what would be the Pacific Northwest’s largest crude oil train terminal – the proposed destination for at least four oil trains a day, each more than a mile long. …

Thai Oil Spill Spreads to New Bay on Resort Island

Workers in white suits used buckets to scoop up globs of crude oil blackening the once white sands and emerald waters of a tourist island in Thailand’s eastern sea on Tuesday, as the oil slick continued to spread three days …