On March 24, 1989, Imperial Oil's Exxon Valdez struck a reef off the shore of Alaska and spilled over 10 million gallons of
crude oil into the sea.
The tanker Exxon Valdez, captained by the now infamous Joseph Hazelwood, ran aground on Prince William Sound's Bligh Reef, spilling more than 10.8 million US gallons (40.9 million liters) of
crude oil into the sensitive natural coastline.
It's been over 20 years since the Exxon Valdez ran into a reef and spilled nearly 11 million gallons of
crude oil into Prince William Sound, but according to new research published in Nature Geoscience about 20,000 gallons remain trapped in the gravel beaches of Alaska.
As a comparison, the Deepwater Horizon oil spill disaster released approximately 1 million tons of
crude oil into the Gulf of Mexico in 2010.
«The dispersant chemicals used to clean up oil spills have the unintended effect of transforming
crude oil into a toxic mist able to travel for miles and penetrate deep into human lungs, new research has found.»
Alaska Sen. Murkowski celebrates the opportunity to ensure that West Coast refineries, such as those in California, will be positioned to receive consistent deliveries of Alaskan Arctic
crude oil into the distant future.
The hidden, long - term effects of the 2010 pipeline accident that spilled more than a million gallons of heavy Canadian
crude oil into Michigan's Kalamazoo River became public last week when the EPA revealed that large amounts of oil are still accumulating in three areas of the river.
An international team of researchers has shown how anaerobic microbes in oil deposits around the world — including in unconventional sources such as the oil sands — naturally break down
crude oil into methane in the reservoir.
In 2010, a single pipeline spill poured 1,000,000 gallons of toxic bitumen
crude oil into the Kalamazoo River in Michigan.
Right now hydrogen is produced as a by - product of refining
crude oil into finished petroleum products.
Downstream activities include the refinement of
crude oil into other products, as well as marketing for crude and other oil products, energy transportation, as well as the manufacturing of industrial plastics, lubricants, and others.
During the refining process, companies change
crude oil into gasoline and other products.
Remembered as the worst spill in U.S. history, the incident involved a BP - operated rig exploding and sinking near the Mississippi River Delta before it unloaded millions of gallons of
crude oil into the water for over a month.
A company said on Monday it has shut the 42,000 barrel per day Poplar pipeline system after a weekend breach that sent as much as 1,200 barrels of
crude oil into the River near Glendive, Montana
The incident took 11 lives and spilled thousands of barrels of
crude oil into the Atlantic.
Until the late 1940s, the only way to convert
crude oil into gasoline was to heat it and introduce silica - alumina to catalyze the necessary chemical reactions.
By the time the Deepwater Horizon well was finally plugged on 15 July, it had spewed some 750 million liters of
crude oil into the Gulf and earned the title of the biggest accidental marine oil spill ever.
But they will not be bringing them to market yet, as it is cheaper to break down
crude oil into petrol and heating oil.
University researchers from two continents have engineered an efficient and environmentally friendly catalyst for the production of molecular hydrogen (H2), a compound used extensively in modern industry to manufacture fertilizer and refine
crude oil into gasoline.
Chevron's refining business, which processes
crude oil into fuels like gasoline, saw profits surge 70 percent from last year to $ 1.8 billion.
The cuts should have a meaningful impact on the flow of
crude oil into the global market.
The Downstream segment comprises refining of
crude oil into petroleum products; marketing of crude oil and refined products; transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives.
Fourth - quarter profits in Exxon's downstream sector, which is focused on refining
crude oil into fuels like gasoline, also rose $ 323 million from a year earlier.
Not exact matches
Its
crude oil production in the Atlantic region fell by about 14 per cent due to the 10 - day suspension of its SeaRose floating production, storage and offloading vessel in January after an investigation
into its response to a close call with an iceberg.
Fire crews have extinguished a fire that raged in Oregon after a Union Pacific Corp train carrying
crude oil derailed on Friday and burst
into flames near the Columbia River in the town of Mosier., the Federal Rail Administration said.
As
crude prices began to plunge last year, many energy experts predicted a repeat of 1986 when U.S.
oil companies lost their funding and the industry collapsed
into a yearslong bust.
On April 29, more than 28,000 barrels of
crude oil sprang from the Rainbow pipeline in Alberta and gushed
into the boreal forest and nearby marsh.
Sinclair attributes the higher prices to a combination of factors including «the effects of the production cutbacks by OPEC and non-OPEC foreign producers finally kicked in, not to mention speculative money going
into crude oil futures.»
America might be on its way to become a net
oil exporter, but there's no reason why this should get in the way of building pipelines that connect different types of
oil plays to the refiners best equipped to turn their
crude into the petroleum products that feed North America's economy and the world's.
The banks says the long - oversupplied
oil market is tightening up more quickly than expected as global economic growth fuels demand and output cuts by OPEC, Russia and several other producers eat
into the world's
crude stockpiles.
«Those high margins translate
into less resistance for
crude oil prices that are a few dollars higher,» he said.
The move comes after months - long protests by environmentalists and Native American groups in North Dakota against Energy Transfer Partners LP's $ 3.8 billion Dakota Access pipeline, which would bring
crude oil from the state's Bakken
oil patch through the Midwest and
into the U.S. Gulf Coast.
The workers oversaw operations and procurement at Petropiar, an
oil upgrading project co-owned by PDVSA and Chevron to transform Orinoco Belt's extra heavy
crude into an exportable product.
The roll yield is the profit traders can earn when they roll their investment in
crude oil futures, which expire every month,
into contracts that expire at a later date.
Crude - by - rail shipments are expected to ramp up in the second half of this year and
into the first half of next year to «very material volumes of
oil,» Pourbaix said, adding price discounts will improve but will likely remain higher than usual because rail costs more than pipeline transport.
Pedro Pereira - Almao, a heavy -
oil researcher who left Hugo Chavez's Venezuela, has developed a catalyst that can «crack» complex bitumen molecules
into simpler synthetic
crude.
The refineries that buy
crude oil and process it
into products like gasoline and diesel have long been clustered around the edges, near the coasts.
WINNIPEG, Manitoba / VANCOUVER, April 23 (Reuters)- At an Alberta
oil loading terminal, a convoy of big rigs are gearing up to haul Canadian
crude oil hundreds of miles through bone dry fields across the U.S. border
into Montana, where the
oil will be transferred to pipelines and rail cars headed south and west.
The report also counters warnings from environmentalists that the pipeline's construction would spur a huge increase in production from western Canada's tar sands, believed to be one of the biggest reserves of
crude oil outside Saudi Arabia — unleashing torrents of greenhouse gases
into the atmosphere.
Suncor Energy Inc. and Imperial
Oil Ltd. are accusing Enbridge Inc. of overbuilding pipeline capacity
into the U.S. at a time when it's not needed, and are looking to escape the increase in tolls that will come once Alberta Clipper, a major new
crude pipeline, enters service later this year.
State owned Chinese energy companies are not pouring billions of dollars
into developing Alberta's
oil sands so more synthetic
crude or bitumen can be sent to refineries in Cushing Oklahoma.
The major producers of
crude oil had an abundance of dollars, which was recycled back
into the system to purchase dollar - denominated assets.
Certain pundits were unimpressed that GE was delving further
into the drilling arena, given what has happened to
crude oil prices over the last few months.
SAGD involves removing bitumen (a thick form of
crude oil) from the ground by injecting steam
into an
oil sands reservoir and pumping the
oil and water mixture to the surface.
Oil prices are falling because crude oil inventories were in good shape heading into the hurricane and because crude oil production will be less affected by the sto
Oil prices are falling because
crude oil inventories were in good shape heading into the hurricane and because crude oil production will be less affected by the sto
oil inventories were in good shape heading
into the hurricane and because
crude oil production will be less affected by the sto
oil production will be less affected by the storm.
A more severe action reportedly under consideration would be a ban on Venezuelan
crude oil imports
into the U.S., which would likely have far - reaching implications for Venezuela, the U.S., and the
oil market.
Crude oil has regained a path of least resistance north as inventories come back
into the picture with expectations trickling out today and API at 3:30 p.m. Central.
Crude oil ran
into tech trouble as the U.S. tech sector is under fire leading to a sell - off in stocks against a backdrop of rising
oil inventory.
A special feature in this year's Index of U.S. Energy Security Risk is a look at trends in security of world
oil production that take
into account the reliability and diversity of
crude oil supplies over time.
Aramco Coin could be one of these attempts to successfully introduce the crypto community
into the
crude oil market.