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Last updated on April 17, 2014 at 21:23 EDT

Latest crude oil Stories

2014-04-13 23:00:28

Kurdistan region 'Iraq', — Iraq's largely autonomous Kurdistan region opened the doors to a joint venture refinery operation between Black Diamond Oil Co. and the Rezhwan Co. The new oil refinery will start refining Taq Taq crude oil next week with 1,500 tons being refined on a daily bases. Erbil Kurdistan (PRWEB) April 13, 2014 Kurdistan region 'Iraq', — Iraq's largely autonomous Kurdistan region opened the doors to a joint venture refinery operation between...

2014-04-08 23:21:48

Over the past five years, revenue for the Petroleum Refining industry has been volatile in line with fluctuations in crude oil; however, revenue is projected to fare better over the next five years as the economic recovery accelerates in the United States, the main trading partner for industry firms, though overall refining capacity is forecast to only marginally increase due to restrictive environmental laws, limiting overall industry growth. For these reasons, industry research firm...

Deepwater Horizon oil spill
2014-03-26 05:02:48

redOrbit Staff & Wire Reports - Your Universe Online Crude oil from the 2010 Deepwater Horizon disaster has been causing heart abnormalities in some large marine fish, according to research appearing Tuesday in the journal Proceedings of the National Academy of Science. In the study, researchers from the US National Oceanic and Atmospheric Administration (NOAA) and colleagues from American and Australian universities say the 200 million gallons of petroleum that spilled into the...

2014-03-20 08:23:03

CALGARY, March 20, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that we have filed on SEDAR our audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2013. Selected financial and operational information is outlined below and should be read in conjunction with Whitecap's audited financial statements and related MD&A and Annual Information Form ("AIF")...

2014-03-18 16:21:15

CALGARY, March 18, 2014 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", the "Company", "We" or "Our") (TSX, NYSE: VET) is pleased to announce that we have entered into an arrangement agreement (the "Arrangement") with a private southeast Saskatchewan producer ("Privateco") for total consideration of $400 million, comprised of cash and share consideration of $345 million (the "Purchase Price") plus the assumption of $55 million in debt. Under the terms of the Arrangement,...

2014-03-13 08:23:40

TORONTO, March 13, 2014 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today the release of its audited consolidated financial results for the full year and quarter ended December 31, 2013, together with its Management Discussion and Analysis ("MD&A"). These documents will be posted on the Company's website at www.pacificrubiales.com, SEDAR at www.sedar.com, the SIMEV website at www.superfinanciera.gov.co/web_valores/Simev, and the...

2014-03-13 04:20:30

TSX, NYSE MKT: BXE CALGARY, March 13, 2014 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the year ended December 31, 2013. Forward-Looking Statements This press release, including the report to shareholders, contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the beginning of the...

2014-03-10 12:22:50

PITTSBURGH, March 10, 2014 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) said today that it opposes export of U.S. crude oil because it would cost jobs at U.S. refineries, raise prices at the gas pump, decrease national security and increase environmental degradation. http://photos.prnewswire.com/prnvar/20080131/DC12982LOGO "Lifting the ban would benefit oil companies that engage in oil exploration and production, but it would harm their refining operations that have to...

2014-03-07 12:22:12

SAN ANTONIO, March 7, 2014 /PRNewswire/ -- Valero Energy Partners LP (NYSE: VLP, the Partnership), a growth-oriented, master limited partnership formed by Valero Energy Corporation, today reported fourth quarter 2013 net income of $12.1 million. For the period from the initial public offering (IPO) that closed on December 16, 2013, through December 31, 2013, net income was $2.0 million, or $0.03 per common unit. During this same period, the Partnership generated earnings before...

2014-03-06 08:24:04

CALGARY, March 6, 2014 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three month periods and years ending December 31, 2013 and 2012, and to provide its 2013 year-end reserves information as evaluated by Sproule Associates Limited ("Sproule"). The associated Management's Discussion and Analysis ("MD&A") dated March 5, 2014 and audited financial statements as at and for the year ended...