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Last updated on April 21, 2014 at 8:43 EDT

Latest crude oil Stories

2014-02-05 20:21:41

CALGARY, Feb. 5, 2014 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its fourth quarter 2013 operating and financial results. Fourth quarter production averaged 100,883 boe per day and funds from operations were $237.8 million ($0.76 per share). ARC's Audited Consolidated Financial Statements and Notes, as well as ARC's Management's Discussion and Analysis ("MD&A") for years ended December 31, 2013 and 2012, are available on ARC's website at...

2014-01-07 12:20:09

DALLAS, Jan. 7, 2014 /PRNewswire/ -- Murex LLC (Murex) and Cetane Energy LLC (Cetane) have completed a unit train expansion project of the existing Cetane crude oil transloading facility in Carlsbad, New Mexico. The completion of the capital improvement project now allows the Cetane facility to load unit trains of up to 120 rail cars of crude oil. Over the past year, Murex and Cetane have added 40,000 barrels of crude oil storage capacity, 12 tanker truck offload stations capable of...

2014-01-07 08:22:40

TSX, NYSE MKT: BXE CALGARY, Jan. 7, 2014 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce it exited 2013 with record production and provides an update of its recent commodity price risk management activities. 2013 has been an extraordinary year earmarked by record production growth, announcing three separate joint ventures designed to accelerate our program on a promoted basis, an equity financing, redemption...

Algae To BioCrude In Less Than An Hour
2013-12-18 12:00:33

[ Watch The Video: Algae To Bio-Crude In Less Than 60 Minutes ] Brett Smith for redOrbit.com - Your Universe Online Biofuels scientists have been using algae to generate crude oil for years, but a novel process developed by the Pacific Northwest National Laboratory (PNNL) has the potential to reduce the costs associated with the process, which have been prohibitive thus far. "Cost is the big roadblock for algae-based fuel," said Douglas Elliott, the laboratory fellow who led the...

2013-12-12 04:20:24

TSX, NYSE MKT: BXE CALGARY, Dec. 12, 2013 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to confirm its 2014 guidance and announce that it has completed its mid-year review of its 2013 credit facilities and provides an update of its recent commodity price risk management activities. 2013 has been an extraordinary year earmarked by significant production growth, announcing three separate joint ventures designed to...

2013-12-03 08:23:15

DUBAI, UAE, December 3, 2013 /PRNewswire/ -- DME (Dubai Mercantile Exchange) today announced record average daily trading volumes ("ADV") of 7,450 lots in November 2013, equivalent to almost 7.5 million barrels of crude oil per day. November's total is 80% higher than November last year and is a 16% increase on last month. DME's previous record performance was 7,381 ADV, which was set in July 2013. Yearly ADVs have grown steadily since the DME was launched, leaping from...

2013-11-28 16:21:39

TSXV Trading Symbol: MVN CALGARY, Nov. 28, 2013 /PRNewswire/ - Madalena Energy Inc. (TSXV: MVN) (the "Company" or "Madalena") is pleased to announce the filing on SEDAR of the unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2013. Selected financial and operational information is outlined below and should be read in conjunction with Madalena's unaudited interim...

2013-11-28 16:21:32

(All financial figures are approximate and in Canadian dollars unless otherwise noted.) CALGARY, Nov. 28, 2013 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced that its Board of Directors has approved a capital spending plan of approximately $1.5 billion for 2014. This is approximately 56 percent higher than last year's capital budget and represents the largest in the Company's history. "Pembina's capital spending plan...

2013-11-20 08:21:29

Momentum Building to Commercialize HTL CALGARY, Nov. 20, 2013 /PRNewswire/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) announced today that heavy crude oil extracted from Ecopetrol's San Fernando T2 formation in Colombia was successfully upgraded from high viscosity 8 (o)API crude oil to a low viscosity 15 (o)API synthetic crude oil using Ivanhoe's proprietary partial upgrading process, Heavy-to-Light (HTL(®)). Ecopetrol is the largest company in Colombia and is one of the...

2013-11-08 00:20:31

Glacier Outperforms Budget Middle Montney Liquids Demonstrate Consistency Two New Lower Montney Wells Test at Combined Rate of 20 mmcf/d Strategic Alternatives Update (TSX: AAV, NYSE: AAV) CALGARY, Nov. 7, 2013 /PRNewswire/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce the unconsolidated financial and operating results (excludes Longview Oil Corp.) for the three and nine months ended September 30, 2013. The detailed results are included...