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Latest sour crude oil Stories

2009-03-16 05:00:00

HOUSTON, March 16 /PRNewswire/ -- Platts, a leading global energy information provider, today confirmed it will launch a major new crude oil price assessment to capture the representative value of crude oil in the U.S. Gulf of Mexico, the main hub for refining, production, importing and handling of crude oil in the United States. Platts' decision to begin publishing the new price assessment follows a period of extensive consultation with oil market participants. Platts' new assessment, the...

2009-03-03 13:48:00

New Sour Marker Would Reflect U.S. Gulf Coast, and Act as Alternative Reference to Troubled Sweet Marker HOUSTON, March 3 /PRNewswire/ -- Platts, a leading global energy information provider, today proposed the launch of a major new crude oil price assessment to capture the value of sour crude oil in the U.S. Gulf of Mexico, the main hub for refining, production, importing and handling of crude oil in the United States. Sour crude accounts for close to two-thirds of the oil that goes into...

2008-07-16 18:00:37

Valero Energy Corporation (NYSE: VLO) today affirmed that it has agreed to participate as a prospective shipper, subject to regulatory approvals, on the 500,000 barrel per day expansion of the Keystone crude oil pipeline system from Western Canada to the U.S. Gulf Coast at Port Arthur, Texas. Earlier today, TransCanada and its partner, ConocoPhillips, announced plans to increase the commercial design of the Keystone pipeline to 1.1 million barrels per day by 2012. In addition to its...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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