Tank Transport Trader presents the latest news on E&P, Exploration and production, upstream sector of the oil-and-gas industry, rig reports, well reports, drilling and excavation – and more news for the transportation & liquid dry-bulk industry –
EIA petroleum price forecast predicts a 5-10% decline in crude oil, gasoline, and diesel prices in 2023 due to global production, economic growth, and market trends. Learn how these factors impact energy consumption and the oil industry.
Royal Canadian Mounted Police (RCMP) are investigating what is being described as an “organized violent attack” on pipeline workers, police and equipment at a Coastal GasLink drilling site near the Morice River in northern BC.
Permanent refining capacity closures expected for 2020-2021 have risen to about 1.7 million barrels per day (bpd) as the COVID-19 pandemic hammers demand for oil products, according to the International Energy Agency (IEA). About a…
The oil-rich Canadian province that was hit hard by Joe Biden’s move to kill the Keystone XL pipeline is considering seeking compensation from the U.S. through an old free-trade rule that’s still in place. Alberta…
In June 1998, an experiment to access gas trapped over a mile deep in the Barnett Shale north of Fort Worth, Texas, using sand, water and chemicals ignited a natural gas boom that rippled across…
The complex web of U.S. pipelines, tanks and export terminals that’s helped make America the world’s top oil producer is causing a headache for some crude buyers, industry analysts say.
As various types of crude…
The U.S. Energy Information Administration (EIA) is seeking public comments on several changes it intends to make within its Petroleum Supply Reporting System (PSRS), including those related to data collection on biofuels. In December, EIA…
roducers in North Dakota flared 527 million cubic feet of gas per day in 2017, according to industry reports. During that time North and South Dakota consumed about 530 million cubic feet of gas...
In the first half of the year, the spot market in Texas was boiling over, with not nearly enough trucks to cover the growing demand for freight. In the past month, the market’s been pretty…
U.S. gasoline consumption has leveled off as the stimulus provided by low and falling oil prices between 2014 and 2016 has faded, so refiners are increasingly turning to diesel…
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