Posted in Industry News

Canada's Enbridge Inc. on Sunday raced to repair a major pipeline that spilled more than 1,000 barrels of oil in a Wisconsin field, provoking fresh ire from Washington over the latest in a series of leaks. The spill on Friday -- almost two years to the day after a ruptured Enbridge lin...

Taiwan's Formosa Petrochemical Corp has shut one of two residue desulphurizer (RDS) units at its 540,000 barrels per day (bpd) refinery in Mailiao due to a leak, and it may restart in about a week's time, a company spokesman said on Friday. Its other RDS unit is running at full cap...

Oil refiner Caltex Australia announced on Thursday it will close its loss-making 124,500 barrel-per-day Kurnell oil refinery in Sydney after a year-long review, converting it into an import terminal and cutting more than 600 jobs. Australian refiners have been grappling with ageing equipme...

Alberta, the largest source of U.S. oil imports, plans to review the safety of its massive pipeline network after a number of high-profile oil spills prompted calls for action, Ken Hughes, the Canadian province's energy minister, said on Friday. Following consultations with the oil and...

Enbridge Inc moved to assuage critics of its controversial C$5.5 billion ($5.4 billion) Northern Gateway pipeline plan on Friday by adding safety measures that will increase the project's cost by as much as C$500 million. The measures include: increasing the thickness of the pipeline...