Edition:
United Kingdom

Laila Kearney

U.S., Philadelphia officials object to PES refinery sale process

08 Nov 2019

NEW YORK, Nov 8 U.S. and local officials are opposing the sale procedure for the bankrupt Philadelphia Energy Solutions oil refinery, arguing the plan discourages bidders and keeps the city locked out of the process, according to federal court filings.

Rare permit for Keystone oil pipeline in spotlight after spills

08 Nov 2019

The massive Keystone pipeline has been transporting oil from Canada to the United States at a higher-than-standard level of pressure since it started operating in 2010, thanks to a special permit granted by U.S. regulators on the condition operator TC Energy Corp would monitor the line closely.

Oil down more than $1 a barrel on U.S. crude build, delay in U.S.-China trade pact

06 Nov 2019

NEW YORK Oil prices dropped more than $1 a barrel on Wednesday after a much larger-than-expected build in U.S. crude inventories and after Reuters reported that the signing of a U.S.-China trade deal could be delayed until December.

Cause of Philadelphia fire sounds alarm over aging U.S. refineries

06 Nov 2019

PHILADELPHIA How did a piece of piping installed when Richard Nixon was U.S. president go without once being checked before leading to a fire that devastated the East Coast's largest and oldest oil refinery?

Work underway to plug Keystone pipeline after oil spill

01 Nov 2019

Nov 1 Cleanup crews in Walsh County, North Dakota, are starting work to plug the Keystone pipeline, which was shut after a more than 9,000-barrel crude oil leak this week, a state official said on Friday.

Marketlink oil line from Cushing cuts rates after Keystone leak: sources

31 Oct 2019

NEW YORK TC Energy Corp's Marketlink crude oil pipeline, a major artery out of the Cushing, Oklahoma, hub was operating at reduced rates, three sources said on Thursday, due to supply disruptions after the shutdown of the Keystone pipeline following a leak earlier this week.

UPDATE 4-Marketlink oil line from Cushing cuts rates after Keystone leak -sources

31 Oct 2019

NEW YORK, Oct 31 TC Energy Corp's Marketlink crude oil pipeline, a major artery out of the Cushing, Oklahoma, hub was operating at reduced rates, three sources said on Thursday, due to supply disruptions after the shutdown of the Keystone pipeline following a leak earlier this week.

Oil prices clock strong weekly gains on trade hopes, crude supply

25 Oct 2019

NEW YORK Oil prices rose on Friday, registering the strongest weekly gains in more than a month as support from optimism over a U.S.-China trade deal, falling U.S. crude stocks and possible action from OPEC to extend output cuts outweighed broader economic concerns.

Old, corroded pipe led to Philadelphia refinery fire: Chemical Safety Board

17 Oct 2019

NEW YORK An old, degraded piece of metal pipe that had not been tested for corrosion led to the June fire and explosions at the Philadelphia Energy Solutions oil refinery, the U.S. Chemical Safety and Hazard Investigation Board said on Wednesday.

RPT-Groups bidding for PES refinery due to tour fire-damaged site -sources

15 Oct 2019

NEW YORK, Oct 15 Groups vying for the idled Philadelphia Energy Solutions oil refinery have entered the second phase of the bidding process and are gearing up for visits to the plant, according to three sources familiar with the matter.

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