Brian Stutland explains why options traders are betting big on oil refiners.» Read More
Brian Stutland explains why options traders are betting big on oil refiners.
*To provide additional facilities at Cheecham terminal for surmont phase 2. Resources Corp and Total E&P Canada Ltd. *About $0.3 billion expansion expected to come into service in two phases.
*Announces successful completion of open season for southern lights diluent. *Says will now pursue an expansion of the southern lights system to reach an. capacity on a term that expires on June 30, 2025.
April 30- Enbridge Energy Partners LP:. *To construct 150 million cubic feet per day cryogenic natural gas processing plant in east Texas. *Addition of the Beckville plant will expand the partnership's processing capacity to approximately 820 mmcf/d.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Two pipeline spills have prompted new criticism from opponents of the proposed Keystone XL project, while raising questions about whether the government is adequately monitoring U.S. pipelines. The NYT reports.
WASHINGTON, March 22- Federal regulators on Friday rejected a proposed toll plan for Enbridge Inc's $2.5 billion expansion of its Sandpiper project that would move oil from North Dakota to refineries in the Midwest.
CALGARY, Alberta, March 20- Enbridge Energy Partners LP said on Wednesday that the costs of additional cleanup from a huge Michigan oil spill three years ago may push the total bill past the limit of its insurance coverage, hampering its financial results.
*Motiva Port Arthur refinery shuts FCC after malfunction-Sources. NEW YORK, Feb 19- Oil prices rose on Tuesday as traders grew bullish amid a rally in U.S. stock markets, even as U.S. pipeline bottlenecks and European economic concerns threatened to weigh on oil markets. U.S. crude for March delivery rose 80 cents to settle at $96.66 a barrel.
NEW YORK, Feb 19- Brent crude prices fell on Tuesday and U.S. refined products futures pulled back, pressured by concerns about Europe's economic growth and expectations that rising prices will curb demand in the United States. "The concerns about Europe's economy have weighed on crude oil," said Phil Flynn, an analyst at Price Futures Group in Chicago.
WASHINGTON, Jan 4- The controversial Keystone XL oil pipeline received a boost on Friday when Nebraska regulators said its proposed new route would avoid many of the ecologically-sensitive areas that led the U.S. government to block it last year.
US crude advanced on Tuesday on hopes that Washington could be edging closer to a deal to avert the so-called fiscal cliff.