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Tag Archives: RBN energy

APNewsBreak: 75-year-old oil pipeline shuts down

PORTLAND, Maine (AP) — A pipeline buried under three New England states that carried foreign crude oil from the Port of Portland to refineries in Montreal for 75 years has been mothballed. The oil has stopped flowing. The 236-mile-long pipeline was built to provide for the safe transport of crude oil to Quebec at a time when German U-boats that ...

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Bakken crude: Could pipelines replace the need for oil-by-rail?

The transportation of Bakken crude is beginning to shift away from the railways and into pipelines as production levels off in the wake of last year’s price collapse and more oil and gas pipelines are brought online. Rusty Braziel, analyst with RBN Energy, explained, “Since 2012 a combination of rail and pipeline has given Bakken producers ample crude takeaway capacity, ...

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St. Paul Park Refinery increasingly focuses on Bakken oil

Minnesota’s oldest oil refinery sees a bigger future with Bakken crude. The refinery on the banks of the Mississippi River in St. Paul Park plans $100 million in upgrades that by next year will boost its refining capability to more than 100,000 barrels of crude oil per day. With that upgrade, on top of significant investment since 2011, the refinery ...

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Support remains in Wyoming for gas-to-liquids plant

CASPER, Wyo. — Two days before the Wyoming House of Representatives approved a bill to lure construction of gas-to-liquid plants in the Cowboy State, the South African energy giant Sasol Ltd. announced it was suspending plans to build a similar facility in Louisiana. Low oil prices, Sasol executives said, were to blame for the delay in the $14 billion project. ...

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Keystone XL pipeline may no longer make economic sense, experts say

WASHINGTON – Amid the shouting on Capitol Hill, the wads of campaign cash and the activist careers shaped around the Keystone XL pipeline, the project at the flash point of America’s energy debate now confronts a problem bigger than politics. It may no longer pencil out. As Congress’ six-year obsession with Keystone nears a climax, plunging oil prices have industry ...

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Proposed oil terminal would be biggest in volume

By any measure, the size of the proposed oil terminal at the Port of Vancouver is eye-catching. The oil-by-rail facility would handle an average of 360,000 barrels of crude per day, or up to four oil trains daily. The terminal would dwarf anything currently operating in Washington. In fact, at full capacity, the proposal known as Vancouver Energy would handle ...

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Niobrara crude production trending upwards

The Niobrara shale in Colorado is producing crude at rates even higher than anticipated, according to a report by RBN Energy. Since January 2012, production from the Niobrara’s top two regions—the Denver Julesburg (DJ) and Powder River Basic (PRB)—is up 260 percent and is expected to double again by the end of 2019. According to the report, the DJ Basin ...

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