OPEC set a new OPEC-14 production reduction target yesterday in Vienna of 32.5 MMb/d effective 1 January 2017 to accelerate the reduction in the world oil and try to rebalance of the oil market.
Oil from a Husky Energy pipeline spilled into the North Saskatchewan River on Thursday morning upstream from Maidstone, Sask.
An investigation is continuing into the cause of an oil spill that occurred at Newfoundland and Labrador Hydro’s Paradise River hydroelectric generating plant on the Burin Peninsula.
Members of Organization of the Petroleum Exporting Countries (OPEC) met two weeks and heeded consumers’ calls increase their overall oil production.
The PIPES Act of 2016 reauthorizes the Pipeline and Hazardous Materials Safety Administration (PHMSA) from the fiscal year 2016 to the fiscal year 2019.
