Tag Archives: group

RINs Trading Puts Market Forces to Work

CME’s New Contract Comes Amid Shifting DynamicsAs the U.S. moves further along efforts to reduce crude oil imports and carbon emissions, it’s becoming increasingly accepted that market forces produce the lowest-cost and highest-innovation solutions to complex problems…. Continue reading

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Ultra-Low Sulfur Diesel Futures Contract Replaces Heating Oil

UltraLow Sulfur Diesel Futures Contract Replaces Heating Oil Bloomberg CME Group Inc. (CME)'s heating oil contract on the New York Mercantile Exchange has been renamed ultralowsulfur-diesel futures after the April Continue reading

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RES Canada Announces the Completion of Alberta’s Largest Wind Project

MONTREAL , April 2, 2013 /CNW/ – Renewable Energy Systems Canada Inc. ( RES Canada ), a leader in the construction of wind and solar projects in Canada , is pleased to announce the completion of Halkirk … Continue reading

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Construction Begins on North Dakota Refinery

One of two new oil refineries being built in North Dakota broke ground this week: The 20,000-barrels-per-day Dakota Prairie facility, which is scheduled to be built in 20 months…. Continue reading

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Saudis Plan to Boost Crude Capacity 5% by 2017

Khalid al-Falih, chief executive of Saudi Aramco, Saudi Arabia’s national oil company, recently said it will add 550,000 barrels a day of new crude production capacity by 2017 from two onshore fields, Khurais and Shaybah…. Continue reading

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U.S. Oil Boom Heralds Structural Shift for World Market

Exporters Must Adjust to a More Asia-Centric DemandDeclining U.S. crude imports have “potentially substantial” implications for international oil markets, and could herald a structural shift as the world’s biggest oil consumer over time becomes less dependent on… Continue reading

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