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These rail accidents, among other examples, have raised concerns that the regulation of rail transport is inadequate for large-scale crude oil shipments. Pipeline failures also occur, for instance, in 2015 a Nexen pipeline ruptured and leaked 5 million litres of crude oil over approximately 16,000 m 2 at the company's Long Lake oilsands ...
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. [3] Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. [3]
The midstream sector involves the transportation (by pipeline, rail, barge, oil tanker or truck), storage, and wholesale marketing of crude or refined petroleum products. Pipelines and other transport systems can be used to move crude oil from production sites to refineries and deliver the various refined products to downstream distributors.
The surge in U.S. oil production since 2008 has created tremendous opportunities for the midstream companies involved in oil storage and transportation. Many continue to invest record amounts of ...
Global Partners and Phillips 66 Sign Long-Term Crude Transportation and Logistics Contract 91 Million Barrels to be Transported from Bakken Region to New Jersey Refinery Over Five-Year Period ...
Commercial crude oil supertanker AbQaiq. A tanker (or tank ship or tankship) is a ship designed to transport or store liquids or gases in bulk. Major types of tankship include the oil tanker (or petroleum tanker), the chemical tanker, cargo ships, and a gas carrier. Tankers also carry commodities such as vegetable oils, molasses and wine.
This weekend's horrific railcar explosion in Lac-Mégantic, Quebec, has drawn sudden attention to the rapidly expanding use of railcars to transport crude oil from where it's extracted to where it ...
Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical ...
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