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News Briefs: Fires Force More Oilsands Evacuations in Alberta
Statoil ASA, MEG Energy and Cenovus Energy have all evacuated hundreds of workers from three oilsands projects in northeastern Alberta this week as wildfires continue to rage through…
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News Briefs: Another Week of Declining Rig Count
It was the 20th straight week of decline as the U.S. oil rig count dropped by 31 this week to 703, marking the lowest level since October 2010, according to Baker Hughes in its weekly…
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News Briefs: Explosion Damages Fracking Wastewater Site
A fracking wastewater site in Greeley, Colorado, caught fire and caused an explosion on April 17.
Crews were dispatched to the fracking site, northeast of the Greeley Airport,…
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News Briefs: Oil Company Pays Fines for Environmental Misstep
Canadian oil company Encana is paying an $18,000 environmental fine and giving $54,000 to two Mississippi school districts.
Encana reached an agreement with the Mississippi…
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News Briefs: Canada Crude Falls Below US$30
Crude prices in Canada fell below US$30 for the first time in over six years. This marks the lowest crude price since Feb. 18, 2009.
In a statement released March 16, Bank of Montreal…
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News Briefs: Tankers Still on Fire from Illinois Train Derailment Last Week
Firefighters were still working to extinguish a series of fires that erupted after a BNSF Railway train loaded with crude oil from the Bakken derailed late last week near Galena,…
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Drilling Rig Innovation Lengthens Season and Lessens Footprint
When Cenovus ran into a roadblock that prevented year-round work within its oilsands assets in northern Alberta, the company got creative and eliminated the need for roads altogether.…
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News Briefs: Oil Train Derails, Explodes in West Virginia
A train carrying crude oil from the Bakken derailed and exploded in West Virginia on Feb. 16, destroying one home and injuring one person.
About 30 of the train’s 109 cars came off…
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News Briefs: California Oilfield Wells May Be Closed
California is proposing to close up to 140 oilfield wells that were allowed by state regulators to inject into federally protected drinking water aquifers. The closings could happen by…
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Oilsands Could See Plenty Of Positives This Year
Canada’s oil industry seeing growth, job creation and technological improvements heading into 2015.