Subscribe free to our newsletters via your
. Space Industry and Business News .




OIL AND GAS
U.S. imports of Saudi Arabian oil increased from last year
by Daniel J. Graeber
Washington (UPI) Jun 26, 2013


Enbridge gets nod for Bakken oil pipeline from North Dakota
Houston (UPI) Jun 26, 2013 - Construction of the Sandpiper pipeline in North Dakota for Bakken crude oil is scheduled to start as early as Tuesday, Enbridge Energy said.

Enbridge, which has headquarters in Houston, said it received the necessary permits from the North Dakota Public Service Commission to start work on the Sandpiper pipeline as early as July 1. The pipeline should go into service in early 2016.

Enbridge Energy President Mark Maki said the pipeline could move more than 20 percent of all the oil produced from the Bakken reserve area in North Dakota.

"The economy in the region and nation overall continue to benefit from Bakken oil production," he said in a statement Wednesday. "This project will help get Bakken product to desirable markets, continuing to bolster economic growth."

North Dakota's economy is outpacing the rest of the nation in part because of oil production. Output from the Bakken area passed the 1 million barrel per day mark for the first time ever in April.

Sandpiper would stretch 616 miles from Tioga, N.D., through Minnesota and to an Enbridge terminal in Superior, Wisc. It would then transfer oil to other pipelines for delivery to the U.S. and Canadian refinery markets.

Oil imports from Saudi Arabia for the first three months of 2014 were more than 30 percent higher year-on-year, the U.S. Energy Department said.

The Energy Information Administration, the statistical arm of the Energy Department, published data Wednesday showing imports from members of the Organization of Petroleum Exporting Countries.

Saudi Arabia was the largest OPEC contributor to the U.S. market. For the first three month of 2014, Saudi crude oil imports averaged 1.45 million barrels per day, a 31 percent increase year-on-year.

Venezuela was the No. 2 source of crude oil among OPEC members. The 753,000 bpd for the first three months of the year was relatively on par with last year.

Total imports from OPEC, however, have declined. EIA said the United States imported on average 3.3 million bpd from OPEC for the three months ending in March, nearly 6 percent less than the same period in 2013.

Canada remains the top foreign source for oil in the U.S. market. EIA said the three-month average for Canadian imports was 3.2 million bpd, relatively consistent with last year. Mexico was the No. 2 non-OPEC contributor with 924,000 bpd imported on average for the first three months of 2014.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
Senate leader says U.S. oil export policies out of date
Washington (UPI) Jun 25, 2013
Though some petroleum products can leave U.S. ports, a ban on crude oil exports is outdated, the top Republican on the Senate Energy Committee said. The U.S. Bureau of Industry and Security, a division of the Commerce Department, authorized two U.S. companies, Pioneer Natural Resources and Enterprise Products Partners, to ship so-called condensate. Legislation enacted in response ... read more


OIL AND GAS
Ghost writing the whip

Strange physics turns off laser

A breakthrough in creating invisibility cloaks, stealth technology

NIST technique could make sub-wavelength images at radio frequencies

OIL AND GAS
Thales enhancing communications of EU peacekeepers

Exelis enhancing communications for NATO country

Chemring integrates new system with Resolve

Northrop Grumman Receives Funding for Electronic Warfare Systems for US Army and Navy

OIL AND GAS
SpaceX to launch six satellites all at once

Arianespace A World Leader In The Satellite Launch Market

Airbus Group and Safran To Join Forces in Launcher Activities

European satellite chief says industry faces challenges

OIL AND GAS
Soyuz Rocket puts Russian GLONASS-M navigation satellite into orbit

Russia may join forces with China to compete with US, European satnavs

Russia Says GLONASS Accuracy Could Be Boosted to Two Feet

Northrop Grumman tapped for new miniature navigation system

OIL AND GAS
South Korean jets arrive for modernization

High-tech hot air balloon floats to 120,000 feet

200th production NH90 delivered to Belgium

'Highly likely' MH370 on autopilot when it went down: Australia

OIL AND GAS
Move Over, Silicon, There's a New Circuit in Town

Swell new sensors

Ultra-thin wires for quantum computing

Quantum computation: Fragile yet error-free

OIL AND GAS
ADS launches Radar Constellation Challenge with HisdeSAT

NASA to Launch Carbon Observatory

NASA NOAA Water Vapor Animations Over Oceans

Far more accurate satellite images on the way as US lifts restrictions

OIL AND GAS
Greenpeace left red-faced after top official travel expose

Malaysian police detain Australian activist

Chemical pollution of European waters is stronger than anticipated

Plastic tide 'causing $13 bn in damage', UN says




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.