Archive for the ‘oil options’ Category
Few export options for gulf oil states - UPI.com
Author: admin20 Jan
Few export options for gulf oil states - UPI.com
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Few export options for gulf oil states
UPI.com The US Energy Information Administration estimates that if the narrow waterway at the southern end of the gulf is sealed, only around 3 million barrels of oil per day could realistically be redirected through Saudi Arabia via a trans-Arabian pipeline … |
Source: news.google.com
Few export options for gulf oil states - UPI.com
Author: admin20 Jan
Few export options for gulf oil states - UPI.com
 ArabianBusiness.com |
Few export options for gulf oil states
UPI.com The US Energy Information Administration estimates that if the narrow waterway at the southern end of the gulf is sealed, only around 3 million barrels of oil per day could realistically be redirected through Saudi Arabia via a trans-Arabian pipeline … Meeting the Employment Challenge in the GCC |
Source: news.google.com
Oil Options Volatility Rises as Futures Fall on European Debt - Bloomberg
 Moneycontrol.com |
Oil Options Volatility Rises as Futures Fall on European Debt
Bloomberg Oil options volatility rose as the underlying futures fell for the first time in seven days after the European Central Bank said its balance sheet soared to a record high. Implied volatility for at-the-money options expiring in February, … Oil ends 2011 up 13 percent, third year of gains |
Source: news.google.com
Closing Gulf oil route remains option for Iran: envoy - AFP
 AFP |
Closing Gulf oil route remains option for Iran: envoy
AFP "All the options are or would be on the table," if Iran is threatened, ambassador Mohammad Khazaee said on US television, referring to the strategic shipping route, which is a chokepoint for one fifth of the world's traded oil. … Iran envoy says closing Strait of Hormuz an option Military Dolphins Could Go to Iran |
Source: news.google.com
Main Canada pipeline option denied; other options under study - Environment & Energy Publishing
 Environment & Energy Publishing |
Main Canada pipeline option denied; other options under study
Environment & Energy Publishing President Obama formally rejected an oil pipeline extending from Canada yesterday that has divided the Democratic Party for months, raising new questions about the political dynamic in an election year and the ultimate fate of the Keystone XL project. … Keystone XL oil pipeline battle has only just begun Keystone Pipeline Rejection Could Lead To Bullish Option Trade On EEQ House Republicans huddle to weigh Keystone pipeline options |
Source: news.google.com
Oil Options Volatility Steady as Futures Fall on Embargo Delay - Bloomberg
 Financial Times |
Oil Options Volatility Steady as Futures Fall on Embargo Delay
Bloomberg Oil options volatility slipped as underlying futures fell to a three-week low on news that an embargo on Iranian oil imports may be postponed. Implied volatility for at-the-money options expiring in March, a measure of expected swings in futures and a … Timing of EU Oil Embargo on Iran Still in Question Crude Oil: The Best Bet for 2012 Morning Futures Roundup |
Source: news.google.com
Activist Jana Partners Buys 5.5% Stake in Marathon Petroleum - Wall Street Journal (blog)
 KAALtv.com |
Activist Jana Partners Buys 5.5% Stake in Marathon Petroleum
Wall Street Journal (blog) By Shira Ovide Activist investor Jana Partners disclosed a 5.5% stake in Marathon Petroleum, a newly formed oil-refining company split from Marathon Oil. The two-month spate of stock-and-options purchases amounted to $636 million, according to an SEC … Jana Partners Takes 5.5 Percent Position in Marathon Petroleum |
Source: news.google.com
Crude Options Volatility Rises, Near Six-Month Low on Steady Oil - Bloomberg
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Crude Options Volatility Rises, Near Six-Month Low on Steady Oil
Bloomberg Crude oil options volatility rose for the first time in five sessions, holding near a six-month low as underlying futures reversed an early gain to settle lower for a second day. Implied volatility for at-the-money options expiring in March, … |
Source: news.google.com
Iran’s UN Ambassador Says Closing Strait of Hormuz an Option - San Francisco Chronicle
 The Guardian |
Iran's UN Ambassador Says Closing Strait of Hormuz an Option
San Francisco Chronicle "All the options are or would be on the table." US and European efforts to tighten economic sanctions on Iran to deter its nuclear program have roiled oil markets and prompted concern a reduction in supply could hurt the global economy. … US mulls options for slashing Iran's oil revenues Beware of US game over Iran |
Source: news.google.com
Oil Options Volatility Climbs as Futures Rise on Economy, Iran - Bloomberg
 ABC News (blog) |
Oil Options Volatility Climbs as Futures Rise on Economy, Iran
Bloomberg Oil options volatility increased as the underlying futures rose after Iran threatened to block transportation in the Strait of Hormuz and data showed confidence among US consumers beat expectations in December. Implied volatility for at-the-money … Oil Traders Flee as Crude Price Swings From $100: Energy Markets Morning Futures Roundup Iran Oil Blockade Would Send Gas Prices Through the Roof |
Source: news.google.com
Oil Rises as US Jobless Claims Fall, Crude Inventories Decline - BusinessWeek
 Bloomberg |
Oil Rises as US Jobless Claims Fall, Crude Inventories Decline
BusinessWeek “All the options are or would be on the table.” The Strait of Hormuz is the passageway for almost one-fifth of the world's oil trade, according to the Energy Department. –With assistance from Bob Willis in Washington, Grant Smith in London and Peter … Crude Oil Advances in New York on Shrinking Stockpiles, Iranian Risks Exclusive: Turkey works to cut dependence on Iranian oil OIL FUTURES: Chinese GDP Growth Lifts Crude Above $100/Bbl |
Source: news.google.com
Japan likely to cut Iran imports in 3 mths, industry head - Reuters
Author: admin19 Jan
Japan likely to cut Iran imports in 3 mths, industry head - Reuters
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Japan likely to cut Iran imports in 3 mths, industry head
Reuters So far, the meetings have not yielded details on the extent to which countries have to reduce Iranian oil imports to earn waivers and whether buying Iranian oil at a cheaper price is excluded as an option. However, the Obama administration is now … |
Source: news.google.com
Oil Options Volatility Steady as Futures Fall on Embargo Delay - Bloomberg
 Telegraph.co.uk |
Oil Options Volatility Steady as Futures Fall on Embargo Delay
Bloomberg Oil options volatility slipped as underlying futures fell to a three-week low on news that an embargo on Iranian oil imports may be postponed. Implied volatility for at-the-money options expiring in March, a measure of expected swings in futures and a … Timing of EU Oil Embargo on Iran Still in Question Commentary: Iran gives the West a gift Over a barrel: UK pushes Iran oil ban, military action on table |
Source: news.google.com
Gasoline Surges as Hovensa Refinery to Shut; Heating Oil Slips - BusinessWeek
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Gasoline Surges as Hovensa Refinery to Shut; Heating Oil Slips
BusinessWeek said Fred Rigolini, vice president of Paramount Options Inc. in New York. “Heating oil has been the laggard because of that.” Regular gasoline at the pump, averaged nationwide, fell 0.3 cent to $3.378 a gallon yesterday, according to AAA data. … |
Source: news.google.com
Republicans vow to fight for Keystone pipeline - Reuters
 CTV.ca |
Republicans vow to fight for Keystone pipeline
Reuters House Speaker John Boehner told reporters "all options are on the table" to craft a bill to fight for the pipeline, which Republicans say would create thousands of jobs and bolster the economic recovery. "There are legislative vehicles that will be … Keystone Pipeline Rejection Could Lead To Bullish Option Trade On EEQ House Republicans huddle to weigh Keystone pipeline options Oil producers look to pipeline alternatives |
Source: news.google.com
Iran’s UN Envoy Says Closing Strait of Hormuz Is an Option If Threatened - Bloomberg
 Bloomberg |
Iran's UN Envoy Says Closing Strait of Hormuz Is an Option If Threatened
Bloomberg “All the options are or would be on the table.” US and European efforts to tighten economic sanctions on Iran to deter its nuclear program have roiled oil markets and prompted concern a reduction in supply could hurt the global economy. … 'KSA will use all options against Iran' Iran Plays Down Chance Of Blocking Oil Corridor Iran's threat is an opportunity |
Source: news.google.com
US mulls options for slashing Iran’s oil revenues - Reuters
Bloomberg |
US mulls options for slashing Iran's oil revenues
Reuters Among its options, the administration has considered encouraging countries to impose import tariffs on Iranian oil to curtail Iran's revenues, sources familiar with the administration's thinking said. US officials also considered defining significant … Crude Oil Advances in New York on Shrinking Stockpiles, Iranian Risks Favorable Chinese GDP Reading Helps Support Crude Oil Prices OIL FUTURES: Chinese GDP Growth Lifts Crude Above $100/Bbl |
Source: news.google.com
Iran’s UN Ambassador Says Closing Strait of Hormuz an Option - BusinessWeek
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Iran's UN Ambassador Says Closing Strait of Hormuz an Option
BusinessWeek “All the options are or would be on the table.” US and European efforts to tighten economic sanctions on Iran to deter its nuclear program have roiled oil markets and prompted concern a reduction in supply could hurt the global economy. … |
Source: news.google.com
Will keep buying Iranian oil, says India
Author: admin18 Jan
Will keep buying Iranian oil, says India
In the wake of the US sanctions on Tehran, India, which imports around 12 percent of its oil from Iran, is keeping “all options open” to continue purchasing Iranian oil and find ways of paying for it. The US has, however, mounted a diplomatic
Source: economictimes.indiatimes.com
Options Plays For 5 Dirt Cheap Oil Stocks That Most Investors Ignore - Seeking Alpha
Author: admin17 Jan
Options Plays For 5 Dirt Cheap Oil Stocks That Most Investors Ignore - Seeking Alpha
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Options Plays For 5 Dirt Cheap Oil Stocks That Most Investors Ignore
Seeking Alpha It means investors may want to increase their allocation to cheap oil and gas majors via bull calendar spreads or covered call option positions. Here are five rock solid oil companies to own over the long haul: ConocoPhillips (COP) — ConocoPhillips … |
Source: news.google.com
Oil Trades Near Lowest This Year on Rising Stockpiles, German Contraction - Bloomberg
 Los Angeles Times |
Oil Trades Near Lowest This Year on Rising Stockpiles, German Contraction
Bloomberg “But with oil prices 40 percent higher than its budget, it will probably not be enough to make a big difference for Iran.” The options market is signaling skepticism that Iran will block the Strait of Hormuz, as traders are paying more to protect … COLUMN-Oil speculators stay cautious on Iran risk: John Kemp India to buy Iran oil despite US sanctions - minister Japan reviews alternatives to Iran's oil |
Source: news.google.com
Economic Regime-Change Can Stop Iran Bomb: Gerecht and Dubowitz - Bloomberg
 Bloomberg |
Economic Regime-Change Can Stop Iran Bomb: Gerecht and Dubowitz
Bloomberg (Unfortunately, if a nuclear-armed Iran is truly unacceptable, military action is the most likely route to success — and the window for that option is closing fast.) Second, if we are going to pursue tougher international sanctions against Iran — and … War with Iran: A Conflict Obama Hopes to Avoid May Be Imposed on Him Israel urges crippling sanctions on Iran A lack of communication with Iran could make any confrontation deadly |
Source: news.google.com
Govt. looking at other oil options - Sunday Times.lk
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Govt. looking at other oil options
Sunday Times.lk The Government is looking at other options in importing crude oil following US sanctions on Iran, Petroleum Minister Susuil Premajayantha said today. He said crude purchases from Iran will continue for the next six months under the grace period given … |
Source: news.google.com
UK: Europe Will Adopt Sanctions on Iranian Oil - ABC News
 The Hindu |
UK: Europe Will Adopt Sanctions on Iranian Oil
ABC News We have not ruled out any option, or supporting any option. We believe all options should be on the table, that is part of the pressure on Iran, but we are clearly not calling for or advocating military action," Hague said. … All options on table over Iran Iran clerics urge unity as nuclear scientist buried |
Source: news.google.com
Parity Energy Platform (PEP) Trades 1 Million Option Contracts - MarketWatch (press release)
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Parity Energy Platform (PEP) Trades 1 Million Option Contracts
MarketWatch (press release) … online marketplace that gives traders electronic access to over-the-counter (OTC) energy and precious metals option markets. The 1 million contract mark represents a notional volume of 6 billion MMBtu of natural gas and 400 million barrels of oil. … |
Source: news.google.com
Oil Options Volatility Rises as Futures Fall on European Debt - Bloomberg
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Oil Options Volatility Rises as Futures Fall on European Debt
Bloomberg Oil options volatility rose as the underlying futures fell for the first time in seven days after the European Central Bank said its balance sheet soared to a record high. Implied volatility for at-the-money options expiring in February, … |
Source: news.google.com
GOP lawmakers ready pipeline options - Omaha World-Herald
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GOP lawmakers ready pipeline options
Omaha World-Herald The Keystone XL would transport crude oil from Canada's tar sands region to Texas refineries, crossing Nebraska along the way. At one time, the State Department had planned to decide on the pipeline's permit by the end of 2011, but then delayed the … |
Source: news.google.com
UAE’s Adnoc to Invite Bids for Onshore Oil Concessions - BusinessWeek
Author: admin16 Jan
UAE’s Adnoc to Invite Bids for Onshore Oil Concessions - BusinessWeek
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UAE's Adnoc to Invite Bids for Onshore Oil Concessions
BusinessWeek “We have options.” Adnoc owns 60 percent of Abu Dhabi Co. for Onshore Oil Operations, or ADCO, with Exxon Mobil Corp., Royal Dutch Shell Plc, BP Plc, Total SA and Partex Oil & Gas holding the rest. Exxon Mobil, Shell and BP produce oil at onshore … |
Source: news.google.com
Oil Climbs From Four-Week Low as Iran Warns of Strait Disruption - BusinessWeek
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Oil Climbs From Four-Week Low as Iran Warns of Strait Disruption
BusinessWeek Speculative bets that prices will rise, in futures and options combined, outnumbered short positions by 92983 lots, the London-based exchange said today in its weekly Commitment of Traders report. The data is for futures and options combined. … |
Source: news.google.com
Options Plays For 5 Dirt Cheap Oil Stocks That Most Investors Ignore - Seeking Alpha
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Options Plays For 5 Dirt Cheap Oil Stocks That Most Investors Ignore
Seeking Alpha It means investors may want to increase their allocation to cheap oil and gas majors via bull calendar spreads or covered call option positions. Here are five rock solid oil companies to own over the long haul: ConocoPhillips (COP) — ConocoPhillips … |
Source: news.google.com
S.Korea, Oman to cooperate to stabilise oil supply to Seoul - Reuters
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S.Korea, Oman to cooperate to stabilise oil supply to Seoul
Reuters SEOUL Jan 16 (Reuters) - South Korea and Oman have agreed to cooperate to ensure stable oil and gas supply to Seoul while the country seeks a waiver of toughened US sanctions on Iran and weighs up options, including reducing crude imports from Tehran. … |
Source: news.google.com
UK: Europe Will Adopt Sanctions on Iranian Oil - ABC News
Author: admin16 Jan
UK: Europe Will Adopt Sanctions on Iranian Oil - ABC News
 The Guardian |
UK: Europe Will Adopt Sanctions on Iranian Oil
ABC News We have not ruled out any option, or supporting any option. We believe all options should be on the table, that is part of the pressure on Iran, but we are clearly not calling for or advocating military action," Hague said. … All options on table over Iran Flashpoint Iran |
Source: news.google.com
Oil Options Volatility Rises as Futures Fall on European Debt - Bloomberg
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Oil Options Volatility Rises as Futures Fall on European Debt
Bloomberg Oil options volatility rose as the underlying futures fell for the first time in seven days after the European Central Bank said its balance sheet soared to a record high. Implied volatility for at-the-money options expiring in February, … |
Source: news.google.com
Oil Climbs From Four-Week Low as Iran Warns of Strait Disruption - BusinessWeek
 Daily Mail |
Oil Climbs From Four-Week Low as Iran Warns of Strait Disruption
BusinessWeek Speculative bets that prices will rise, in futures and options combined, outnumbered short positions by 92983 lots, the London-based exchange said today in its weekly Commitment of Traders report. The data is for futures and options combined. … Ignore the hyperbole on Hormuz: embargoes don't work Iran Tensions And Crude Oil: What It Means For Your Portfolio How Global Oil Supplies Could Fall 40% Overnight |
Source: news.google.com
Oil Trades Near Lowest This Year on Rising Stockpiles, German Contraction - Bloomberg
Los Angeles Times |
Oil Trades Near Lowest This Year on Rising Stockpiles, German Contraction
Bloomberg “But with oil prices 40 percent higher than its budget, it will probably not be enough to make a big difference for Iran.” The options market is signaling skepticism that Iran will block the Strait of Hormuz, as traders are paying more to protect … S.Korea PM heads to Oman, UAE as Iran sanctions bite India to buy Iran oil despite US sanctions -minister Japan reviews alternatives to Iran's oil |
Source: news.google.com
Options Plays For 5 Dirt Cheap Oil Stocks That Most Investors Ignore - Seeking Alpha
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Options Plays For 5 Dirt Cheap Oil Stocks That Most Investors Ignore
Seeking Alpha A 4% or so dividend never hurts, and risk averse investors should consider selling front month, at the money call options against their positions to collect income. People like to knock covered calls, but the numbers speak for themselves: Look at the … |
Source: news.google.com
Gas Bears Boost Bets on ‘Catastrophic’ Surplus: Energy Markets - San Francisco Chronicle
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Gas Bears Boost Bets on 'Catastrophic' Surplus: Energy Markets
San Francisco Chronicle Bullish bets advanced by 3929 futures and options combined, or 5.8 percent, to 71282 in the week ended January 10, the CFTC said. Bets that heating oil will rise increased by 3841 futures and options combined, or 15 percent, to 30103, the data showed. … |
Source: news.google.com
Iran warns of consequences if Arabs back oil sanctions - Reuters
 Kuwait Times |
Iran warns of consequences if Arabs back oil sanctions
Reuters CHINA SEEKS OIL OPTIONS IN GULF Chinese Premier Wen Jiabao was pressing Saudi Arabia to open its oil and gas wealth to more Chinese investment, Chinese media said on Sunday. China has been Iran's biggest oil buyer. Although Beijing opposes further … Saudi Arabia is ready to turn valves Talks, not curbs, fuel peace sentiment Brent rises towards $111 as Iran warns Gulf exporters |
Source: news.google.com
S.Korea, Oman to cooperate to stabilise oil supply to Seoul - Reuters
Author: admin16 Jan
S.Korea, Oman to cooperate to stabilise oil supply to Seoul - Reuters
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S.Korea, Oman to cooperate to stabilise oil supply to Seoul
Reuters SEOUL Jan 16 (Reuters) - South Korea and Oman have agreed to cooperate to ensure stable oil and gas supply to Seoul while the country seeks a waiver of toughened US sanctions on Iran and weighs up options, including reducing crude imports from Tehran. … |
Source: news.google.com
Nigerian unions to resume fuel strike - BigPond News
 BigPond News |
Nigerian unions to resume fuel strike
BigPond News A government panel that has held two rounds of inconclusive talks with the unions over the spike in petrol prices was meantime weighing its options to end the strike that has shut down Africa's top oil exporter. It went into a meeting with President … Strike continues as FG, Labour talks end in deadlock Nigeria-Strike: Massive fuel strike reported in Nigeria Fuel or fraud subsidy war, Nigeria loses N2trn in six days |
Source: news.google.com
Republicans weigh options if Obama nixes Keystone pipeline - The Hill (blog)
 Globe and Mail |
Republicans weigh options if Obama nixes Keystone pipeline
The Hill (blog) By Ben Geman and Andrew Restuccia - 01/11/12 05:27 PM ET Capitol Hill Republicans are mulling new efforts to win approval of the proposed Keystone XL oil sands pipeline if the White House rejects the project in February. The short-term payroll tax cut … Republicans hope for "yes" on Keystone, prepare for "no" Keystone XL reps visit Texas as president's Feb. 21 deadline nears Keystone pipeline review needs time: White House |
Source: news.google.com
Oil Options Volatility Rises as Futures Fall on European Debt - Bloomberg
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Oil Options Volatility Rises as Futures Fall on European Debt
Bloomberg Oil options volatility rose as the underlying futures fell for the first time in seven days after the European Central Bank said its balance sheet soared to a record high. Implied volatility for at-the-money options expiring in February, … |
Source: news.google.com
Ignore the hyperbole on Hormuz: embargoes don’t work - Financial Times
 PanARMENIAN.Net |
Ignore the hyperbole on Hormuz: embargoes don't work
Financial Times So to use it in response to an EU oil embargo would be using that proverbial sledgehammer to crack a pistachio nut. Iran does have other options to retaliate. It could intensify pressure on oil prices by contributing to the instability in Iraq that has … Talks, not curbs, fuel peace sentiment |
Source: news.google.com
UK’s William Hague says Europe will adopt tough new sanctions on Iranian oil … - Washington Post
 Metro |
UK's William Hague says Europe will adopt tough new sanctions on Iranian oil …
Washington Post We have not ruled out any option, or supporting any option. We believe all options should be on the table, that is part of the pressure on Iran, but we are clearly not calling for or advocating military action,” Hague said. … William Hague: Military action still an option to stop Iran's nuclear bid |
Source: news.google.com
Oil Trades Near Lowest This Year on Rising Stockpiles, German Contraction - Bloomberg
Los Angeles Times |
Oil Trades Near Lowest This Year on Rising Stockpiles, German Contraction
Bloomberg “But with oil prices 40 percent higher than its budget, it will probably not be enough to make a big difference for Iran.” The options market is signaling skepticism that Iran will block the Strait of Hormuz, as traders are paying more to protect … COLUMN-Oil speculators stay cautious on Iran risk: John Kemp India to buy Iran oil despite US sanctions -minister Japan reviews alternatives to Iran's oil |
Source: news.google.com
UK: Europe Will Adopt Sanctions on Iranian Oil - ABC News
 USA TODAY |
UK: Europe Will Adopt Sanctions on Iranian Oil
ABC News We have not ruled out any option, or supporting any option. We believe all options should be on the table, that is part of the pressure on Iran, but we are clearly not calling for or advocating military action," Hague said. … All options on table over Iran Flashpoint Iran |
Source: news.google.com
GOP lawmakers ready pipeline options - Omaha World-Herald
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GOP lawmakers ready pipeline options
Omaha World-Herald The Keystone XL would transport crude oil from Canada's tar sands region to Texas refineries, crossing Nebraska along the way. At one time, the State Department had planned to decide on the pipeline's permit by the end of 2011, but then delayed the … |
Source: news.google.com
Oil Options Volatility Steady as Futures Fall on Embargo Delay - Bloomberg
 Indian Express |
Oil Options Volatility Steady as Futures Fall on Embargo Delay
Bloomberg Oil options volatility slipped as underlying futures fell to a three-week low on news that an embargo on Iranian oil imports may be postponed. Implied volatility for at-the-money options expiring in March, a measure of expected swings in futures and a … Iran warns of consequences if Arabs back oil sanctions Timing of EU Oil Embargo on Iran Still in Question |
Source: news.google.com
GOP lawmakers ready pipeline options - Omaha World-Herald
Author: admin15 Jan
GOP lawmakers ready pipeline options - Omaha World-Herald
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GOP lawmakers ready pipeline options
Omaha World-Herald The Keystone XL would transport crude oil from Canada's tar sands region to Texas refineries, crossing Nebraska along the way. At one time, the State Department had planned to decide on the pipeline's permit by the end of 2011, but then delayed the … |
Source: news.google.com
Oil Options Volatility Rises as Futures Fall on European Debt - Bloomberg
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Oil Options Volatility Rises as Futures Fall on European Debt
Bloomberg Oil options volatility rose as the underlying futures fell for the first time in seven days after the European Central Bank said its balance sheet soared to a record high. Implied volatility for at-the-money options expiring in February, … |
Source: news.google.com
Timing of EU Oil Embargo on Iran Still in Question
Author: admin15 Jan
Timing of EU Oil Embargo on Iran Still in Question
BRUSSELS—A European Union embargo on Iranian oil could be enacted after a six-month grace period under one of the options being considered, but there is still no consensus on the matter, Brussels diplomats said Friday. “The discussions on new
Source: online.wsj.com
Trading A Possible Oil Spike With Options
In November, Pimco’s Greg E. Sharnow wrote an article on the effect of a strike on Iran’s nuclear facilities on the price of crude oil. He laid out four different scenarios that predict that a strike on Iran could produce a significant spike
Source: seekingalpha.com
UPDATE 2-Athabasca to sell 40 pct stake in oil sands project
Jan 3 (Reuters) - Athabasca Oil Sands Corp exercised its option to sell its 40 percent stake in the MacKay River oil sands project to a unit of PetroChina for C$680 million to focus on developing other projects. The Calgary, Alberta-based
Source: www.reuters.com
Hyperion developer ends land options for 700 acres
The land is part of 12,000 acres the Dallas company once had options to buy for the refinery project. The plant, which would be able to process up to 400,000 barrels of crude oil each day, has been in development for several years. Company officials have
Source: www.siouxcityjournal.com
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