Oil pumped through refineries surges to “record high”

The amount of crude oil churned out from refineries reached a record high last month, according to the International Energy Agency’s monthly oil market report out yesterday. It states the global “throughputs” surged to a high of 78.9 million barrels per day (mb/d) in December. For the last quarter of 2014, this means oil processed […]

Hurricane Isaac cuts power supply for thousands

Thousands of homes on the east of the United States were left without power this morning after Hurricane Isaac hit southeastern Louisiana late yesterday. US supplier Entergy said 409,000 customers were without electricity this morning after high winds sparked “extensive” outages across its power grid. Repair efforts were being impaired by the storm’s lingering high […]

US activists question Philadelphia’s Governor on refineries shutdown

A group of 600 US activists marched to Philadelphia Governor Tom Corbett’s office yesterday to question him about the shutdown of three oil refineries. This follows the Governor’s lack of action to get answers from fuel providers, Sunoco and ConocoPhillips, who announced the shutdown of the refineries all based in or near Philadelphia. Reports say […]