Oil-By-Rail Refiners Say Regulators Will Have Data By End Of May

Posted by Joseph R. Fonseca
Friday, May 09, 2014
Oil by Rail

 

U.S. regulators seeking data from refiners in the effort to gauge the volatility of North Dakota Bakken crude being shipped by rail will have the information by the end of May, according to the industry's trade group.

Seventeen companies have anonymously submitted data from more than 1,000 samples to an undisclosed third-party auditor hired by the American Fuel and Petrochemicals Manufacturers (AFPM), the U.S. independent refining industry's trade group, the group's general counsel, Rich Moskowitz, said on Friday.

A technical consultant is compiling the information into a report to be submitted to the U.S. Department of Transportation by month's end, Moskowitz said. It will be submitted without companies identifying themselves because they consider the data proprietary.

A spate of fiery crude train crashes has prompted regulators to examine oil-by-rail safety. Earlier this year DOT's Pipeline and Hazardous Materials Safety Administration (PHMSA) called for Bakken operators and shippers to share crude testing data to help regulators evaluate the volatility of oil produced there.

DOT did not set a deadline, but last week it identified only three companies it said have shared such data: Exxon Mobil Corp, Continental Resources Inc and privately held Savage Companies.

On Friday, a DOT spokeswoman said the agency had received data from two more companies - independent refiner Phillips 66 and pipeline company Plains All American. The spokeswoman said it was possible that more companies had sent data that DOT hasn't yet received or that an organization was compiling data, like AFPM's consultant.

The spokeswoman said a website where DOT posts companies that have shared information was being updated, but it still did not display Phillips or Plains as of late Friday afternoon.

Plains told Reuters that the company shared crude sampling data from several Bakken locations with DOT in mid-March.

Other companies say they have shared data as well. Oil producer Hess Corp said the company has shared such data with DOT personnel in North Dakota.

J.P. Fjeld-Hansen, managing director at Musket, a privately held trading and logistics company with Bakken oil-loading operations, also said crude shipped from its facilities "is properly tested, classified and reported to DOT". He said PHMSA and DOT have visited Musket's crude loading facilities several times this year.

In addition to Phillips, Tesoro Corp also said they also are sharing data through the AFPM initiative.

"We want to find a solution and work with regulators on that," said Phillips 66spokesman Dean Acosta.

(Reporting by Kristen Hays; Editing by Peter Galloway and David Gregorio)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Hanjin Vessel Seized in South Africa

Hanjin Shipping-operated bulker Hanjin Paradip has been arrested by a South Africa for alleged unpaid charter fees.    The 82,158 dwt bulker, which has been used to transport grain and minerals,

Fos Tanker Queue Grows as Strike Impacts Refinery Ops

Nearly two dozen vessels were queued outside the French oil import terminal in Fos, southern France on Thursday, held up by a strike organised by the hardline CGT

Aquino: China Breaks South China Sea Deal

Philippine President Benigno Aquino on Thursday accused China of breaking a U.S.-brokered deal between the two nations on the Scarborough Shoal, an uninhabited rocky outcrop in the South China Sea.

Energy

China COSCO Moving to Offshore Winds

China COSCO Shipping, which uses bulk carriers and container vessels to transport goods, has seen its cargo business decline amid China's slowdown and has decided

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

Seacat Services Secures Burbo Bank Charter Deal

DONG Energy has awarded  offshore energy support vessel operator Seacat Services with the supply contract for all crew transfer services at its 258MW Burbo Bank

Fuels & Lubes

WSS: Post-combustion Fuel Treatment Cuts Vessel Costs, Risk

Wilhelmsen Ships Service, a provider of products and services to the shipping industry, is advising vessel operators to wage war on soot. According to WSS, soot

EGAS: Egypt to tender for 10 LNG Cargoes

Egypt will tender next week to import 10 cargoes of liquefied natural gas (LNG) for delivery in July and August, an official from the state gas company, EGAS, said on Thursday.

ABB Saves 700,000 tons Fuel for Marine Vessels

ABB’s environmental friendly Azipod propulsion system brings greater fuel efficiency to diverse shipping segments ABB today announced the total fuel savings

News

Bay Shipbuilding Delivers ATB to Moran

Fincantieri Marine Group’s Fincantieri Bay Shipbuilding (FBS) has delivered the Articulated Tug Barge unit (ATB) Barbara Carol Ann Moran and the 110,000-barrel

Conrad Shipyard Christens Woods Hole Ferry

M/V Woods Hole, a 235-foot long passenger ferry built for the Steamship Authority of Woods Hole, Mass., was christened on May 20 at Conrad Aluminum in Amelia, La.

Ferry Crew-member Missing off Pembroke Coast

HM Coastguard is coordinating the search for a missing crew-member from a ferry, who it is believed may have gone overboard off the Pembroke coast.   The Coastguard

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1185 sec (8 req/sec)