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 Reporter October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Port Firm Fined £650,000 for Health, Safety Breach

A port operator has today (Monday 29 September) pleaded guilty to health and safety breaches, following the deaths of three crew members of a tug which capsized on the River Clyde in 2007.

IMO Takes Step Towards Electronic Certificates

In the future, the IMO member States should accept the use of electronic certificates. This is the request of the Facilitation Committee (FAL) and, hence, the road is paved for less paperwork,

K-Line to Plead Guilty to Price Fixing

Kawasaki Kisen Kaisha Ltd. (K-Line), a Japanese corporation, has agreed to plead guilty and to pay a $67.7 million criminal fine for its involvement in a conspiracy to fix prices,

Energy

Leak May Sideline New Mexico Nuclear Waste Site

It may be five years before a nuclear waste dump in New Mexico closed by a radiation leak is fully operational again, and the facility will need at least $240

Imperial Oil Completes Maintenance at Kearl Oil Mine

Imperial Oil Ltd said on Tuesday it has completed a two-week major maintenance turnaround at its 110,000 barrel per day Kearl oil sands mine in northern Alberta.

Swissco Doubles Rig Fleet

SGX Mainboard-listed Swissco Holdings Limited an integrated, international marine services provider, today announced having completed the acquisition of four additional mobile offshore drilling units,

Fuels & Lubes

Going Big for Sustainability

Orkot Marine Bearings, developed and manufactured by Trelleborg Sealing Solutions, contribute to the build of the world’s largest and most efficient containerships,

Kounalakis Joins OW Bunker N. America

OW Bunker, a reseller and physical supplier of marine fuels, announced the appointment of Georgia Kounalakis to its physical supply operation in North America.

Louisiana to Get Natural Gas Liquefaction and Fueling Facility

Tenaska Bayou LNG expected to meet growing marine, transportation and oil and gas exploration and production demand on the Gulf Coast Tenaska NG Fuels, LLC and Waller Marine, Inc.

News

Livorsi Launches New Throttle Lineup

Livorsi Marine introduced the all new Platinum Series throttles, which they say are designed to be more ergonomically comfortable to the operator while being lighter

Henderson, Hanes & Associates Opens Doors in Miami

Ocean Engineering/ Naval Architecture Firm Brings Innovation to the Mega Yacht Community The Miami-based ocean engineering and naval architecture firm of Henderson & Associates, Inc.

Austal Launches Trenton (JHSV 5)

Second Joint High Speed Vessel to be launched at Austal in 2014 On September 30, 2014, Austal USA successfully completed the launch process of Trenton (JHSV

 
 
Maritime Contracts Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1187 sec (8 req/sec)