Now, to watch another episode of Columbo and then to watch episode 2, season 1 of Fargo.
David Lynch lite.
And unlike Lynch, one can actually follow the plot of Fargo.
Also, similar to Twin Peaks.
A number of blasts hit Baqiq industrial city in the Southern Saudi province of Jizan where the kingdom's giant Aramco oil facilities is located.
The local residents of Al-Sharqiya region where the Baqiq industrial city and the Aramco oil facilities are located confirmed huge explosions near the huge oil facilities, the Arabic-language media outlets reported on Tuesday.
Baqiq industrial city belongs to Aramco oil company which itself is Saudi Arabia's biggest economic enterprise.
Jizan Province marked:The oilfields of Aramco, including Qawareh oilfield, are located in Shiite-populated Eastern Saudi Arabia.
British oil and gas company BP announced plans on Tuesday to slash 5 percent of its global workforce in the face of a continued slump in oil prices.
It said it aims to reduce its global oil production, or upstream, headcount by 4,000 to 20,000 as it undergoes a $3.5 billion restructuring program. BP said its headcount totaled around 80,000 at the end of 2015.And even that paragraph is not quite correct. The writer says the upstream headcount will be reduced to 20,000. In fact, the upstream headcount will be reduced to less than 20,000. Big difference.
"We want to simplify (our) structure and reduce costs without compromising safety. Globally, we expect the headcount in upstream to be below 20,000 by the end of the year," a company spokesman said.The article's "5%" is this: 5% of 80,000 is 4,000. So, in this round of job cuts, BP will cut 5% of its total workforce, but for those working upstream, it's a lot worse: upwards of 16.7% will be cut (4,000/24,000 = 16.7%). See first comment; my original calculation, at 20%, was wrong.
El Nino and the warm winter weather are being blamed for the weak demand for distillate fuel oil in the United States, but the slump in oil production is probably having a bigger impact.
The oil industry was the fastest-growing customer for middle distillates like diesel between 2009 and 2014.
The oil industry itself accounted for 20 percent of all the increase in diesel consumption during the five-year drilling boom.One wonders to what the significant drop in gasoline demand can be attributed to the slump in the oil and gas industry.
Businesses engaged in oil drilling, pipelines and refining consumed 2.1 billion gallons of diesel in 2014, the most recent data available, up from just 760 million gallons in 2009.
By 2014, oil producers accounted for 3.5 percent of all distillate fuel oil sales in the United States, up from 1.4 percent in 2009.
Canadian crude oil is still making its way south into the U.S. despite the decision by the Obama administration to reject the project plan for TransCanada’s Keystone XL pipeline.
Most recently, Houston-based USD Group announced that it plans to double the capacity of its rail terminal in Hardisty, adding heavy crude oil, butane and propane to the mix of products it can load at the terminal.
The Hardisty terminal is relatively new, only having started operations in June 2014. It currently has the capacity to load up to two 120-railcar unit trains per day.
Crude oil is delivered to USD Group’s termian via pipeline from Gibson Energy’s Hardisty storage terminal, which holds 6 MMBO, according to USD Group.
The expansion would add capacity for an additional two 120-car unit trains per day, doubling the facilities loading capacity, reports Edmonton Journal. The expansion would supplement existing pipelines and “reduce transportation constraints of oil products in a cost-effective and environmentally responsible manner,” USD Group subsidiary USD Terminals Canada says in a project summary filed with the Canadian Environmental Assessment Agency.
The Minnesota Power’s Great Transmission Line that would help supply the company’s northeastern Minnesota customers with renewable energy has cleared an important hurdle.
An administrative law judge has recommended approval of a route permit for the line, which is designed to bring renewable hydroelectricity from Canada to northeastern Minnesota.
The 500-kilovolt, 220-mile line would run from the Canadian-U.S. border northwest of Roseau, Minn., to an expanded Blackberry electric substation east of Grand Rapids.
Administrative Law Judge Ann C. O’Reilly issued her findings of fact, conclusions and route recommendation for the project earlier this week.
The Minnesota Public Utilities Commission (MPUC) has final authority over selection of the eventual route. That decision is expected by March 2016.