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The Trans-Panama Pipeline was opened in 1982 as an alternative to carry crude oil from the Pacific to the Atlantic Ocean. [1] In 1980s in average twenty supertankers, each with a capacity of a million barrels of crude oil, arrived each month at Puerto Armuelles from Valdez in Alaska, for transportation to the Caribbean Sea. [2]
At the first stage, the pipeline pumps natural gas from Colombia to Venezuela. [6] Transported gas is used by Petróleos de Venezuela S.A. for injection in its oil reservoirs to boost oil production. Natural gas is supplied by Ecopetrol and Chevron Corporation. [1] [6] The construction of the first stage cost US$467 million. [1]
Oil wells on wharves built out over the ocean, Summerland oil field, 1902. Known oil and gas fields in federal waters, offshore California (Minerals Management Service) Offshore oil and gas in California provides a significant portion of the state's petroleum production. Offshore oil and gas has been a contentious issue for decades, first over ...
In the first of a three-part series, FreightWaves examines prospects for liquid bulk transiting the Panama Canal. As tens of billions of dollars are spent building liquefied natural gas (LNG ...
The Carpinteria Offshore Oil Field is an oil and gas field in Santa Barbara Channel, south of the city of Carpinteria in southern California in the United States. Discovered in 1964, and reaching peak production in 1969, it has produced over 106 million barrels of oil in its lifetime, and retains approximately 2 million barrels in reserve recoverable with present technology, according to the ...
Coastal produced and marketed petroleum, natural gas, electricity, and coal.It also sold gasoline at Coastal-branded gas stations. By 1999, Coastal Refining and Marketing operated 962 gas stations in 33 states and was supplied by four refineries, including a 150,000 bbl per day refinery in Corpus Christi, Texas, a 180,000 bbl per day refinery in Eagle Point, New Jersey, a 250,000 barrel per ...
Barack Obama and daughter Sasha swim at Alligator Point in Panama City Beach, Fla., Saturday, Aug. 14, 2010. August 2; Flow Rate Technical Group reports that the well initially was dumping 62,000 barrels of oil per day initially after the spill and that it dwindled to 53,000 barrels when it was capped as the well was depleted. This means that 4 ...
Offshore drilling for oil and gas on the Atlantic coast of the United States took place from 1947 to the early 1980s. Oil companies drilled five wells in Atlantic Florida state waters and 51 exploratory wells on federal leases on the outer continental shelf of the Atlantic coast. None of the wells were completed as producing wells.