Posts Tagged ‘Bakken’

Tight oil

Definition Tight oil refers to the light crude oil trapped in shale, limestone and sandstone formations characterized by very low porosity and permeability. Tight oil is normally a light crude oil found in the sedimentary formations that may also be called light tight oil (LTO) or tight shale oil or […]

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Carlyle and Sunoco to revive Philadelphia refinery

Philadelphia Refinery to rely on Marcellus shale gas Last year Sunoco Inc (Sunoco) had  announced to close the Philadelphia refinery in Pennsylvania, USA, on summer 2012 if no buyer could be found in the meantime. But the development of the shale gas in USA much faster than expected and in […]

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