Canadian crude-by-rail exports ended the year on a high note, surging again to a record high.
February 20, 2019, 10:26 AM MST
The National Energy Board (NEB) has dismissed a notice of application from Stand.earth including a request the board delay its report to the federal cabinet on the Trans Mountain Pipeline ULC expansion pending consideration of the indirect impacts of greenhouse gases from the project.
February 20, 2019, 9:37 AM MST
February 20, 2019, 4:27 AM MST
February 20, 2019, 8:16 AM MST
Enbridge Inc. expects to launch an open season in the second quarter of 2019 for a new contract offering on its Canadian Mainline following discussions with shippers, says the company’s CEO.
February 19, 2019, 4:09 AM MST
The locations of two core assets belonging to International Petroleum Corporation helped insulate the company from low commodity prices in Western Canada in the fourth quarter of 2018.
February 13, 2019, 4:09 AM MST
February 13, 2019, 8:34 AM MST
February 12, 2019, 3:58 AM MST
February 11, 2019, 3:45 AM MST
Acceleware Ltd. appointed two key executives, Laura McIntyre as vice-president, engineering and Brian LeBlanc as chief financial officer.
February 8, 2019, 12 AM MST
The U.S. has announced economic sanctions that effectively stop imports of Venezuelan oil. This leaves the complex refineries in Texas and Louisiana scrambling to find substitutes for the Venezuelan heavy oil they consume.
February 6, 2019, 5:56 AM MST
February 4, 2019, 8:46 AM MST
Capline Pipeline Company LLC announced that a binding open season is underway to solicit shipper interest for the Capline system's southbound service from Patoka, Ill., to St. James, La. or Liberty, Miss., with an additional origination point at Cushing, Okla., as part of a joint tariff with Diamond pipeline.
January 31, 2019, 12 AM MST
In the summer of 2017 I wrote the Venezuela crisis was nearing its endgame (see Impact Of New U.S. Economic Sanctions On Venezuela). It has been a long time coming, but based on recent events it appears the endgame is finally here for real, and it likely won’t be pretty.
January 28, 2019, 7:29 AM MST
January 25, 2019, 10:59 AM MST
January 24, 2019, 8:51 AM MST
Tallgrass Energy, LP and Kinder Morgan, Inc. announced an agreement to jointly develop a solution to increase existing crude oil takeaway capacity in the growing Powder River and Denver-Julesburg basins and to add incremental capacity to the Williston Basin and portions of Western Canada.
January 22, 2019, 6:32 AM MST
January 18, 2019, 11:42 AM MST
The discount between Western Canadian Select (WCS) and West Texas Intermediate (WTI) futures continues to narrow, hitting US$7.85/bbl on Thursday.
January 11, 2019, 11:08 AM MST
A pipeline reversal project that could give Canadian heavy oil and bitumen producers a new way to reach U.S. markets now appears more likely to proceed following a recent announcement of a planned binding open season.
January 11, 2019, 11:31 AM MST
The Net Energy Inc. differential between West Texas Intermediate (WTI) and Western Canada Select (WCS) narrowed substantially in December narrowing 56.87 per cent to average US$16.50/bbl, down from $38.26 in November.
January 3, 2019, 8:56 AM MST
Alberta Energy has finalized the curtailment consolidation and transfer of allocations process where operators can consolidate or transfer their curtailment allocations in order to meet their curtailment requirements.
December 21, 2018, 3:49 AM MST
Canadian crude oil exports by rail are continuing to set records.
December 21, 2018, 9:54 AM MST
December 19, 2018, 8:58 AM MST
Gear Energy Ltd. is currently forecasting to exit 2018 with inventories of approximately 40,000 bbls of heavy oil and 10,000 bbls of light oil that are anticipated to be sold in early 2019 at materially higher prices.
December 17, 2018, 6 AM MST