After creeping back into the $30s on Monday, the WCS discount widened further on Tuesday.
September 12, 2018, 3:21 AM MDT
September 11, 2018, 3:30 AM MDT
September 10, 2018, 3:43 AM MDT
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September 7, 2018, 3:16 AM MDT
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August 24, 2018, 3:36 AM MDT
Canadian railways have made great strides in increasing oil export capacity since transportation bottlenecks forced some bitumen production to be shut in early this year.
August 17, 2018, 11:49 AM MDT
The Canadian heavy oil differential widened against the West Texas Intermediate (WTI) benchmark on Thursday.
August 17, 2018, 3:28 AM MDT
More than three years after suspending work on the nearly complete BlackGold SAGD project, Harvest Operations Corp. has commenced steam injection.
August 17, 2018, 11:10 AM MDT
August 16, 2018, 3:17 AM MDT
Pan Orient Energy Corp. continues to work with joint venture partners to move forward towards potential commercial expansion to 3,200 bbls/d at the Sawn Lake, Alberta steam assisted gravity drainage (SAGD) project.
August 16, 2018, 9:54 AM MDT
August 15, 2018, 3:10 AM MDT
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August 13, 2018, 3:10 AM MDT
Canadian oil output is estimated to have fallen by only 120,000 bbls/d month-on-month in June, despite extensive reported maintenance and an outage at the Syncrude upgrader, according to the International Energy Agency (IEA) in its monthly report on the oil market released this morning.
August 10, 2018, 2:40 AM MDT
August 10, 2018, 3:30 AM MDT
Gibson Energy Inc. president and CEO Steve Spaulding expressed confidence in the future of the oilsands, and for tankage demand, after yesterday announcing the sanction of one million bbls of new tankage at the Hardisty Terminal.
August 9, 2018, 8:34 AM MDT
August 9, 2018, 2:48 AM MDT
August 8, 2018, 2:58 AM MDT
Enbridge Inc. expects to be able to start construction of the Line 3 replacement project in Minnesota during the first quarter of next year and to meet its in-service target date for the second half of 2019, says the company’s chief executive.
August 3, 2018, 11:58 AM MDT
August 3, 2018, 4:10 AM MDT
August 3, 2018, 11:47 AM MDT
MEG Energy Corp. may have contracted capacity on pipelines to the U.S. Gulf Coast, but it’s having trouble using it due to a full Enbridge Inc. Mainline out of Canada.
August 2, 2018, 10:31 AM MDT