Crude-by-rail exports, which set a record in April, are expected to continue to rise as coastal refiners facing higher offshore prices look for cheaper crude in Western Canada where pipeline constraints have resulted in price discounts, say those in the industry.
July 16, 2018, 8:57 AM MDT
A record 193,468 bbls/d of Canadian crude oil was exported by rail in April, an increase of more than 13 per from an average of 170,622 bbls/d in March, according to the National Energy Board (NEB).
June 29, 2018, 6 AM MDT
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June 22, 2018, 10:28 AM MDT
June 12, 2018, 11:22 AM MDT
June 11, 2018, 10:32 AM MDT
The world’s shift to lower-sulphur marine fuels “is the biggest opportunity in a lifetime for Alberta,” says the head of the company building the province’s newest refinery.
June 8, 2018, 10:09 AM MDT
June 8, 2018, 11:31 AM MDT
More attention needs to be paid to the potential impact on heavy sour crude prices of new International Maritime Organization (IMO) rules that would significantly reduce sulphur emissions from ships’ fuel as of Jan. 1, 2020, the Platts energy forum heard Wednesday. ''
June 7, 2018, 6 AM MDT
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May 31, 2018, 6:33 AM MDT
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May 28, 2018, 6 AM MDT
The Alberta government has struck a crude-by-rail working group with industry to see what can be done to address the bottlenecks that are limiting the ability of Alberta crude producers to ship their crude to market via rail.
May 3, 2018, 3:04 AM MDT
April 27, 2018, 8:37 AM MDT
April 27, 2018, 6 AM MDT
Cenovus Energy Inc. believes rail access for Alberta oil producers will improve significantly, starting in the second half of this year and continuing into 2019.
April 26, 2018, 11:47 AM MDT
Having curtailed its crude-by-rail business over the last six months, Canadian National Railway Company will ramp up crude volumes in the back half of 2018 as construction work this summer replenishes network capacity.
April 24, 2018, 10:01 AM MDT
April 23, 2018, 6:53 AM MDT
Canadian Pacific Railway Limited moved 17,000 carloads of crude in Q1 2017, and management is discussing with existing customers and terminals about the opportunities for CP to grow that business segment later this year.
April 20, 2018, 9:27 AM MDT
British Columbia’s official opposition Liberal MLAs Tuesday demanded to know why the governing NDP is encouraging more crude to move by rail and in the process harming exports of other commodities by blocking the Trans Mountain expansion.
April 18, 2018, 7:59 AM MDT
April 18, 2018, 3:06 AM MDT
Following three years of steady losses, Canada's oil industry will return to profitability with pre-tax profits expected to reach $1.4 billion this year, says the Conference Board of Canada in a new report released this morning.
April 12, 2018, 10:36 AM MDT
March 29, 2018, 6:30 AM MDT
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