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
March 27, 2018, 3:17 AM MDT
March 27, 2018, 10:22 AM MDT
March 26, 2018, 8:07 AM MDT
Widening light-heavy price differentials, due mainly to transportation challenges out of Western Canada, are beginning to take their toll on production.
March 22, 2018, 4:12 AM MDT
March 15, 2018, 6 AM MDT
The Alberta government’s recent offering of up to $1 billion in support for commercialization of bitumen partial upgrading (BPU) technologies isn’t just about “adding value” to products within Alberta. It’s also about addressing the industry’s challenges with tight access to pipeline capacity.
March 13, 2018, 6 AM MDT
March 7, 2018, 3:10 AM MST
March 5, 2018, 7:06 AM MST
Luc Jobin is leaving Canadian National Railway Company effective immediately, the company announced.
March 5, 2018, 9:55 AM MST
February 22, 2018, 3:34 AM MST
Throughout January and early February, Source Energy Services Ltd. experienced a number of weather related delays in rail shipments from its Wisconsin facilities.
February 20, 2018, 7:50 AM MST
February 15, 2018, 9:06 AM MST
February 13, 2018, 10:21 AM MST
To be fair, says top brass at MEG Energy Corp. the oil sector had not made the necessary commitments to increase crude-by-rail over the last few years, and that is what producers are working on right now with rail companies.
February 9, 2018, 6 AM MST
A new Western Canadian oil pipeline pinch had been widely predicted for the fourth quarter of last year. The corresponding increase in regional oil price differentials was expected to be gradual and moderate, with Canadian National Railway (CN) and Canadian Pacific Railway (CP) coming to the rescue of oil shippers, just as they did earlier this decade.
February 5, 2018, 6 AM MST
Canadian crude oil by rail exports climb again.
January 30, 2018, 6 AM MST
January 30, 2018, 11:56 AM MST
Canadian National Railway Company de-emphasized its crude-by-rail in Q4 2017 to save network capacity for Canadian grain, but since year-end western Canadian crude prices have improved to the point it creates a favourable pricing environment for crude-by-rail in the months ahead.
January 24, 2018, 6 AM MST