Canadian oil is continuing to ride the rails in record quantities.
October 25, 2018, 11 AM MDT
On Monday afternoon Premier Rachel Notley announced the province of Alberta will be presenting a business plan to the federal government by early next week outlining several strategies — including getting the feds to invest in locomotives and tanker cars — to support the rapid ramp up of crude-by-rail shipments as a short- to medium-term method to quell massive discounts for western Canadian oil.
October 24, 2018, 7:07 AM MDT
Canadian National Railway Company continues to ramp-up crude-by-rail volumes as its petroleum and chemicals segment increased third quarter revenues by 25 per cent and carloads by five per cent.
October 24, 2018, 10:22 AM MDT
Alberta is making its case to increase the takeaway capacity of crude-by-rail.
October 23, 2018, 3:29 AM MDT
Canadian Pacific Railway Ltd. transported about 23,000 carloads of crude during the third quarter as the company continues to grow its crude-by-rail offerings with an eye toward 100,000 annually by early next year.
October 19, 2018, 9:04 AM MDT
October 17, 2018, 7:46 AM MDT
October 2, 2018, 3:43 AM MDT
Tidewater Midstream and Infrastructure Ltd. announced definitive agreements with TransAlta Corporation for the construction, operation and tolls payable with respect to the previously announced pipeline connecting Tidewater's Brazeau River Complex to TransAlta's generating units at Sundance and Keephills.
October 1, 2018, 7:44 AM MDT
Cenovus Energy Inc. has signed three-year deals with major rail companies to transport approximately 100,000 bbls/d of heavy crude oil from northern Alberta to various destinations on the U.S. Gulf Coast.
September 27, 2018, 3:45 AM MDT
Canadian crude-by-rail exports are continuing to reach new highs.
September 27, 2018, 9:45 AM MDT
September 25, 2018, 8:50 AM MDT
September 25, 2018, 9:57 AM MDT
September 20, 2018, 3:51 AM MDT
September 17, 2018, 3:29 AM MDT
September 13, 2018, 3:37 AM MDT
September 10, 2018, 3:43 AM MDT
With a Federal Court of Appeal ruling having jeopardized the chances of the Trans Mountain pipeline expansion proceeding, any prospect of new market access for Canadian bitumen producers would be considered good news.
September 5, 2018, 8:16 AM MDT
August 24, 2018, 3:36 AM MDT
After reporting a high of 198,788 bbls/d in May, Canadian crude-by-rail exports reached new highs in June, cracking the 200,000 bbl/d-mark.
August 23, 2018, 3:27 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
Baytex Energy Corp. is doing its part to contribute to record levels of western Canadian crude being shipped to market via rail.
July 31, 2018, 10:54 AM MDT
For the second month in a row, a record amount of crude oil was exported by rail in May, according to the National Energy Board.
July 27, 2018, 7:53 AM MDT
Mullen Group Ltd. has approved a capital budget increase of $20 million, increasing to $60 million from $40 million — a direct result of recent positive announcements regarding the oil and natural gas sector along with some accretive investment opportunities within the Oilfield Services (OFS) segment.
July 27, 2018, 11:11 AM MDT
Cenovus Energy Inc. CEO Alex Pourbaix asked investors for patience on Thursday as the company works on an agreement to ship large volumes of its crude by rail in order to manage ongoing market access issues.
July 26, 2018, 11:08 AM MDT
Higher prices drove increased revenue from crude-by-rail in the second quarter of 2018 despite “fairly flat” volumes, the new CEO of Canadian National Railway Company said Tuesday.
July 25, 2018, 7:14 AM MDT