Refineries in US East Coast have minimal pipeline access so bring in Western Canadian crude oil by rail In March of 2018, Canadian oil volumes exported by rail reached a 3-year high of over 170,000 [Read more]
A number of major US shale companies sold their crude through futures contracts at about $55/barrel, and are now missing out on the $70/barrel crude prices. Apache photo. Wall Street investors disappointed in US shale [Read more]
The Trudeau government bought Trans Mountain pipeline from Kinder Morgan on May 29 after the company threatened to bail on construction of the Trans Mountain pipeline expansion project. Trans Mountain photo. Federal government’s financial advisor [Read more]
Drag-reducing agent, or DRA, sales in the US and Canada are booming as pipeline companies struggle to get ahead of bottlenecks in their systems due to rising output. TransCanada photo. DRA sales growing by about [Read more]
Kinder Morgan’s Trans Mountain pipeline project is facing fierce opposition from the BC government, environmentalists and some First Nations. Canadian Finance Minister Bill Morneau said the Canadian Pension Plan could be possible investors in the [Read more]
Of 160 natural gas pipeline projects in US, 37 completed or under construction and expected to come into service by end of 2018 The U.S. Energy Information Administration(EIA) expects construction of new natural gas pipeline [Read more]
Canada’s Finance Minister Bill Morneau blamed the government of British Columbia for the delay in the construction of the Kinder Morgan Trans Mountain pipeline expansion project. Reuters photo by Chris Wattie. Kinder Morgan stopped non-essential work [Read more]
TransCanada could begin clearing land in Montana this fall, as part of the initial steps in construction of its highly contentious Keystone XL pipeline. Canadian Press photo by Alex Panetta. TransCanada expects construction of Keystone [Read more]
A leak in the Keystone pipeline last November shut down the Alberta to US pipeline. Once repairs were complete, US pipeline safety regulators imposed pressure restrictions on the pipeline and reduced shipments of crude were [Read more]
Canadian Natural Resources Ltd, or CNRL, says it will drop its output this spring as bottlenecks in crude transportation in Canada continue to pressure oil prices. CNRL photo. CNRL shares down 2 per cent Thursday [Read more]
Suncor CEO Steve Willimas said he is confident both the Kinder Morgan Trans Mountain and Enbridge Line 3 pipelines will be built. Suncor photo. Suncor CEO says high Canadian discount had no impact on earnings [Read more]
The chief executive of Cenovus Energy says Canadian rail companies have hired and are training crew and are reactivating a number of locomotives to handle increased oil by rail shipments in the second half of [Read more]
A Minnesota judge has agreed that the Enbridge Line 3 replacement project is necessary, but has rejected the Calgary-based company’s preferred route. Enbridge graphic. Enbridge Line 3 project valued at $8.2 billion On Monday, a [Read more]
Drilling rig count in state increased, averaging 20 rigs in 2016 and 33 in 2017 Pennsylvania’s marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf/d) in 2017, 3% higher than the [Read more]
On Sunday, Kinder Morgan Canada announced it will walk away from its Trans Mountain pipeline expansion project if disputes between BC and Alberta are not settled by May 31. Shutterstock photo by Art Babych. Existing 300,000 [Read more]
On Sunday, Kinder Morgan Canada announced it will be suspend most of the work on the company’s $7.4 billion expansion of the Trans Mountain pipeline. Trans Mountain photo. Trans Mountain pipeline expansion would have tripled [Read more]
Permian basin production may be slowed or even shut in this year because of limited space on pipelines to transport crude out of the oil rich region. Williams Ranch Group photo. Permian basin production is [Read more]
A shipment of Alberta oil sands crude shipped by rail to terminal in Portland Oregon sailed to China last January. Northwest Engineering photo. Nearly all Alberta oil sands crude exports go to the US According [Read more]
The Trump steel tariff would add 25 per cent to the cost of imported steel and 10 per cent to imported aluminum. Trump steel tariff could significantly impact US energy pipeline industry A number of [Read more]
Tim McKay, President of CNRL says his company may also reduce its heavy oil drilling program in the second half of this year, and instead, drill more light oil. CNRL photo. CNRL is delaying completion [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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