April 23, 2020 | Canada, Headlines, Oil Train
(Source: Kallanish Energy, April 23, 2020) NEW YORK — Canada shipped a record-high daily volume of crude oil by rail in February for export to the United States, Kallanish Energy reports. The daily volume of crude oil shipments was 411,991 barrels per day, the Canada...
April 6, 2020 | Canada, Headlines, Oil Train
(Source: Freight Waves, April 6, 2020) CHATTANOOGA, Tenn. — The Canadian government has issued new guidance that revises how fast freight trains carrying dangerous goods can go. Full story: Freight Waves
April 2, 2020 | Canada, Headlines, Oil Train
(Source: Reuters, April 2, 2020) CALGARY — Canadian integrated oil and natural gas company Cenovus Energy said on Thursday it would reduce its full-year capital spending by another C$150 million ($106 million) and suspend its dividend, citing low global oil prices....
March 26, 2020 | Canada, Headlines, Oil Train
(Source: Canadian Press, March 20, 2020) CALGARY — Canadian crude-by-rail exports hit a record high in January but observers say they’ve likely fallen since then and stand to plummet even further as low oil prices force producers to cut growth spending and shut in...
March 25, 2020 | Canada, Headlines, Oil Train
(Source: Oil Price, March 24, 2020) LONDON — The Covid-19 virus and the ongoing oil price war have created such a large global supply surplus that Western Canada’s oil production will need to be cut from April by some 11%, or 440,000 barrels per day (bpd), Rystad...
March 24, 2020 | Canada, Headlines, Oil Train
(Source: Kallanish Energy, March 24, 2020) NEW YORK — Canada moved an all-time record high volume of crude oil by rail in January 2020, but those shipments are expected to dip in the coming months, Kallanish Energy reports. Full story: Kallanish...
March 23, 2020 | Canada, Headlines, Oil Train
(Source: Canadian Press, March 20, 2020) CALGARY — Canadian crude-by-rail exports hit a record high in January but observers say they’ve likely fallen since then and stand to plummet even further as low oil prices force producers to cut growth spending and shut in...
March 23, 2020 | Canada, CP, Headlines
(Source: CBC News, March 21, 2020) CALGARY — After a week of asserting its employees should not be subject to federal health advisories surrounding COVID-19, Canadian Pacific Railway has reversed course and ordered workers who have travelled abroad to stay home — but...
March 13, 2020 | Canada, Headlines, Oil Train
(Source: Freight Waves, March 13, 2020) CHATTANOOGA, Tenn. — Falling crude oil prices have prompted Canadian oil and natural gas producer Cenovus Energy to stop its crude-by-rail program temporarily. Cenovus is “temporarily suspending its crude-by-rail program and...
March 12, 2020 | Canada, Headlines, VIA Rail
(Source: Global News, March 11, 2020) MONTREAL — Less than 20 years ago, intercity commuters leaving Toronto at 5 p.m. could take an express Via Rail train from Union Station in downtown Toronto and arrive at Central Station in downtown Montreal in three hours and 59...
