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 24, 2020 | DOT, Headlines, Oil Train
(Source: The Regulatory Review, March 23, 2020) WASHINGTON, D.C. — A new regulation from the Trump Administration may soon make it easier for U.S. companies to ship large quantities of liquefied natural gas (LNG), an increasingly valuable product. But the new...
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 18, 2020 | Headlines, Oil Train
(Source: OilPrice.com, March 17, 2020) NEW YORK — Plummeting oil prices have been the focus of attention ever since Saudi Arabia and Russia fired the first shots in what analysts see as a potentially devastating oil price war. Oil producers, however, are not the only...
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 10, 2020 | CP, Headlines, Oil Train
(Source: Freight Waves, March 9, 2020) CHATTANOOGA, Tenn. — Energy logistics providers USD Partners and Gibson Energy expect construction of a diluent recovery unit (DRU) to begin next month at the Hardisty Terminal in Alberta, Canada. The unit will enable freight...
March 9, 2020 | Canada, Headlines, Oil Train
(Source: CBC News, March 9, 2020) MONTREAL — Like they have since the small northern Ontario town was founded, trains rumble through Gogama several times a day, just steps from people’s homes. Gerry Talbot says in the last five years he looks at those oil trains...
March 6, 2020 | CP, Headlines, Oil Train
(Source: CBC News, March 6, 2020) CALGARY — Public police forces are choosing not to investigate major accidents at CN and Canadian Pacific Railway, including recent crude oil train crashes and deadly derailments, a CBC News investigation into Canada’s rail...
March 3, 2020 | Headlines, Oil Train
(Source: Utah Investigative Journalism project, in partnership with the Salt Lake Tribune, February 29, 2020) SALT LAKE CITY — Last June, Utah’s Permanent Community Impact Board (CIB) doled out $21.4 million from the state’s share of federal mining royalties toward a...