December 11, 2019 | Headlines, Oil Train
(Source: Freight Waves, December 10, 2019) CHATTANOOGA, Tenn. — The Pipeline and Hazardous Materials Safety Administration (PHMSA) has granted a special permit to Energy Transport Solutions (ETS) to haul liquified natural gas (LNG) by rail, stoking objections by some...
December 11, 2019 | CP, Headlines, Oil Train
(Source: GlobalNews.ca, December 10, 2019) SASKATOON — A section of Highway 16 east of Saskatoon is closed after a train derailment and fire early Monday morning. Canadian Pacific Railway said the train hauling crude oil derailed west of Guernsey, Sask., at around...
December 4, 2019 | Canada, Headlines, Oil Train
(Source: Reuters, December 3, 2019) WINNIPEG, Manitoba — Some of Canada’s sludge-like heavy oil will move in an even thicker form on railways in an effort to avoid pipeline bottlenecks and reduce risks. Full story: Reuters
December 4, 2019 | Canada, Headlines, Oil Train
(Source: CBC News, December 3, 2019) OTTAWA — Production of crude oil in Canada will grow nearly 50 per cent by 2040 even though energy use per person will decline by more than 15 per cent, according to a long-term outlook released Tuesday by the Canada Energy...
December 3, 2019 | Canada, Headlines, Oil Train
(Source: OilPrice.com, December 2, 2019) CALGARY — Due to continued shortage of oil pipelines to take Canada’s oil to markets, Canadian producers plan to remove diluents from their oil sands production so they can load more of the heavy oil onto railcars than they...
November 21, 2019 | CP, Headlines, Oil Train
(Source: Canadian Press, November 21, 2019) MONTREAL — Canadian Pacific Railway Ltd. says it will acquire the Central Quebec and Maine Railway, which operates the tracks at the center of the Lac-Mégantic disaster in 2013. Full story: www.cbc.ca
November 21, 2019 | CN, Headlines, Oil Train
(Source: Financial Post, November 20, 2019) MONTREAL — The price of Canadian heavy crude weakened as a worker strike at the nation’s largest railway curbed oil shipments, exacerbating a supply glut that’s crippled Canada’s oil industry. Full story: Financial...
November 13, 2019 | Headlines, Oil Train
(Source: Reuters, November 12, 2019) WINNIPEG, Manitoba — Imperial Oil Ltd is increasing shipments of Canadian crude by rail, after the recent Keystone pipeline outage created more favorable economics, Chief Executive Rich Kruger said on Tuesday. Full story:...
November 8, 2019 | Headlines, Oil Train
(Source: Bloomberg, November 7, 2019) NEW YORK — The shutdown of one of Canada’s largest crude pipelines has shippers turning to rail to move their oil. Demand to transport crude by rail has picked up over the past week as TC Energy Corp. works to return its Keystone...
October 31, 2019 | Canada, Headlines, Oil Train
(Source: Calgary Herald, October 31, 2019) CALGARY, Alberta — Following months of discussions, the Alberta government will allow petroleum producers to increase their oil output levels above current provincial quotas, under certain conditions. Full story: Calgary...