September 11, 2018 | Headlines, Oil Train
(Source: S&P Global Platts, September 10, 2018) NEW YORK — Crude by rail is making a comeback as North American crude production outpaces takeaway pipeline capacity in the Permian and lower rail costs make Bakken margins attractive to both US Atlantic Coast and...
September 10, 2018 | CN, Headlines, Oil Train
(Source: Reuters, September 7, 2018) VANCOUVER/WINNIPEG — Cenovus Energy Inc., a major Canadian oil producer, has signed a deal to move more crude with the Canadian National Railway Co., a source with direct knowledge of the matter told Reuters. Full story:...
September 6, 2018 | Headlines, Oil Train
(Source: www.jwenergy.com, September 5, 2018) CALGARY, Alberta — Canadian crude by rail volumes are expected to continue breaking records all through next year as production exceeds pipeline export capacity. Trainloads of Canadian crude have reached new records in the...
September 5, 2018 | Headlines, Oil Train
(Source: Yahoo Finance Canada, September 4, 2018) MONTREAL — Moving oil by train could get 200 per cent more popular by the mid-2020s unless at least two pipeline projects are completed, according to an analyst who sees an “acute crisis” over getting oil to market...
September 4, 2018 | Headlines, Oil Train, UP
(Source: Progressive Railroading, August 31, 2018) Vista Proppants and Logistics LLC has entered into a definitive agreement with JupiterMLP LLC for transloading crude oil from truck to rail at its facility in Pecos, Texas. Full story: Progressive...
September 4, 2018 | Headlines, Oil Train
(Source: Houston Chronicle, September 4, 2018) HOUSTON — Oil producers in the Permian Basin, dealing with a shortage of pipelines, are increasingly turning to trucks and rail to ship the flood of crude from the West Texas oil field to refineries and export terminals...
August 31, 2018 | Headlines, Oil Train
(Source: Houston Chronicle, August 29, 2018) HOUSTON — A crude oil transport company has signed an agreement to start rail shipments out of its West Texas facility. Vista Proppants and Logistics of Fort Worth signed the deal with JupiterMLP to ship crude oil by train...
August 23, 2018 | Headlines, Oil Train, Short Line
(Source: Miami New Times, August 22, 2018) MIAMI, Fla. — Most of Florida East Coast Railway’s train tracks in Miami-Dade County pass through highly populated urban areas. If a gigantic tanker of liquid natural gas were to spill, ignite, or explode, it’s...
August 23, 2018 | Headlines, Oil Train
(Source: Canadian Press, August 22, 2018) CALGARY — The National Energy Board says crude-by-rail exports from Canada set another record in June, rising to 204,558 barrels per day. That’s up almost three per cent from 198,800 in May and 86 per cent from 109,500...
August 9, 2018 | Canada, Headlines, Oil Train
(Source: CBC News, August 8, 2018) CALGARY — The price gap between the Canadian oilsands benchmark and the more widely used American one has risen to its widest level in more than five years. Full story: www.cbc.ca
