February 9, 2021 | Headlines, Oil Train
(Source: S&P Global Platts, January 29, 2021) HOUSTON — Canadian railway executives expect increased crude-by-rail shipments now that US President Joe Biden has essentially canceled the Keystone XL Pipeline project and as the much-litigated Dakota Access Pipeline...
January 29, 2021 | Headlines, Oil Train
(Source: Canadian Press, January 25, 2021) Canadian exports of crude oil by rail jumped 87 per cent in November as oil production rose in Western Canada amid limited pipeline capacity for heavy crude. The Canada Energy Regulator says rail shipments of oil amounted to...
January 26, 2021 | Headlines, Oil Train
(Source: CBC News, January 22, 2021) OTTAWA, Ontario — David Braziel, CEO of RBN Energy, an energy markets consultancy based in Houston, Texas, said that when the Keystone XL project was first announced, back in 2005, the U.S. was certainly in need of the additional...
January 20, 2021 | Headlines, Oil Train
(Source: KUOW, January 19, 2021) SEATTLE, Wash. — Even though an oil train derailed and burned for hours that day, government officials and oil-industry critics alike say the Puget Sound region got lucky on Dec. 22. No one was injured when the 108-car train derailed...
December 10, 2020 | Headlines, Oil Train
(Source: S&P Global Platts, December 9, 2020) HOUSTON — Many of the largest oil and natural gas companies in the U.S. and Canada jumped on the train to combat climate change in the second half of 2020 as they began to more fully embrace the energy transition and...
December 2, 2020 | Canada, Headlines, Oil Train
(Source: S&P Global Platts, December 1, 2020) HOUSTON — Canada’s crude-by-rail exports have crashed as the coronavirus pandemic saps fuel demand and frees up cheaper pipeline space. The biggest loser in the shift appears to be not Canada’s big...
November 25, 2020 | Headlines, Oil Train
(Source: Freight Waves, November 24, 2020) CHATTANOOGA, Tenn. — A New York congressman for the greater Rochester area is asking the U.S. Department of Transportation (DOT) to reverse a rule that allows the transportation of liquefied natural gas (LNG) unit trains....
November 19, 2020 | Headlines, Oil Train
(Source: Rochester City Newspaper, November 18, 2020) ROCHESTER, N.Y. — Rep. Joe Morelle is calling on a federal agency to reverse a new rule that allows railroad tankers carrying liquefied natural gas to roll through Monroe County. Full story: Rochester City...
November 11, 2020 | Canada, Headlines, Oil Train
(Source: Freight Waves, November 10, 2020) CHATTANOOGA, Tenn. — Last Friday, Canadian Minister of Transport Marc Garneau issued a new ministerial order that modifies existing speed restrictions related to the transport of dangerous goods via rail. The new order,...
November 10, 2020 | Canada, Headlines, Oil Train
(Source: Mining.com, November 9, 2020) VANCOUVER, B.C. — Shipments of crude oil by rail in Canada in 2021 are expected to remain below the peaks of the beginning of 2020, according to a new report by Moody’s Investor’s Service. But reputational and social risks...