Saudi, Venezuela and Mexico provide over half of all US waterborne crude imports

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It is aptly ‘National Puzzle Day‘ today, and the crude complex is responding accordingly and puzzlingly rallying like a mad thing,  despite the weak fundamental backdrop and a super-strong dollar. This upside also comes despite the seeming repudiation of a production cut meeting next month; Russia’s energy minister Alexander Novak said they had been approached […]
Categories: Canada, Crude oil
(Scott Dalton/Bloomberg)

Canada’s pipeline regulators can’t keep up with companies, audit finds

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The National Energy Board has come under fire recently as it grapples with about $18 billion in new proposed, controversial pipelines carrying oil sands crude.
(Daniel Acker/Bloomberg News)

Pipeline builders facing new obstacle in Western Canada: saboteurs

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Saboteurs represent the latest hassle Western Canada faces in getting its crude to coastal markets as plans to build new pipelines are stymied by environmental and legal challenges.
Categories: Canada, Crude oil, Pipelines
Two women sit outside the offices of the National Energy Board after locking themselves to the doors by placing bike locks around their necks, to protest the Kinder Morgan Trans Mountain Pipeline expansion, in Vancouver, Canada, on Monday, Jan. 18, 2016. The proposed $5-billion expansion would nearly triple the capacity of the pipeline that carries crude oil from near Edmonton to the Vancouver area to be loaded on tankers and shipped overseas. (Darryl Dyck/The Canadian Press via AP)

US tribes oppose massive pipeline expansion in Canada

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Kinder Morgan’s Trans Mountain project would nearly triple pipeline capacity from 300,000 to 890,000 barrels of crude oil a day. It would carry oil from Alberta’s oil sands to the Vancouver area to be loaded on to barges and tankers for Asian and U.S. markets.
In this March 25, 2014 photo, a worker oils a pump during a hydraulic fracturing operation at an Encana Corp. well pad near Mead, Colo. The first experimental use of hydraulic fracturing was in 1947, and more than 1 million U.S. oil and oil wells have been fracked since, according to the American Petroleum Institute. The National Petroleum Council estimates that up to 80 percent of natural oil wells drilled in the next decade will require hydraulic fracturing. (AP Photo/Brennan Linsley)

Keane Group may buy Trican’s pressure pumping business

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The talks are seen as a sign of more consolidations occurring in the struggling oil field services sector that is hit the hardest by the sharp downturn in oil prices, analysts said.
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British Columbia says Kinder Morgan hasn’t met pipeline conditions

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Kinder Morgan plans to almost triple the Trans Mountain line’s capacity to 890,000 barrels a day.
Categories: Canada, Pipelines
(Brent Lewin/Bloomberg)

Suncor, Canadian Oil Sands court investors as bid date nears

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Suncor has said it may walk away from the $3.1 billion bid if Canadian Oil Sands shareholders turn it down.
(Flickr/SalFalko)

Judge throws out lawsuit challenging Nebraska pipeline law

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A judge has thrown out a lawsuit challenging a Nebraska law that allowed the Nebraska governor to approve the proposed Keystone XL oil pipeline route through the state.
Norman "Junior" Powell, from the Bronx, New York, left, and Chris Robertson, of Ottawa, Ontario, clamp a length of drill rod on an operational training rig outside the EnForm training center in Nisku, Alberta, Canada. (Norm Betts/Bloomberg file photo)

Canada emerges from oil slump with 2.3 percent 3rd-quarter GDP growth

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The quarter ended with a monthly contraction of 0.5 percent for September, the largest since March 2009, as fires and maintenance shutdowns interrupted oil production.
Alaska Gov. Bill Walker (AP Photo/Mark Thiessen, File)

Alaska OKs buying out TransCanada’s interest in gas project

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The liquefied natural gas project would be one of the largest of its kind, with an 800-mile pipeline, a gas treatment plant and transmission lines connecting to gas fields, and a liquefaction plant and export terminal.
Categories: Arctic, Canada, LNG