Tag: Canada

Best path to U.S. energy security? Depends who you ask

Weaning the United States from crude shipped from overseas requires new policy solutions and a shift in thinking, but whether that means incentivizing oil and gas companies to drill more or investing in renewable energy depends on the perspective.  More »

Oil industry group offers crude-train testing standards

The oil industry’s lead trade group released new standards on Thursday for testing and classifying crude shipped by rail after prior shipments were misclassified, including a train that derailed in Canada and killed 47 people.  More »

Suncor looks east to find buyers for Western Canada crude

Suncor Energy Inc., the largest Canadian oil company by market capitalization, loaded its first tanker of heavy crude out of Canada’s eastern coast this week  More »

Buckeye Partners opening Port of Albany terminal to Canadian oil sands shipments

The Houston-based MLP said the rebuilt terminal will open this spring and would be ready for rail shipments of tar sands oil by the third quarter of 2014.  More »

Why Keystone XL Still Matters – 6 Years and Counting

Today marks the six year anniversary for TransCanada’s application for a presidential permit to build the remaining portion of the Keystone Pipeline system, better known as Keystone XL. After six long years of pushing paper in Washington, political rhetoric, and redundant studies, we still have inadequate infrastructure to manage the growing supply of crude oil […]  More »

Enbridge to shift $900 million pipeline segment to Houston affiliate

Enbridge Inc. has announced a $900 million deal shifting its 66.7 percent interest in the U.S. segment of the Alberta Clipper Pipeline to its Houston-based affiliate, Enbridge Energy Partners L.P.  More »

Canadian bank takings bid on Apache assets in Alberta

The Bank of Nova Scotia is taking bids for Apache Corp. assets in Alberta, according to marketing materials on its website, in what could signal the latest divestment effort by the Houston-based exploration and production company.  More »

Crude oil rides Texas’ rails with little tracking

For generations of producers drillers in Texas, where a vast pipeline system has grown with the fits and starts of the oil industry’s notorious business cycle, railroads provided little more than a relatively expensive last resort. But in the boom associated with the hydraulic fracturing, producers increasingly enlist trains to handle the glut.  More »

Enbridge avoids U.S. review with plan to boost oil sands flow

The State Department, responsible for approving cross-border energy projects like the Alberta Clipper and the proposed Keystone XL line to the U.S. Gulf Coast, said in a statement that Enbridge can go forward with its plan under authority granted by previously issued permits.  More »

Private equity, foreign buyers return to U.S. oil and gas deals

U.S. oil and gas deals jumped nearly 40 percent in combined value in the second quarter as a foreign buyers and private equity firms returned to the sales block to snap up oil-soaked shale.  More »

Rail terminal could bring more Canadian oil to Gulf

The oil industry isn’t waiting on the Keystone Pipeline to build a link between Canadian heavy crude and the Gulf Coast.  More »

Quebec town still recovering from train disaster

A year has passed since a runaway oil train slid quietly down a hill in the middle of the night and derailed in a series of explosions that obliterated a large swath of downtown Lac-Megantic, killing 47 people.  More »
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