Tag: oil sands

U.S. shale oil growth hurts Canadians as well as OPEC

A surge of light oil from North Dakota and Texas is cutting into the earnings of Canadians who turn heavy oil sands into a lighter crude that fetches more from refiners.  More »

Senate tees up votes on Keystone XL, exports, climate

The chamber is expected to vote on as many as three amendments to GOP-backed legislation to authorize the TransCanada Corp. pipeline on Tuesday, with more than four dozen other possibilities on the horizon.  More »

Beaumont event touts benefits of Keystone XL

Crude has long coursed from Canada to Oklahoma through the existing Keystone pipeline. Southeast Texas connected to that line in January last year when the Keystone XL southern leg ending in Nederland was complete, and Gulf Coast plants are already refining crude from Canadian fields.  More »

Canadian oil firm to cut 1,000 jobs, curb spending

Suncor will also gut its operational expenses by $600 million to $800 million over the next two years.  More »

Shell to cut 5 to 10 percent of 3,000 oil sands jobs

A Shell official characterized the move as unrelated to the drop in commodity prices and intended to keep the company efficient and competitive.  More »

Could negotiation end Keystone XL showdown?

Sen. John Cornyn suggested Wednesday that GOP lawmakers and President Barack Obama could find a middle ground on the controversial pipeline.  More »

Democrats plan Keystone XL counterattack

Republicans are planning an all-out blitz for the Keystone XL pipeline, but Democrats are vowing a vigorous defense.  More »

Canadian heavy oil boosted as Imperial shuts Kearl operation

Operations were suspended after vibrations were detected in an ore crusher unit at the site, the company said in an e-mailed statement.  More »

GOP Chairman: Keystone XL will get approval if Republicans win Senate

Getting approval for TransCanada’s pipeline would be among the top priorities for a Republican-controlled Senate.  More »

Keystone foes energized as price pinches oil sands allure

TransCanada Corp. proposed the pipeline in September 2008 when oil was more than $100 a barrel.  More »

Keystone be darned: Canada finds oil route around Obama

From the Canadian perspective, Keystone has become a tractor mired in an interminably muddy field.  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 »

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 »

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 »

Photos: The other battle for Canada’s oil sands

As debate over the Keystone XL pipeline drags on in the United States, another contentious battle to move Canada’s oil sands crude to market hit a milestone last week.  More »
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