Reuters WINNIPEG, Manitoba – Western Canadian oil stocks climbed to a record high 39 million barrels as of Nov. 29 due to a temporary outage of the Keystone oil pipeline and a strike by Canadian National Railway Co workers, data provider Genscape said on Thursday. Despite the rail strike, Canadian rail loadings in November averaged a record-high 351,000 barrels per
Federal regulators have ordered that the portion of the Keystone pipeline that began leaking last week stay shut down until further notice. The pipeline, which has leaked more than 383,000 gallons of oil in a field near Edinburg, N.D., has been shut down since Oct. 29. A little more than half of the oil has been cleaned up from the
Reuters A U.S. regulator on Tuesday ordered that a segment of the Keystone pipeline that spilled more than 9,000 barrels of crude in rural North Dakota remain shut until operator TC Energy submits a restart and return-to-service plan because of the hazards posed. The corrective action order by the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) finds that continued
Houston Chronicle The Keystone crude pipeline was shut Wednesday after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years. TC Energy Corp.’s 590,000 barrel-a-day pipeline that carries crude from Alberta to refineries in the U.S. Midwest and Gulf Coast ruptured October 29 near the city of Edinburg in
But TC Energy says no mainline construction planned for 2019 From UPI June 8 (UPI) — A federal appeals court has ruled in favor of the Keystone XL pipeline moving forward by overturning a lower court injunction, but U.S. construction is still delayed. A 9th U.S. Circuit Court of Appeals panel ruled in favor Thursday night of the Trump administration
From Bloomberg Producers already grappling with shortage of pipeline space TransCanada line seen as key to relieving that congestion A Montana federal judge’s ruling that threatens to further delay TransCanada Corp.’s Keystone XL pipeline comes at one of the worst possible times for the Canadian oil industry. Energy producers in the northern nation already are struggling with a shortage of pipeline
From The Canadian Press CALGARY – A regulator’s lifting of pressure restrictions on the Keystone oil pipeline in the United States earlier this week is expected to help reduce discounts being paid for Western Canadian heavy crude. Matthew John, spokesman for Calgary-based pipeline owner TransCanada Corp., says the order was limited to a small part of the pipeline following a
On November 9, 2017 TransCanada Corporation (ticker: TRP) announced the company’s financial results for the third quarter of 2017. In the company’s press release, TRP reported a net income attributable to common shares for third quarter 2017 of $612 million or $0.70 per share compared to a net loss of $135 million or $0.17 per share for the same period
Mar. 24, 2017: TransCanada receives Presidential Permit to move forward with Keystone XL pipeline construction After enduring more than eight years of permitting hell, topped at the seven-year mark with a flat rejection by President Obama’s State Department, today TransCanada (ticker: TRP) finally has a U.S. Presidential permit in hand for the Keystone XL pipeline. The Presidential permit officially greenlights the
Former Enbridge CEO Daniel sees possible re-application for Keystone XL Former Enbridge CEO Patrick Daniel told BNN today that he is believes Donald Trump’s victory will be positive for cross-border energy pipeline projects, starting with the Keystone XL pipeline, the final application for which was turned down by the Obama administration a year ago after seven years of permitting activity.
TransCanada seeks US$15 Billion from the U.S. government for breaches of NAFTA – following President Obama’s decision to nix the Keystone XL pipeline The next chapter in the Keystone XL pipeline saga is officially underway. On Friday, June 24, 2016, TransCanada Corporation (ticker: TRP) filed an official request for arbitration against the government of the U.S., under the rules of
Trump’s energy message is job-focused; presumed Republican candidate says he intends to remove barriers that block the development of America’s energy resources In a campaign speech in North Dakota last week, presumed Republican presidential nominee and real estate developer Donald J. Trump laid out his energy plan for the country. Trump’s characterization was that his plan represents “energy reform that creates trillions in new wealth.” Below are
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