Thursday, 19 September 2024

Focus on Trans Mountain Corporation

FILE PHOTO: A signpost sits near Enbridge?s Mackinaw facility, servicing the company?s existing underwater Line 5 pipeline and its planned replacement tunnel through the Straits of Mackinac between Lakes Michigan and Huron, in Mackinaw City, Michigan, U.S. February 25, 2024.  REUTERS/Carlos Osorio/File Photo
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Analysis: Trans Mountain pipeline expansion pushes rivals to cut rates

Transporting Canadian crude into the US will be cheaper – for now – as TMX rivals cut tariffs and rule out rationing pipeline...

News Release

The Board of Directors of Trans Mountain Corporation Announces Key Leadership Succession Appointments

CALGARY, Alberta, Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Trans Mountain Corporation is pleased to announce the appointment of Mark Maki, currently Trans Mountain’s Chief Financial...

FILE PHOTO: Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessFuelNewsOil

US West Coast refiners still waiting for TMX margin boost

Expected deliveries to West Coast US oil companies from Trans Mountain have failed to materialise, with TMX mostly exporting to Asia.

FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier
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Oil pipeline capacity to spare Canadian exports from looming rail dispute

Canadian rail labor dispute would be unlikely to significantly reduce oil exports to the US due to excess capacity on Trans Mountain pipeline

FILE PHOTO: The Suncor Energy logo is seen at their head office in Calgary, Alberta, Canada, April 17, 2019. REUTERS/Chris Wattie/File Photo
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Suncor Energy beats quarterly profit estimates on robust production

Suncor Energy beat analysts' estimates for Q2 profit on Tuesday, helped by higher oil prices and a rise in oil sands production.

FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier/File Photo
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Trans Mountain Pipeline interim tolls hearing scheduled for May next year

The Trans Mountain pipeline expansion's final toll hearing will begin May 14, with shippers disputing the rate hikes.

FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
NewsOil

Expanded Trans Mountain pipeline capacity fails to lift Canadian heavy oil price

Rather than shrinking the discount on Canadian oil versus US crude with TMX, oil prices have a wider difference than before.

News Release

FLINT Announces Second Quarter 2024 Financial Results

Growth continues in second quarter with revenues 12.8% higher than first quarterCALGARY, Alberta, Aug. 01, 2024 (GLOBE NEWSWIRE) -- FLINT Corp. (“FLINT” or...

FILE PHOTO: The Trans Mountain Burnaby Terminal tank farm is seen as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier/File Photo
BusinessFuelInfrastructureNewsOilTransmission

Trans Mountain pipeline loads 19 Aframax vessels in July, slightly below June levels

Canada's Trans Mountain pipeline loaded 19 Aframax ships in July, exporting about 330,000 bpd, slightly lower than June.

News Release

Cenovus announces second quarter 2024 results

CALGARY, Alberta, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered strong operational performance across its portfolio in...

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