Thursday, 19 September 2024

Focus on Trans Mountain Corporation

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
EconomyFinanceInfrastructureNewsOilRegulationsTransmission

Canada’s Trans Mountain Pipeline weighs debt deal ahead of potential sale: report

Trans Mountain plans bond market refinancing to manage its C$25.3 billion debt ahead of the Canadian government's sale of the pipeline.

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
FuelInfrastructureNewsOilTransmission

Canadian crude exports from US Gulf Coast fall only slightly despite TMX startup

About 150,000 barrels per day (bpd) of Canadian crude were exported from the U.S. Gulf Coast in June, shipping tracking data showed.

FILE PHOTO: A tanker truck used to haul oil products operates at an oil facility near Brooks, Alberta, Canada April 18, 2018. Picture taken April 18, 2018. REUTERS/Todd Korol/File Photo
BusinessFuelInfrastructureNewsOilPoliticsTradeTransmission

US imports of Canadian crude hits record high following TMX startup

US imports of crude oil from Canada rose last week to its highest on record, data from the Energy Information Administration showed

News Release

PrairieSky Announces Second Quarter 2024 Results

CALGARY, Alberta, July 15, 2024 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its second...

FILE PHOTO: 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
IndigenousInfrastructureNewsOilPolitics

Japan, S. Korea refiners join China in buying Canadian TMX oil

The Trans Mountain pipeline, owned by the Canadian government, was expanded in May.

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
BusinessFuelInfrastructureNewsOil

Trans Mountain oil pipeline just shy of target for first-month loadings

Total crude exports from Vancouver were around 350,000 barrels per day.

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
AnalysisBusinessFuelIn-DepthInfrastructureOilTransmission

Canada’s Trans Mountain bets on last-minute oil shippers on high-cost pipeline

Canada's Trans Mountain oil pipeline will rely heavily on last-minute shippers to turn a profit, the corporation's financial projections show

FILE PHOTO: Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project is seen in Burnaby, from Cates park in North Vancouver, British Columbia, Canada May 1, 2024. REUTERS/Jennifer Gauthier/File Photo
BusinessEconomyNewsOilPoliticsTransmission

Trans Mountain revises heavy crude standards on pipeline after quality concerns

Canadian government-owned oil pipeline operator Trans Mountain last week revised standards for accepting crude oil on its recently expanded system after buyers raised...

BusinessEconomyNewsOilPoliticsTransmission

Crude quality issues on TMX pipe may hamper flows from Canada to US West Coast refiners

U.S. oil refiners and West Coast traders are flagging concerns about the quality of crude shipped on the newly completed Trans Mountain pipeline...

BusinessEconomyFuelNewsOilTradeTransmission

Chinese refiner Rongsheng buys its first Canadian TMX crude oil cargo

Chinese refiner Rongsheng Petrochemical has bought its first Canadian crude cargo via the recently expanded Trans Mountain pipeline (TMX) from TotalEnergies through a...

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