Monday, 31 March 2025

Focus on Trans Mountain

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
BusinessFuelInfrastructureLabourNewsOilRailTransmissionTransport

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
BusinessFinanceFuelLiquefied Petroleum GasNewsOil

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
BusinessCourtsFuelNewsOilPoliticsRegulations

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...

The corporate logo of  Precision Drilling (TSX:PD) is shown. THE CANADIAN PRESS/HO
BusinessFuelInfrastructureNewsOilTransmission

Precision Drilling attributes Canadian rig demand growth to Trans Mountain pipeline

Precision Drilling sees 18% surge in Canadian activity post-Trans Mountain pipeline expansion, signaling renewed confidence.

News Release

Precision Drilling Announces 2024 Second Quarter Unaudited Financial Results

CALGARY, Alberta, July 30, 2024 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws....

News Release

International Petroleum Corporation Announces Second Quarter 2024 Financial and Operational Results and Releases Sustainability Report

TORONTO, July 30, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and...

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