Saturday, 22 February 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/File Photo
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Canada likely to delay Trans Mountain pipeline sale: report

Canadian government will likely stall the sale of the Trans Mountain pipeline until after the election in 2025, Bloomberg reported Friday

The MEG Energy Corp. logo is seen in this undated handout photo. THE CANADIAN PRESS/HO, MEG Energy *MANDATORY CREDIT*
BusinessFuelNewsOil

MEG Energy sees earnings rise in second quarter, announces dividend

MEG Energy boosts quarterly earnings to $234M and declares a 10-cent dividend per share, aided by the Trans Mountain pipeline expansion success.

Smoke rises from the Lower Campbell Creek wildfire (K51472) wildfire northwest of Beaverdell, British Columbia, Canada July 24, 2024.   BC Wildfire Service/Handout via REUTERS.
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Canadian wildfire reaches Jasper, firefighters battle to protect Trans Mountain pipeline

Wildfire forces 25,000 to evacuate from Jasper; firefighters protecting critical infrastructure, including the Trans Mountain Pipeline.

News Release

Athabasca Oil Announces 2024 Second Quarter Results highlighted by Record Free Cash Flow, 28,000 bbl/d Milestone at Leismer and Strong Duvernay Well Results; Sanctioning Progressive Growth to 40,000 bbl/d at Leismer

CALGARY, Alberta, July 24, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its second...

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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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
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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.

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