Wednesday, 2 April 2025

Focus on Trans Mountain

News Release

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

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and...

rude oil tankers SFL Sabine, back left, and Tarbet Spirit are seen docked at the Trans Mountain Westridge Marine Terminal, where crude oil from the expanded Trans Mountain Pipeline is loaded onto tankers, in Burnaby, B.C., Monday, June 10, 2024. Trans Mountain Corp. says CEO Dawn Farrell will become chair of the company's board Sept. 1. THE CANADIAN PRESS/Darryl Dyck
BusinessFuelInfrastructureNewsOilTransmission

Trans Mountain Corp. to have new CEO as Farrell moves to board chair role

Trans Mountain says it is undertaking a CEO succession plan to replace Farrell, who has served as CEO since 2022.

News Release

Trans Mountain Corporation Announces Appointment of new Trans Mountain Board Chair

CALGARY, Alberta, July 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Trans Mountain Corporation today announced William (Bill) Downe’s retirement as...

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
BusinessElectionsFinanceFuelInfrastructureNewsOilPoliticsTransmission

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.
ClimateEnvironmentFuelInfrastructureNewsOilResiliencyTransmissionWeather

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
BusinessEconomyFinanceInfrastructureNewsOilRegulationsTransmission

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