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
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...
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...
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...
Canada increases loan guarantees for Trans Mountain pipeline to $19 billion
The Canadian government has guaranteed another $1 billion in commercial loans for the Trans Mountain pipeline expansion, taking the total government-backed loan facility...
Canada amending Trans Mountain ownership regulations to help pipeline sale
Canada is amending regulations on how it manages the state-owned Trans Mountain oil pipeline in order to facilitate its sale to Indigenous groups,...
Canadian banks directed over US$100 billion to oil and gas last year: report
Canadian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual...
Pembina Pipeline says potential Trans Mountain purchase not a priority
Pembina Pipeline Corp. says while it remains interested in global export opportunities, it isn't devoting much time currently to exploring a potential purchase...
Canadian oil executives expect sustained period of strong crude prices: survey
Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to...
Suncor leasing oil tanker ships to carry crude from Trans Mountain pipeline expansion
Suncor Energy Inc. says it is leasing and operating a number of Aframax oil tanker ships to carry crude from the recently completed...
