Downstream News

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Pipeline Rationing Report Causes WCS-WTI Spread to Widen
Wednesday, February 20, 2019 Canadian heavy crude slips as pipeline rationing set to rise.

East Canada LNG Seeks Go-Ahead on $7.5B Plant
Thursday, February 14, 2019 A $7.5 billion liquefied natural gas project in East Canada focused on Europe is seeking to get the go-ahead this year.

Pipeline Shutdowns Cause Canadian Crude Prices to Plummet
Thursday, February 07, 2019 Canadian crude weakened after two critical oil pipelines remained partially shut amid an investigation into a possible leak in Missouri.

Suncor Sees Alberta Oil Cuts Ending Early
Wednesday, February 06, 2019 Suncor CEO Steve Williams says he expects Alberta's mandated oil-production cuts to end earlier than planned.

Oil-Sands Companies Throw New Tech at Old Foe
Wednesday, January 23, 2019 Canada's oil-sands companies have been ramping up efforts to get their peanut butter-like bitumen to flow through pipelines more easily and cheaply.

Nearly $1B Awarded for Canada LNG Project
Tuesday, January 22, 2019 The British Columbia project will boast unimpeded access to LNG customers in Asia.

Husky Ends MEG Takeover Bid
Thursday, January 17, 2019 Husky Energy abandons its hostile bid to acquire MEG Energy Corp after failing to win support from shareholders and the board of the rival oil-sands producer.

Canadians Back Trudeau's Pipeline
Wednesday, January 16, 2019 A wide margin of Canadians support an oil pipeline that Prime Minister Justin Trudeau's government is pushing to build.

Truce Reached over Canadian Shell Pipeline
Thursday, January 10, 2019 A truce was reached in a dispute over a natural gas pipeline in western Canada.

TransCanada Drops 'Canada' From Its Name
Wednesday, January 09, 2019 TransCanada Corp. is taking the Canada out of its name.

Canadian Crude Surges
Tuesday, January 08, 2019 Heavy Canadian crude surges to the strongest level in more than a year.

TransCanada Hopes to Start Construction on Keystone by Summer
Tuesday, January 08, 2019 TransCanada is hoping to start construction by June on its decade-old Keystone XL oil pipeline project.

Alberta Seeks Oil Glut Solution
Monday, January 07, 2019 What's worse: Too much oil, or too much gasoline?

Oil Sands Rebound in 2019
Thursday, December 27, 2018 The Canadian oil industry could be in for another turbulent year in 2019, depending on how some pivotal events pan out.

Suncor Works with Alberta Govt to Mitigate 'Unintended Consequences'
Friday, December 14, 2018 Suncor is working with Alberta's government to help mitigate the 'unintended consequences' of mandated oil production cuts.

Canadian Natural Cuts Spending on Lack of Shipping Options
Wednesday, December 05, 2018 The pipeline shortage that has been strangling the Canadian oil industry is weighing on spending plans for next year.

Canadian Heavy Crude Surges After Alberta Imposes Oil Cuts
Monday, December 03, 2018 Canadian heavy crude strengthened the most since June.

Keystone XL Oil Pipeline to Face Another Environmental Review
Friday, November 30, 2018 TransCanada's long-delayed Keystone XL oil pipeline will face another round of environmental scrutiny.

Alberta to Buy Rail Cars to Ship Crude Amid Pipeline Pinch
Thursday, November 29, 2018 Alberta is working to buy rail cars to help ship more crude as pipeline bottlenecks have the oil-rich province grappling with historic low prices.

Canada's Output Grows Despite Pipeline Problems
Wednesday, November 28, 2018 Canada's lingering crude glut isn't hindering the country's growing oil output, according to the National Energy Board's most recent forecast.

Canada's Oil Industry Needs $40B to Flourish
Tuesday, November 27, 2018 Canada has a nearly unlimited hydrocarbon resource, so importing oil nations around the world are increasingly seeking the country to supply resources.

Trudeau is Said Not to Favor Crude by Rail Plan
Friday, November 23, 2018 Justin Trudeau's government is unlikely to heed Alberta's plea for new trains to alleviate the country's oil crisis, federal officials say.

More Refineries on the Horizon for Alberta
Monday, November 19, 2018 Alberta will pursue building new refineries as the oil-rich Canadian province looks to weather a crude price crunch, while a forced production cut remains an option.

Heavy Canadian Crude Falls to Record Low
Friday, November 16, 2018 Heavy Western Canadian Select crude fell to a record low.

Canadian Oil Patch Loses Patience with Country's Lack of Support
Thursday, November 15, 2018 The Canadian oil patch is losing patience with the country's lack of support for the industry.

Canada's Oil Patch Feels Double Pain with Cuts and Prices
Monday, November 12, 2018 Canada's oil producers can't catch a break.

Oil Groups Warn Trudeau's Reforms Will Make it Worse
Thursday, November 08, 2018 It's a rough time in Canada's oil patch, and the energy industry is warning that Justin Trudeau is about to make it worse.

Oil Producers in Canada Look to Rosier Future
Friday, November 02, 2018 The sun will come out tomorrow, or at least some time next year. That's the message from Canadian oil producers suffering from the worst domestic glut in at least a decade.

TransCanada Moves Ahead with $1.5B NOVA Gas Expansion
Thursday, November 01, 2018 The pipeline company announced it will forge ahead with its expansion plan.

Suncor Profit Tops Estimates
Thursday, November 01, 2018 Suncor posts third-quarter profit that topped analysts' estimates.

Canadian Producers Turn to Oil Trucks
Wednesday, October 31, 2018 The highways of Saskatchewan show just how desperate Canadian oil producers are to get their crude to market.

Cenovus Sees End in Sight for Canadian Crude Bottlenecks
Wednesday, October 31, 2018 Cenovus says the end may be in sight for the pipeline bottlenecks that have throttled Canadian crude prices.

BP Refineries Run at 15-Year High
Tuesday, October 30, 2018 BP ran its oil refineries at the hardest rate in 15 years during the third quarter, racing to profit from unusually cheap Canadian crude.

Crude, Pipeline Woes Loom Over Oil-Sands Earnings
Thursday, October 25, 2018 Forgive Canada's oil-sands producers for the whiplash.

CN Rail Vies for Crude-Hauling Crown
Wednesday, October 24, 2018 Canadian National Railway Co. expects to set a record for crude-by-rail shipments next year as it vies with Canadian Pacific Railway Ltd. to dominate a booming market.

CP Rail CEO Sees Boom-Time Oil Loads as Pipe Pinch Roils Canada
Friday, October 19, 2018 Boom times are back for at least one company in Canada's oil heartland.

Gibson Jumps as Canadian Crude Woes Seen Boosting Tank Provider
Tuesday, October 16, 2018 Gibson Energy Inc. surged the most in more than a year after announcing a plan to build 1 million barrels of new oil-tank space in Western Canada.

Return to Normal for Irving After Refinery Incident
Friday, October 12, 2018 Irving Oil is beginning to return to 'normal and safe operations' following a major incident at its Saint John refinery in Canada.

Gas Deliveries Resuming as Cold Descends on British Columbia
Friday, October 12, 2018 High-rise apartment buildings, factories and other industrial customers in western Canada are receiving natural gas again, three days after an Enbridge pipeline explosion deliveries.

Gas Flows Resume After Canada Pipe Rupture Hits Oil Refiners
Thursday, October 11, 2018 Natural gas has begun flowing again on a pipeline in British Columbia after a rupture on an adjacent line forced oil refineries in Washington to cut output.

As Canadian Oil Hits New Lows, a Look at Possible Solutions
Wednesday, October 10, 2018 Even before the discount on Canadian crude began a brutal streak of new lows in recent days, a variety of efforts were under way to help alleviate Alberta's persistent crude-shipping bottlenecks.

Gasoline Prices Surge in Northwest After Canada Gas-Pipe Rupture
Wednesday, October 10, 2018 A natural gas pipeline rupture in British Columbia is forcing refineries in Washington to cut output.

Major Incident at St John Refinery in Canada
Tuesday, October 09, 2018 Irving Oil has announced that a 'major incident' has occurred at its Saint John refinery in Canada.

Alberta Eyes Help for Energy Industry in Canadian Crude Rout
Tuesday, October 09, 2018 Alberta Premier Rachel Notley said the province may soon announce more plans to help the local energy industry reap more value from its resources.

Canadian Crude Hits Record Low
Friday, October 05, 2018 Canadian crude plunged to a record low relative to US crude.

LNG Canada Raises Bar for Gulf Coast Projects
Thursday, October 04, 2018 It could become harder to justify US Gulf Coast greenfield LNG proposals.

LNG Canada Project Seen as First of Many
Wednesday, October 03, 2018 The Canadian energy industry is already hoping that the LNG Canada project will be the first of many such plants on the country's Pacific Coast.

Shell LNG, Trade Deal No Help to Stalled Trans Mountain Pipeline
Wednesday, October 03, 2018 Shell's commitment to invest in the largest private-sector project in Canada's history and a new trade deal with the US and Mexico show the country is open for business again.

$14B LNG Canada Contract Goes to Fluor and JGC
Tuesday, October 02, 2018 An aerial view of the LNG Canada site in Kitimat, British Columbia, Canada. SOURCE: Business Wire.

The Buy Canada Trade Is on With Trade Deal Done, LNG on Way
Monday, October 01, 2018 Recent news is giving Canada's stock market and currency the best outlook they've had in months.