May 01, 2019· Likewise, an oil sands mining project without an upgrader required a near-$100 per barrel breakeven price in 2014 compared to around $65 per barrel in 2018. Despite these sizeable cost reductions, the western Canadian oil market continues to move through a period of price uncertainty due to significant delays for advancing pipeline projects
Apr 05, 2020· As Enbridge nears it goal of building a controversial $2.6 billion pipeline across northern Minnesota, Canada’s oil industry is imploding. The U.S. is the largest market for Canadian oil, and
Sep 16, 2021· Rise in crude prices has private equity firms exiting oil sands Septeer 16, 2021 by Reuters A slew of private equity-backed oil and gas companies have been put up for sale in the Canadian energy patch, as higher crude prices prompt buyout shops to exit and free some of their capital that was locked far longer than originally intended.
Feb 14, 2008· CALGARY, ALBERTA--(CCNMatthews - March 5, 2007) - Inter Pipeline Fund (Inter Pipeline) (TSX:IPL.UN) announced today that it has entered into an agreement to acquire the Corridor Pipeline System (Corridor) from an affiliate of Kinder Morgan Inc. Corridor is the sole transporter of diluted bitumen and related products produced by the Athabasca Oil Sands …
Pipeline in crisis Kinder Morgan suspends Trans Mountain work; sets May 31 deadline for governments Gary Park. Petroleum News. In a stunning move, Kinder Morgan has suspended all “non-essential” work on its Trans Mountain pipeline expansion in Canada, effectively setting May 31 as a “make-or-break” deadline for its future in the C$7.4 billion project.
Aug 17, 2021· Saudi Aramco is reportedly considering selling a minority stake in its gas pipeline to raise at least $17bn. The value of the potential deal will be higher than the $12.4bn raised from the sale of a 49% stake in Aramco Oil Pipelines to EIG …
Aug 3 Cenovus boosts Lloyd thermal output to new record highs. . PROJECTS. Aug 2. Aug 2 Fort Hills Mine stuck in neutral for the remainder of 2021. . PROJECTS. Jul 30. Jul 30 Kearl output hits a new record high, helping Imperial boost full-year production guidance.
Police Make Mass Arrests at Protest Against Oil Pipeline. Late Monday, the police arrested activists and appeared to use a crowd-dispersing sonic device at the Line 3 pipeline …
Jun 24, 2021· June 24, 2021. The Biden administration has defended a contentious pipeline project that would carry hundreds of thousands of barrels of oil through Minnesota’s delie watersheds, urging in a
Jan 23, 2020· The Trump administration is approving a right-of-way allowing the Keystone XL oil sands pipeline to be built across U.S. land. Federal officials told The Associated Press that Interior Secretary
Oct 29, 2020· The Keystone XL Pipeline, is a 1,897km long cross-border crude oil pipeline project to supply crude from the Alberta oil sands in Canada to the US Gulf Coast refineries. It has the capacity to deliver 830,000 barrels per day (bpd) of crude oil.
Jul 10, 2020· He didn’t say when he expects to reverse Suncor’s oil production cuts, which included going to one production train from two at its 194,000-barrel-per-day capacity Fort Hills oil sands mine. Husky Energy Inc. has restored about 40,000 bpd of the 80,000 bpd in oil production it took offline as demand for products produced at its U.S
Jul 16, 2021· Because this supergiant has benefitted from rising oil prices and boasts an upstream pipeline that really leads the market. including the sale of its North Sea oil and gas assets for $2.7B and
May 29, 2018· Today’s top stories from around the region curated by Mountain West News. Beleaguered Trans Mountain gets $3.5B bailout. The Canadian government said on Tuesday that it would buy Kinder Morgan’s Trans Mountain oil sands pipeline expansion project that has been the focus of widespread protests by environmentalists and some Indigenous groups, putting …
Sep 03, 2013· Enbridge, the Calgary-based operator of the 1,000-mile "Alberta Clipper" pipeline from Hardisty, Alberta, to Superior, Wis., plans to boost …
Sep 29, 2021· Enbridge''s Long-Delayed Line 3 Oil Pipeline Project to Start up Oct. 1 By Nia Williams CALGARY, Alberta (Reuters) -Enbridge Inc said on Wednesday its Line 3 pipeline replacement project will begin
Pipeline Systems Oil Sands. Our oil sands pipeline systems transported roughly 1,240,300 b/d of bitumen blend and diluent in 2020. Consisting of the Cold Lake, Corridor and Polaris pipeline systems, oil sands has over 3,300 km of pipeline and 3.8 million barrels of storage.
Sep 01, 2021· Enbridge Inc. is getting ready to ship crude from the oil sands in the first new cross-border oil-sands conduit built between Canada and the U.S. in years. The company is offering 620,000 barrels a day of capacity in its Line 3 oil pipeline in October, according to a notice it sent to shippers. The Line 3 project will replace and older Line 3
Jun 03, 2021· June 3, 2021 [Blooerg] – Peina Pipeline Corp. agreed to acquire Inter Pipeline Ltd. for about C$8.3 billion ($6.9 billion) in an all-stock deal that will create one of the largest energy companies in Canada. The proposal from Peina trumps a hostile takeover offer for Inter made by Brookfield Infrastructure Partners LP earlier this year.
Sep 18, 2021· The Canadian oil sands are a particularly energy-intensive means of extracting crude oil. For this reason, oil sands producers are subject to strict environmental regulations. At the same time, the Trudeau government has big aitions when it comes to reducing carbon emissions, including setting a carbon price of $ 16 (C $ 20) per tonne, which
Aug 13, 2021· Enbridge Inc.’s Line 3 oil pipeline from Alberta to Wisconsin could start operating as soon as Sept. 15, bringing relief to Canadian oil sands producers who have had limited access to export pipelines. The new 760,0000 barrel-a-day conduit that replaces an older one with less capacity is as little as 30 to 60 days from completion, according
Jan 01, 2021· CALGARY, AB, April 8, 2021 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) announced today it will report first quarter 2021 operating and financial results under a new business structure to align with how it manages budgets and commercially operates its business. Inter Pipeline was previously organized into four businesses: oil sands transportation, conventional oil …
Aug 17, 2021· The discount of Western Canadian Select (WCS) – the benchmark price of oil from Canada’s oil sands delivered at Hardisty, Alberta – relative to the U.S. benchmark WTI Crude averaged US$15.27
Jun 09, 2021· Meanwhile, oil prices fell significantly — from more than $100 a barrel in 2008 to under $70 in recent months — slowing development of Canada’s oil sands …
PBA. , 15 Long. sl-wk Apr 18. NYSE:PBA Energy has not been the best performing sector recently. However, the Oil & Gas Midstream still looks decent. PBA is one of the stocks from that industry that has a nice-looking chart. Trade characteristics: it''s right on the long-term resistance that was broken and the price now clusters around it volume
At large operations such as this, oil sands slurry and sediments are pumped long distances through the mine’s pipeline system. Accordingly, the mine specified Trelleborg’s expansion barrels to facilitate the slurry’s extended travel during highly variable temperatures at the site.
Jul 15, 2021· Because this supergiant has benefitted from rising oil prices and boasts an upstream pipeline that really leads the market. including the sale of its North Sea oil and gas assets for $2.7B and
Jun 10, 2021· The focus of the recent Keystone debate is the proposed fourth phase, which would transport heavy oil sands crude from Hardisty in Alberta, Canada to Steele City, Nebraska via Montana with a
Oct 12, 2021· The Canadian energy market has been playing chess while everyone else is playing checkers. Canadian energy stocks are beginning to look like real bargains as oil and gas prices soar. Canada’s
The oil sands mining industry focuses on extracting bitumen-rich sands from the Earth, mainly from large oil sands deposits loed in the Athabasca region of Alberta, Canada. It has been estimated that there are over 1.4 trillion barrels of oil in the form of bitumen eedded within these sands, which is estimated to contain over 15% of the