Alberta to offload crude by rail contracts, raises oil quotas for August
The Alberta government says it will ease its oil production curtailment program by 25,000 barrels per day in August. Continue reading
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Crude by rail volumes fall as Calgary-based Imperial Oil cuts Alberta shipments
Crude-by-rail shipments from Western Canada fell in February to the lowest level since May of last year. Continue reading
TransCanada concludes open season for Keystone XL project, confirms support
TransCanada says it has confirmed strong commercial support for its controversial Keystone XL pipeline. Continue reading
Husky Energy to buy U.S. refinery for $435 million
A US$435-million deal to buy a refinery in Wisconsin will allow Husky Energy to match processing capacity with its growing heavy oil output while postponing a planned asphalt plant expansion in Alberta. Continue reading
Imperial Oil reports $77-million second-quarter loss
Imperial Oil reported a smaller second-quarter loss compared with a year ago due to higher oil prices and reduced refinery turnaround activity. Continue reading
Pembina looking to build West Coast terminal near Prince Rupert, B.C.
Pembina has signed a non-binding letter of intent to develop a liquefied petroleum gas export terminal on Watson Island, south of Prince Rupert, B.C. Continue reading
Ex-oilsands CEO Jean-Michel Gires finds passion in scarves, leggings and other women’s clothing
A former oilsands executive is putting his passion for the art of photography into a new line of silk scarves, spandex leggings and other women’s clothing. Continue reading