Crude-by-rail

• Crude-by-rail shipments jumped in last half of 2023 as Alberta’s oil output grows

  When the Trans Mountain pipeline expansion begins shipping oil, the recent increase in crude-by-rail shipments should reverse, said BMO Capital Markets analyst Ben Pham.

  Economy

  Feb 26, 2024
  
• Canadian crude-by-rail exports bounce back in March as pipeline capacity limited

  The Canada Energy Regulator says Canadian crude-by-rail exports bounced back in March due to better oil production amid limited export pipeline capacity for heavy oil.

  Money

  May 25, 2021
  
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• Crude-by-rail shipments bounce back from summer lows in September, says CER

  Canadian exports of crude oil by rail are bouncing back after falling to an eight-year low over the summer, according to the Canada Energy Regulator.

  Economy

  Nov 25, 2020
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• Calgary-based Enerplus restarting North Dakota production despite threat to pipeline

  The Calgary-based company says it is confident that crude-by-rail shipping from the state can be ramped up if the decision, stayed by an appeal court earlier this week, is restored and the pipeline is out of commission for a longer term.

  Canada

  Aug 7, 2020
• Canadian crude-by-rail exports drop by half in April as fuel demand saw sharp drop

  Canadian exports of crude oil by rail dropped by more than half in April compared to March as North American fuel demand plunged due to measures taken to control the COVID-19 pandemic.

  Economy

  Jun 19, 2020
• Crude-by-rail shipments hit record high over 400,000 bpd in January

  Crude-by-rail exports reached a record high of 403,767 barrels per day in January, the first time they've surpassed 400,000 bpd.

  Canada

  Mar 20, 2020
• Cenovus spending cut expected to set trend as sector adjusts for oil prices

  Cenovus says it is cutting its capital spending plan for this year by 32 per cent due to the recent plunge in world oil prices.

  Canada

  Mar 10, 2020
• Alberta government approves proposed diluent recovery project to boost crude export room

  A Calgary-based company's proposal to build a 100,000-barrel-per-day diluent recovery unit (DRU) near Hardisty, Alta., has been approved, the Alberta government said in a news release on Tuesday.

  Economy

  Feb 26, 2020
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• Premier Jason Kenney unloads crude-by-rail contracts signed under former NDP government

  Premier Jason Kenney says details of who is buying the contracts and on what terms are not being released yet because of commercial confidentiality.

  Economy

  Feb 11, 2020
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• Diluent recovery unit proposed by Alberta company to boost crude export room

  Gibson Energy Inc. says it will build a 100,000-barrel-per-day diluent recovery unit near the Alberta oil marketing hub of Hardisty, a strategy expected to free up room in pipelines and on railcars for oilsands exports.

  Money

  Dec 3, 2019