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Tag Archives: canada tar sands

BP’s main crude unit at Whiting shut for at least a month – sources

HOUSTON – Heavy damage to the largest crude distillation unit at BP Plc’s 413,500-barrel-per-day (bpd) Whiting, Indiana, refinery will require at least a month to repair, sources familiar with the refinery’s plans said on Tuesday. The sources stressed that the time frame for the CDU’s restart was preliminary and may change. “I would expect longer rather than shorter,” one of ...

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Enbridge Energy doesn’t see oil slowdown affecting Minnesota pipeline projects

Even as the U.S. oil industry slashes investment, pipeline operator Enbridge Energy isn’t paring back its record five-year, $44 billion building program that includes major projects in Minnesota, the company’s CEO Al Monaco said Friday. Monaco said in an interview that the 50 percent drop in crude oil prices since June “is very dire” for the industry, but hasn’t changed ...

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Canada refuses to wait for America any longer

Zachary Toliver | Shale Plays Media Canada is not waiting around for the United States to green-light the Keystone XL pipeline. Late last year Husky Energy Inc. shipped a million barrels of its tar sands crude to India, in a test of international oil trade. “We are doing it opportunistically to have the wheels greased” for more exports far afield ...

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Pipeline company Enbridge’s profit jumps, oil sands volume rises

Enbridge Energy Pipeline

May 7 (Reuters) – Enbridge Inc, Canada’s largest pipeline company, reported a 56 percent rise in quarterly profit, helped by higher volumes on its regional oil sands system, and the company said it was on track to meet its full-year adjusted profit forecast. Related: Enbridge pipeline draws opposition Net earnings rose to C$390 million ($358 million), or 47 Canadian cents per share, in ...

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Special Report: A Canadian family’s ‘Plan B’ to pump tar sands oil

oil refinery

BY RICHARD VALDMANIS AND DAVE SHERWOOD (Reuters) – Keystone XL, a pipeline proposal to pump Canadian oil sands through the heart of America, has alarmed environmentalists and become one of the most contentious issues of the Obama presidency. But there is a “Plan B” to cut the United States out of the picture, and it is championed by one of Canada’s wealthiestbusiness dynasties. ...

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Albany bars crude processing expansion at port

train

MARY ESCH, Associated Press ALBANY, N.Y. — The expansion of crude oil processing at the Hudson River Port of Albany, which has become a major hub for rail shipments of volatile North Dakota crude to coastal refineries in the last two years, will be halted by a moratorium issued Wednesday by Albany County Executive Dan McCoy. The order requires a ...

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