Sentences with phrase «as oil pipelines»

MLPs, often spin - offs from energy companies, operate large parts of the nation's energy infrastructure, such as oil pipelines, natural gas processing facilities and storage depots.

And it could imperil vital infrastructure such as oil pipelines and rigs, as well.

New natural gas pipelines do not face the same kind of opposition as oil pipelines because the product is a gas and, in case of a leak, it escapes into the atmosphere rather than fouling waterways and soil.

Not exact matches

As the North American oil transportation system continues to evolve, with new pipelines, reversals of existing lines and a growing role for oil - by - rail, what is clear is that the North American oil market will eventually settle into a new era of pricing relationships which will be very different than those which prevailed prior to 2008.

Martin Louie, a First Nations leader from Nadieh, B.C., speaks to first nation protesters and their supporters as they gather outside the Enbridge AGM during their continuing protest against proposed oil pipelines in Canada's west coast, on Wednesday May 9, 2012.

As pipeline politics came to dominate the North American energy debate, uncertainty over TransCanada's Keystone XL project gave new urgency to other efforts to expand Canada's oil market, including Enbridge's Northern Gateway project.

Lewenza recommends buying stocks in integrated companies — those that both produce and refine oil, so that one part of the business is essentially benefiting from the misfortune of the other — as well as in oil transportation, such as pipeline companies.

Railways, who added crude by rail capacity earlier this decade only to have the market vanish as pipeline space opened up, have been slow to move back in the oil transport business, asking producers to sign longer - term deals.

New pipelines in Siberia and Central Asia, as well as the discovery of shale oil in China, mean that Asian refineries will have access to closer sources of crude, he says.

As it is currently planned the twin pipeline will carry 525,000 barrels of bitumen a day from the oil sands west to a terminal in Kitimat on the B.C. coast, where it could be shipped to Asian refineries, as well as refined oil products used to dilute the bitumen flowing easAs it is currently planned the twin pipeline will carry 525,000 barrels of bitumen a day from the oil sands west to a terminal in Kitimat on the B.C. coast, where it could be shipped to Asian refineries, as well as refined oil products used to dilute the bitumen flowing easas well as refined oil products used to dilute the bitumen flowing easas refined oil products used to dilute the bitumen flowing east.

«Rail and supporting non-pipeline modes should be capable, as was projected in 2011, of providing the capacity needed to transport all incremental Western Canadian and Bakken crude oil production to markets if there were no additional pipeline projects approved.»

The pipeline would help transport clogged U.S. shale oil as well.

The vow came as the Calgary - based company blamed clogged export pipelines for its worst heavy oil price discounts in five years during the first three months of 2018, contributing to a higher - than - expected $ 914 - million net loss in the first quarter.

They show the Fed has at times taken a tough line with banks in the sector, and may darken the outlook for Goldman Sachs and Morgan Stanley, both of which still own physical commodity trading assets such as warehouses, pipelines and oil storage tanks.

& # 9660 Enbridge Canada's largest oil pipeline company sailed through the recession like a lifeboat for scared investors as it kept hiking its profits and dividends.

As Hillary Clinton told a California audience recently, by way of explaining why the State Department was leaning toward approving TransCanada Corp.'s giant Keystone XL pipeline: «We're either going to be dependent on dirty oil from the Gulf or dirty oil from Canada.»

But Alberta heavy oil is sometimes fetching as little as half the world price due to the competition from U.S. - produced shale oil and a shortage of pipelines to get the crude to the coasts and other refining markets.

He said regulatory confusion and delays in Canada have prevented the timely completion of pipeline projects such as the Trans Mountain expansion, leading to difficulty in getting crude oil to markets and the current steeper - than - usual discounts being paid for Canadian oilsands crude compared with benchmark New York - traded oil.

The costs of the discount are increasing as delays continue for all three major proposed oil pipelines to export more oil from Western Canada, including Kinder Morgan's Trans Mountain expansion, Enbridge's Line 3 replacement, and TransCanada's Keystone XL.

This year has seen a spate of homegrown proposals, including Eagle Spirit Energy, a partnership between First Nations and Vancouver's Aquilini family which would build a crude oil (as opposed to bitumen) pipeline to Prince Rupert from Alberta, and Vancouver - based Steelhead LNG.

Exxon said the 20 - inch pipeline had been shut down as crews tried to prevent the spilled oil from reaching a nearby lake.

With new pipelines west to the B.C. coast and south through the U.S. still stymied, New Brunswick has emerged as the latest, best hope for getting Alberta oil to market.

But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential in world oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.

Much of that oil will be shipped as dilbit, a combination of bitumen and light liquid chemicals used to dilute the bitumen so it can be transported in pipelines.

When the pipeline opened in 2010, it was permitted to carry only as much as 500,000 barrels of oil a day.

Products from nVent include electrical, machine and utility box enclosures as well as electric heat tracing systems for oil pipelines, factory pipes and wire cables; heated flooring and heat management systems for factories and data centers; plus electrical and fastening solutions that connect and protect businesses.

The protest also comes amid continued activism by indigenous groups across the U.S., who have rallied over issues ranging from sports mascots to environmental causes such as the Dakota Access and Keystone XL oil pipelines.

And as if to make room for more foes in the federation, Kenney also hinted he could cut off oil exports to B.C. if Premier John Horgan, another New Democrat, takes action to block the Trans Mountain pipeline expansion.

Oil sands players, as well as U.S. producers in North Dakota, have been clamouring for pipeline approvals, claiming that all of the political foot dragging around pipeline projects weakened pricing power and critically hampered their operations.

For pipeline companies with major proposals on the table, such as TransCanada and Enbridge, falling oil prices are a game changer of the same magnitude that rising prices were a decade ago.

Notley has earnestly tried to cast herself as much of a champion of oil as any Tory premier was — she's heading to British Columbia to talk energy and pipelines later this month, and Alberta has once again bid to intervene against a legal bid to thwart the Trans Mountain Pipeline in the westernmost province.

The primary beneficiaries of the Trans Mountain pipeline are Houston's Kinder Morgan, Alberta's slumping oil sector, controlled by foreign multinationals such as Exxon and Shell, and export markets in Asia, primarily China.

A sharp correction in oil prices is putting the debate around major pipeline projects, such as Keystone XL, into a more nuanced light.

Kinder Morgan bears no liability for oil spills originating from a tanker that docks at its oil terminus, but this too should be changed, requiring the pipeline operator to share the liability as long as the tanker is in Canadian waters.

Even as the agreement was being hashed out, however, attention was already turning to a burst pipeline at Nexen's Long Lake oil sands site that spilled 31,000 barrels of bitumen, sand and salty water into the surrounding muskeg.

U.S. oil and natural gas production from Pennsylvania could help power Ontario and Quebec for instance, even as Canadian shale flowed through pipelines from Alberta to the U.S. Infrastructure matters a lot in these settings, especially given the difficulties most companies are facing in building new pipelines (Exhibit A: see the Dakota Access Pipeline).

The price gap between Canadian and world oil prices has shrunk as more oil has been loaded on to train cars and smaller pipeline projects in the US have helped siphon off the backlog of crude piling up in the Midwest.

As more pipelines are built to take oil to a coast, North American prices will continue to merge with global oil markets.

We tackle a host of news items in Oil and Gas including; British Columbia halts development of the TransMountain pipeline, consumers face high prices at the pumps, and China's new intelligent highway will be able to charge electric vehicles as they...

Suncor Energy Inc. is barreling ahead on the ramp - ups of the Fort Hills and Hebron oil megaprojects as its refining operations protect it from the pipeline shortages and lower prices Continue Reading

This, then, brings us to the very same «chicken and egg» issue that has plagued the Keystone XL pipeline (KXL) and that has caused energy (and myriad other) analysts to spill tons of virtual ink over: Are pipelines such as KXL and NGP simply one form of bringing oil to market (alongside rail, for example), or do they enable increased production?

For western heavy oil and bitumen producers, tidewater access may have an important stabilizing effect as it would greatly expand the market for the product, which has previously been subject to large price swings motivated by refinery or pipeline outages in the midwest.

Just as Albertans expected their political leaders to fight back when Trudeau - the - dad tried to force his National Energy Plan on them in 1980, British Columbians expect our premier to fight to protect our province from bullies from across the Rockies trying to bisect British Columbia with an unwanted pipeline to deliver toxic bitumen to Burnaby for export on oil tankers.

Even as the agreement was being hashed out, however, attention was already turning to a burst pipeline at Nexen's Long Lake oil sands site that spilled 31,000 barrels of bitumen, sand -LSB-...]

He touched on his past opposition to free - trade agreements, his support for heavier regulations of Wall Street and the nation's banking industry, and his vote against the Keystone XL oil pipeline as a preview of his campaign.

Their move to rail comes as the Obama administration continues to weigh an application for the Keystone XL pipeline, which would deliver synthetic crude oil and bitumen, an oil - containing substance, from Alberta to refineries on the Gulf Coast.

West Texas Intermediate crude oil futures have surged to a one - month high on expectations for the first decline in weekly U.S. crude supplies in nearly three months as well as news that a key pipeline will begin service at the start of the year, relieving the glut of oil in the middle part of the...

It's unclear how oil flowing in a new pipeline, Keystone XL, could get slapped with more onerous treatment than the millions of barrels that already get shipped to the United States on existing lines, such as the initial Keystone conduit and several operated by Enbridge Inc..

The industry has expanded pipeline capacity and found other ways, such as rail cars, to get oil from the middle of the country to major demand centers on the coasts.

CALGARY — A Saskatchewan mayor whose city's water supply was interrupted for several weeks following a Husky Energy Inc. oil pipeline leak in July 2016 says he hopes environmental charges announced Monday act as a deterrent for other pipeline firms.