Stepping into the void of inaction or deregulation by other levels of government, in recent years First Nations have banned proposed
heavy oil pipelines from their territories, denied consent to... [more]
The BC Liberals have said the Trans Mountain expansion would be subject to the same conditions set out by the premier last summer for new
heavy oil pipelines.
Nov. 5, 2013: The B.C. government capitulates on revenue - sharing, saying a share of Alberta's revenues from
heavy oil pipelines is off the negotiating table.
Not exact matches
With the ability to refine and upgrade crude in Canada and 75,000 barrels per day of committed capacity on the existing Keystone
pipeline, Husky says it can grow its
heavy oil production without exposure to the WCS - WTI discounts until at least 2021.
Cenovus, one of the biggest of Canada's
oil sands producers, said in March that it was operating at lower capacity due to the maxing out of
pipelines and other routes through which it sends
heavy oil south to U.S. markets.
And yes, the Dow has a
heavy component of large industrial and energy companies which have recently soared on expectations that President Trump and his administration will sponsor new infrastructure spending projects and
oil pipeline expansion.
The
pipeline would connect Canada's tar sands with refineries on the Texas Gulf Coast that specialize in processing
heavy crude
oil.
And
heavy oil is the kind of crude U.S. refineries on the Gulf of Mexico, at the other end of the
pipeline, are geared to process.
So is scrutiny of ExxonMobil and the U.S.
pipeline authority, the
Pipeline and Hazardous Materials Safety Administration (PHMSA): the ruptured
pipeline had been installed in the late 1940s, and ran through a densely populated area, yet it was transporting
heavy crude, which might be more hazardous than regular
oil.
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.
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 did manage to rattle off the well - known facts: the oilsands account for only of 1 / 10th of 1 % of global emissions; the
pipeline would create thousands of American jobs; Canada has already reduced the emission intensity from
heavy -
oil extraction by 25 %.
The
pipeline carries Canadian
heavy crude
oil from Patoka, Illinois to refineries on the Texas Gulf coast.
VANCOUVER — British Columbia's court case over the flow of
heavy oil through the province could be damaged by the NDP government's previous positions against the expansion of the Trans Mountain
pipeline, says a legal expert.
Guidance from
pipeline company Enbridge Inc. that it will modestly reallocate some light
oil pipeline space on its Mainline for
heavy crude and additional rail capacity smoothed the flow of
oil, analysts have said.
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.
However, no matter what you think this
pipeline will do, I can promise you that it won't convert
heavy oil to light
oil.
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.
The completed
pipeline would move roughly 830,000 barrels a day of
heavy crude
oil to U.S. Gulf Coast refineries.
But a majority of Americans, Republican lawmakers and construction union members welcomed the prospect of boosting reliance on a firm U.S. ally for new supplies of the
heavy crude, which would be shipped by a
pipeline built largely in this country and processed at Gulf Coast refineries uniquely capable of dealing with the low - grade
oil.
Cenovus Energy Inc. closed down 5.56 per cent after it said its oilsands operations have been operating at reduced rates due to wider - than - normal light -
heavy oil price differentials and
pipeline capacity constraints.
«Conversion of
pipelines to transport
heavy oil and dilbit is technologically feasible and has been proposed in other parts of Canada,» said Donaldson.
«In the future, companies may try to get around the environmental approval process by seeking approval to build a natural gas
pipeline, then converting it into a
pipeline for transporting
heavy oil.
Alberta Premier Rachel Notley's political future depends on landing a
pipeline to carry
heavy oil from the Alberta
oil sands to tankers off the B.C. coast, and she is adamant a proposal by Kinder Morgan to expand its existing
pipeline must proceed.
Canadian Natural Resources Ltd. says it choked back
heavy oil production in the first quarter to avoid selling at low prices it blames on poor
pipeline capacity out of Western Canada.
For years now
pipeline advocates have argued that getting cheap bitumen or
heavy oil to eastern refineries would be highly profitable due to the price difference between West Texas Intermediate, the North American benchmark and North Sea Brent, the global benchmark for
oil.
«Hard information has been difficult to come by from either the
pipeline's operator, TransCanada, or U.S. regulatory agencies, as to when the
pipeline might return to full pressure and help to alleviate a backlog of
heavy oil barrels that has been accumulating in Alberta against a rising tide of production.
While Canada's
heavy oil producers are faced with the challenge of increasing rail volumes in the absence of a new export
pipeline, they're also dealing with issues on an operational system into the U.S.
At this stage, we are of the view that the
pipeline will be allowed to return to full operating pressure by the end of the second quarter of 2018, allowing additional
heavy oil flows of up to 100,000 bbls / d to reach the U.S. Midwest market and the U.S. Gulf Coast market via TransCanada's affiliated Marketlink
pipeline.»
That would place further constraints on
oil producers that have already faced steep discounts on their
heavy crude as Canada's
pipeline system nears capacity, forcing more barrels to move by rail.
The 356 miles of proposed
pipelines from Albany to Linden, N.J., would carry
heavy crude
oil south and petroleum fuel north.
Historically, the Focus Fund has had
heavy weightings of Consumer and Financial companies as well as general partners of
Oil & Gas
Pipelines (C corp).
The
pipeline will provide access to cheaper
oil and likely help reduce the discount level on
oil from Northern geographies, that Bakken and Canadian
heavy crude trade at.
Its portfolio of assets includes conventional
oil,
oil sands,
heavy oil, and natural gas
pipelines, natural gas processing plants, fractionators, and midstream storage facilities, and it's a top pick of my Foolish colleague Jason Phillips.
The Company provides a range of
heavy construction and mining, piling and
pipeline installation services to customers in the Canadian
oil sands, mineral mining, commercial and public construction and conventional
oil and gas markets.
Heavy oil — ultimately at least 200,000 gallons and as many as 420,000 gallons — was still pouring through the tear in the
pipeline and through the town.
(Reuters)- Exxon Mobil on Sunday continued cleanup of a
pipeline spill that spewed thousands of barrels of
heavy Canadian crude in Arkansas as opponents of
oil sands development latched on to the incident to attack plans to build the Keystone XL line.
The Pegasus
pipeline is one of the few
pipelines currently supplying a
heavy Canadian crude
oil known as diluted bitumen, or dilbit, to refineries on the Texas Gulf Coast.
Neither personality addressed the fact that the Keystone XL
pipeline is specifically designed to transport
heavy crude to refineries and export - bound
oil tankers on the Gulf Coast, precisely the scenario that could lead to more spills like the one unfolding in Galveston Bay.
The report said an estimated 5,000 barrels — 210,000 gallons, or enough to fill about a third of an Olympic - sized swimming pool — of
heavy crude
oil poured from the ruptured
pipeline.
Champions of Keystone XL argue that it is essential to delivering jobs,
oil and energy security, but the SEIS concluded that «not building the
pipeline would have almost no impact on jobs; on US
oil supply; on
heavy oil supply for Gulf Coast refineries; or even on the amount of
oil sands extracted in Alberta.»
One of the issues in the production of unconventional hydrocarbons such as Canadian
oil sands or
heavy oils is their inability to be transported via
pipeline due to low API gravity, high viscosity or high pour point.
The hidden, long - term effects of the 2010
pipeline accident that spilled more than a million gallons of
heavy Canadian crude
oil into Michigan's Kalamazoo River became public last week when the EPA revealed that large amounts of
oil are still accumulating in three areas of the river.
TransCanada told Canada's National Energy Board that in the Midwest, its
pipeline would «increase the price of
heavy crude to the equivalent cost of imported crude,» which would provide Canadian
oil companies with an added $ 2 - 3.9 billion in annual revenues.
A spill of
heavy tar sands
oil from the
pipeline could create a major loss of jobs in America's heartland.
The spill required years and more than a billion dollars to clean up, and it highlighted the hazards of pumping
heavy tar sands
oil through
pipelines.
My task was to find
oil to fill a new
heavy -
oil pipeline that we had built from the Amazon rainforest to the Pacific Ocean.
Upton's campaign website names him «a champion of the Keystone XL
pipeline,» a project that could send 800,000 barrels of carbon -
heavy crude
oil from Alberta to refineries in Texas.
The ExxonMobil
pipeline that ruptured was carrying Wabasca
Heavy crude, a type of bitumen mined in Canada's
oil sands region.
Diluted bitumen, a controversial form of
heavy Canadian
oil, poses no more risks to
pipelines than conventional
oil, according to a long - awaited report released Tuesday by the National Academy of Sciences.