Premier Jason Kenney unloads crude-by-rail contracts signed under former NDP government

By Global News Posted February 11, 2020 4:52 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Alberta Premier Jason Kenney says his government has unloaded crude-by-rail contracts signed under the previous NDP government,…

CN Rail strike, Keystone pipeline spill lead Alberta to extend oil curtailment levels

By Staff The Canadian Press Posted November 27, 2019 1:05 pm Updated November 27, 2019 1:06 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ The Alberta government says it will leave its oil…

Imperial ‘scurrying’ to ramp up crude-by-rail but uninterested in rail contracts

Imperial Oil Ltd. is “scurrying” to quickly ramp up crude-by-rail shipments from its Edmonton terminal to take advantage of improved profitability caused by the Keystone pipeline spill in North Dakota, CEO Rich Kruger said Tuesday. But the company has little…

Curtailment relief for Alberta oil companies that ship crude by rail

By Staff The Canadian Press Posted October 31, 2019 12:17 pm Updated October 31, 2019 12:31 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ The Alberta government is easing production limits on oil…

New technology moves Alberta oilsands bitumen in shipping container to West Coast

Melius Energy says it has successfully tested a new technology that allows oilsands bitumen to be shipped as a semi-solid product in six-metre-long shipping containers. The Calgary-based company says it moved 130 barrels of bitumen treated with the BitCrude process…

Premier Jason Kenney pitching more Alberta oil in wake of Saudi supply disruption

The supply disruption caused by an attack on a major Saudi oil processing facility has renewed calls from Alberta politicians to get more energy from that province into the world market. “Instability in the Middle East underscores the importance of…

Oilsands firms considering diluent recovery units to increase crude by rail volumes

Ongoing pipeline project delays and growth in crude-by-rail capacity from Western Canada are leading some oilsands producers to consider spending billions of dollars to build diluent recovery units. Oilsands bitumen is a thick, sticky oil which must be diluted with…

Calgary-based Imperial Oil’s second quarter results beat analyst expectations

Imperial Oil Ltd. is reporting second-quarter results that beat analyst expectations on the back of strong oilsands output and an allowance for lower future Alberta corporate taxes. The Calgary-based company, which is about 70 per cent owned by Texas-based Exxon…