Tag: crude oil

Enbridge Inc, Canada's largest pipeline operator, plans to boost the size of two lines carrying crude from the oil sands while shaving $400 million CAD ($320.4 million USD) from their original price tag.

Transcanada Corporation has filed a 30,000-page application to convert an existing gas pipeline to carry oil from Western Canada to Cornwall, Ontario. It also wants to build a new pipeline to carry the crude eastward through Quebec to Atlantic Canada.

Enbridge Inc. has asked Canadian regulators for permission to start up a pipeline by late June 2015 that would ship crude oil from Western Canada to refineries in Eastern Canada, a move that had been delayed by concerns over pipeline safety measures.

It has been announced that Enbridge Inc. will build, own and operate a crude oil pipeline in the Gulf of Mexico (GOM) to connect the planned Stampede development, operated by Hess Corporation, to an existing third-party pipeline system.

Husky Energy sanctioned a new heavy crude oil flexibility project at its refinery in Lima, Ohio, which will allow for the processing of up to 40,000 barrels per day (bbls/day) of heavy crude feedstock from Western Canada starting in 2017.

Energy Transfer Partners, a natural gas and propane company, has signed a deal with Trafigura Beheer BV, a Holland-based global commodity trading company, to launch a new crude and condensate pipeline running from the Eagle Ford shale formation in South Texas to Corpus Christi on the Gulf Coast.

TransCanada Corp announced that the third and Final Environmental Impact Statement (FEIS) for the Keystone XL crude oil pipeline has reaffirmed the environmental integrity of the project.

Exxon Mobil Corp’s U.S. marine affiliate, SeaRiver Maritime, Inc, has signed a letter of intent with Aker Philadelphia Shipyard for the construction of two U.S. flag, crude oil tankers in partnership with Samsung Heavy Industries.