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TransCanada denied request for some Keystone XL preparations

4 days ago DieselGasoil Comments Off on TransCanada denied request for some Keystone XL preparations
By Kevin Orland on 2/17/2019 Map: TransCanada. CALGARY (Bloomberg) — TransCanada Corp. was partly denied a request to continue some pre-construction work on the Keystone XL oil pipeline while a dispute over the project’s environmental review wends its way through the courts. The company won’t be allowed to prepare sites for construction camps, but it Read More

Canadian National train derails in Manitoba, leaks oil

5 days ago DieselGasoil Comments Off on Canadian National train derails in Manitoba, leaks oil
WINNIPEG, Manitoba (Reuters) – A Canadian National Railway Co train derailed early on Saturday in Western Canada, leaking an undetermined volume of crude oil, the company said. Thirty-seven tank cars derailed near St-Lazare, Manitoba. The leak has been contained and has not entered the nearby Assiniboine River, CN spokesman Jonathan Abecassis said in a statement. Read More

Oil up 1 percent on Saudi and OPEC cuts but outlook picture clouded

1 week ago DieselGasoil Comments Off on Oil up 1 percent on Saudi and OPEC cuts but outlook picture clouded
LONDON (Reuters) – Oil prices gained about 1 percent on Tuesday, supported by OPEC-led production cuts and U.S. sanctions against Iran and Venezuela, though remain wary of surging U.S. output and the outcome of U.S.-China trade talks. FILE PHOTO: An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, 2016. REUTERS/Luc Cohen Brent crude Read More

Oil up on OPEC output cuts and as sanctions against Venezuela, Iran bite

1 week ago DieselGasoil Comments Off on Oil up on OPEC output cuts and as sanctions against Venezuela, Iran bite
SINGAPORE (Reuters) – Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging U.S. output and concerns over economic growth to keep markets in check. FILE PHOTO: An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, 2016. REUTERS/Luc Cohen U.S. West Texas Intermediate Read More

Oil prices rise on OPEC output cuts, as U.S. sanctions bite

1 week ago DieselGasoil Comments Off on Oil prices rise on OPEC output cuts, as U.S. sanctions bite
SINGAPORE (Reuters) – Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging U.S. production and concerns over economic growth to keep markets in check. FILE PHOTO: An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, 2016. REUTERS/Luc Cohen U.S. West Texas Intermediate Read More

TransCanada says Keystone Pipeline is likely source of oil spill

2 weeks ago DieselGasoil Comments Off on TransCanada says Keystone Pipeline is likely source of oil spill
By Sheela Tobben, Robert Tuttle and Catherine Ngai on 2/10/2019 Photo: Enbridge. NEW YORK and CALGARY (Bloomberg) — TransCanada Corp. said its Keystone pipeline, which carries Canadian crude to the U.S., was likely the source of an oil spill in Missouri that prompted the company to shut a segment of the line. “Preliminary investigation has Read More

Part of Keystone oil pipeline remains shut after potential leak

2 weeks ago DieselGasoil Comments Off on Part of Keystone oil pipeline remains shut after potential leak
FILE PHOTO: A TransCanada Keystone Pipeline pump station operates outside Steele City, Nebraska March 10, 2014. REUTERS/Lane Hickenbottom/File Photo (Reuters) – A portion of TransCanada Corp’s Keystone oil pipeline remained shut on Thursday for investigation of a possible leak on its right-of-way near St. Louis, Missouri, a company spokesman said. TransCanada shut the pipeline on Read More

Two key pipeline shutdowns cause Canadian oil price to slip

2 weeks ago DieselGasoil Comments Off on Two key pipeline shutdowns cause Canadian oil price to slip
By Robert Tuttle, Sheela Tobben and Catherine Ngai on 2/7/2019 Photo: TransCanada pipeline. CALGARY and NEW YORK (Bloomberg) — Canadian crude weakened after two critical oil pipelines remained partially shut amid an investigation into a possible leak in Missouri. Heavy Western Canadian Select for March traded at $10.30 below the calendar average for West Texas Intermediate Read More

Part of Keystone, Platte oil pipelines shut in U.S. after leak

2 weeks ago DieselGasoil Comments Off on Part of Keystone, Platte oil pipelines shut in U.S. after leak
(Reuters) – Portions of TransCanada Corp’s Keystone oil pipeline and Enbridge’s Platte pipeline remained shut on Thursday for investigation of a leak in the St. Louis, Missouri, area, officials said. FILE PHOTO: A TransCanada Keystone Pipeline pump station operates outside Steele City, Nebraska March 10, 2014. REUTERS/Lane Hickenbottom/File Photo TransCanada shut the Keystone pipeline down Read More