Western Canadian Select jumped as much as $12.20 a barrel to $13.80 below the U.S. benchmark Monday, the narrowest spread since May 16.
Enbridge Mining News
Agreement aims at boosting the safety of twin pipelines beneath the waterway where Lakes Huron and Michigan converge.
After sending court bailiffs to seize property from Stand.earth, Enbridge backed off, saying it will not seize property after all.
The Hohe See wind park, to be located in the North Sea, has a planned capacity of about 500 megawatts.
Cash from the sale will be used to proceed with the takeover of Spectra Energy and fund other growth projects.
North America’s biggest energy infrastructure company.
The $2.6 billion project for a pipeline from North Dakota to Wisconsin will be on hold until market conditions improve.
$177 million settlement announced Wednesday requires action to prevent future spills.
Canada’s largest pipeline company's first-quarter profit rose as record volumes carried on its main pipeline system helped shield it from a sustained drop in oil prices.
The company, Canada’s largest pipeline operator, reported a loss in the third quarter driven by both delays in completing its Line 9 project and one-time charges.
A U.S. court begins hearing arguments this week in a lawsuit that claims increased volumes of oilsands crude have been allowed to flow from Canada into the United States without adequate public input or environmental review.
Experts say the main reason behind such debacle is a combination of steadily rising production, pipeline constraints and an unexpected outage at a U.S. refinery.
Meanwhile, the country’s overall oil production is expected to reach 5.3 million barrels a day by 2030, which is 1.1 million barrels per day lower than last year's expectations.
The proposed sum is on top of the $75 million the firm agreed to pay to Michigan last month.
The planned optimization include the Athabasca Twin and the Wood Buffalo extension projects.
The company's Line 9B reversal project has been delayed after the National Energy Board requested additional info last month.
The EU new plan changes how refiners label the carbon intensity of their fuel.
Producers’ limited export pipeline capacity coupled with the end of the U.S. summer driving season has tend to lead to oil surpluses, sending prices down. .. Not this year.
The firm no longer expects to complete its $7.3 billion (and climbing) project in four years.
Enbridge's Line 9 reversal project threatened after Maine city council opposes exporting Alberta oil.
Pipelines, however, have proven to be neither an easier nor a cheaper solution.
A majority of Canadians overestimate the contribution the oil sands make to the world’s 11th largest economy, a study published Friday reveals.
The landmark decision has major implications for controversial energy projects, such as the Northern Gateway pipeline.
Protests in northern BC.
The decision will determine Canada’s role as an energy-rich nation in a world trying to balance rising power demands with the dangers of climate change.