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Canada

Trans Mountain oil pipeline expansion pushes rivals to cut rates, for now

Pipelines that historically carry Canadian crude to the U.S. are cutting rates and looking to ship different grades of crude oil due to rising competition from the newly expanded Trans Mountain pipeline.

Linde to invest $2 B in Canada to supply hydrogen to Dow's Alberta chemical complex

Industrial gases firm Linde said it would invest more than $2 B to build a clean hydrogen facility for supplying to Dow's Path2Zero production complex in Alberta, Canada.

U.S. West Coast refiners still waiting for TMX margin boost

Canada's expanded Trans Mountain (TMX) oil pipeline, which commenced commercial operations in May, so far has had little impact on crude costs at refineries on the U.S. West Coast.

GlobalData: North America to dominate global renewable refinery capacity additions through 2028

Global consumption of renewable fuels produced in refineries is increasing due to environmental concerns about fossil fuels, technological advances and growing regulations on carbon emissions.

Canada's Suncor Q2 report shows increased refinery throughput and refined product sales

So far Suncor is tracking above the high end of its forecasts for 2024 oil production, refining throughout and refined product sales, Kruger told analysts on an earnings call.

Canada's Suncor on track to exceed 2024 oil production, refinery guidance

Canada's Suncor Energy could exceed its 2024 guidance on oil production and refinery throughput.

Canada's crude oil has an increasingly significant role in U.S. refineries

Crude oil imports from Canada have become increasingly important to U.S. oil refineries, now making up most U.S. imports.

Canada's Trans Mountain Pipeline weighs debt deal ahead of potential sale

Oil pipeline operator Trans Mountain plans to borrow in the bond market to refinance some of its outstanding debt before the Canadian government eventually sells it.

Canadian crude exports from U.S. Gulf Coast fall only slightly despite TMX startup

About 150,000 bpd of Canadian crude were exported from the U.S. Gulf Coast in June, slightly lower than average, despite the expansion of the Trans Mountain pipeline (TMX), which pulled some barrels west to Vancouver.

Abraxas Power awards McDermott ECI contract for Canada's first green ammonia plant

McDermott has been awarded an early contractor involvement (ECI) agreement from Abraxas Power Corporation for the Exploits Valley Renewable Energy Corporation (EVREC) project located in Central Newfoundland.

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