Baytex Energy sets lower capital budget for 2021
Spending of between $225 million and $275 million next year.
Crude by rail bounces back in September from summer lows
CER says 94,440 barrels per day moved, nearly double the 51,000 bpd shipped in August.
China buys crude as prices collapse, adding to stockpiles
Gives Beijing a chance to insulate the country against possible supply disruptions.
OPEC looks to cut production as virus outbreak hits demand
Stalled air travel and manufacturing all but stopped in China, sapping demand for fuel following plunging crude prices.
Rail strike, pipeline spill lead Alberta to extend oil curtailment levels
Government will gradually increasing the amount that can be produced.
Tanker crash, fuel spill prompts BC ministry monitoring
About 25% of the crude being transported spilled on the ground or into the nearby river.
Regulator says crude by rail fell to 310,000 bpd in August
Well below the record high of 354,000 bpd set last December.
Suncor asks NEB to end Enbridge open season on Mainline pipeline
Largest oil and gas produce demands call for contracts be halted before it wraps up in October.
Crude producers cautious, despite expected stronger oil prices
Volatility blamed on pipeline capacity failing to match growing oil sands output, and production limits.
Ottawa ‘on a different economic planet’: Alberta finance minister
Doesn’t have a clear understanding of economic damage caused by the failure to build new pipelines to coastal waters.
Husky wants to build Saskatchewan oil pipeline, replace one that leaked in 2016
Will transport blended crude and condensate to Lloydminster from across the river.
IEA says crude by rail shipments to more than double to 390,000 barrels a day
Could peak as high as 590,000 barrels in 2019 if producers don’t resort to crude storage in peak months.
Crude shipments by railcars on steady decline in 2016
StatsCan reports they have dropped every month since January
Oil sands projects to keep pumping while losing money: analyst
Once a project is up and running there are big technical issues with hitting the off switch.
Exxon halting three oil platforms off Santa Barbara
Follows 101,000 gallon spill of crude from hobbled pipeline.