Canada’s Alberta to buy rail cars, expects deal within weeks
Canada’s Alberta is in talks to buy rail cars to transport 120,000 barrels per day (bpd) of crude oil and expects a deal to conclude within weeks, Premier Rachel Notley Continue Reading
CN Rail Vies for Crude-Hauling Crown
Canadian National Railway Co. expects to set a record for crude-by-rail shipments next year as it vies with Canadian Pacific Railway Ltd. to dominate a booming market for the alternative Continue Reading
Alberta PM Asks Ottawa For More Oil Trains
The Prime Minister of Alberta, Rachel Notley, has called on the federal government in Ottawa to supply more rail cars to transport the province’s rising crude oil production to refineries Continue Reading
Germany launches world’s first autonomous tram in Potsdam
Norbert Gresing shook his head as two teenage boys, deep in conversation and wearing earplugs, stepped out in front of his tram. “This is the type of situation I face Continue Reading
Refinery margin tracker: US crude by rail makes a comeback
Crude by rail is making a comeback as North American crude production outpaces takeaway pipeline capacity in the Permian and lower rail costs make Bakken margins attractive to both US Continue Reading
Railroads investing more, improve capacity with rising demand from commodities
Highlights Concerns over available rail capacity for coal this winter Total rail traffic up 4% from year-ago: AAR Houston — North American railroads have begun to invest in improving rail Continue Reading
Canadian oil exports by rail nearly doubled
A Canadian energy regulator reported the average daily amount of crude oil exported by rail has nearly doubled from the previous year. Canada designates nearly all of its oil exports Continue Reading
U.S. imports of Canadian crude oil by rail increase
Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian crude oil prices lower and increased Canadian crude Continue Reading
Canada Oil Recovery Faces Threat From Potential Rail Strike
A potential strike by Canadian Pacific Railway Ltd. workers threatens to derail a recovery in Alberta’s beaten-down heavy oil prices. On Tuesday, the Teamsters Canada Rail Conference and the International Continue Reading
Canadian railways in a catch-22 over crude shipment
Canadian railway operators see a lucrative opportunity to transport more crude oil to the United States as a rise in output force producers to find new routes to its southern Continue Reading