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News Tagged By: Oil

CP Rail says oil leaking after tankers derail in Saskatchewan

Canadian Pacific Railway Ltd said five tankers containing oil derailed on Tuesday morning near Jansen, Saskatchewan, and one of the cars is leaking crude.
Reuters
Posted on 5-21-2013 at 11:37 AM
Tags: Canadian Pacific Railway (CP), Oil

The end of the commodity supercycle

While commodity prices have surged over the past decade, foreign exchange strategist Valentin Marinov at Citi, tells BNN why that trend is likely over.
BNN.ca
Posted on 5-17-2013 at 1:35 PM
Tags: Oil, Loonie

B.C.’s stand on pipelines still unanswered

Western Canada’s landlocked oil and gas producers have kept a wary eye on a British Columbia election campaign rife with debate about pipelines and fracking. And while many will prefer the surprising...
Kelly Cryderman, The Globe and Mail
Posted on 5-15-2013 at 7:09 AM
Tags: British Columbia, Northern Gateway, Natural Gas, Oil

EU oil price probe puts Platts in spotlight

A European investigation into alleged price rigging by major oil companies has drawn attention to leading price agency Platts and the way it sets oil price benchmarks.
Peg Mackey and Alex Lawler, Reuters
Posted on 5-15-2013 at 2:32 PM
Tags: Oil

EU probes oil majors on price manipulation

European authorities have raided offices of oil majors Shell, BP and Statoil as part of a probe into suspected manipulation of oil prices, one of the biggest cross-border actions since the Libor...
Peg Mackey and Nerijus Adomaitis, Reuters
Posted on 5-14-2013 at 12:46 PM
Tags: Oil

With pipelines on hold, oil storage services boom

A combination of growing oil sands production and congested pipelines is creating new opportunities for midstream companies that have cavern or tank capacity to spare.
Kelly Cryderman, The Globe and Mail
Posted on 5-13-2013 at 8:50 AM
Tags: Oil

Collapse in Brent-WTI oil spread spooks refiners, railways

After almost three years of churning bumper profits from the massive price gap between the world's two most actively traded crude oil contracts, traders, refiners, railways and investors are all...
David Sheppard, Reuters
Posted on 5-10-2013 at 1:24 PM
Tags: Canadian Pacific Railway (CP), Canadian National Railway, Oil

Ottawa may take EU to WTO over oil sands dispute

Ottawa threatened on Wednesday to take the European Union to the World Trade Organisation over its plans to label the oil sands as dirty, but promised not to delay a bilateral trade pact.
Robin Emmott, Reuters
Posted on 5-08-2013 at 12:37 PM
Tags: Oil

Obama ‘foolish’ if he rejects Keystone: T.B. Pickens

U.S. President Barack Obama would be "a fool" not to approve TransCanada's Keystone XL pipeline and risks seeing the project shift direction away from the U.S. if he stalls approval of the...
Scott Anderson, BNN.ca
Posted on 5-01-2013 at 2:54 PM
Tags: TransCanada, Oil, Keystone pipeline

BP hit by wave of spill lawsuits ahead of deadline

BP Plc has been hit by more than 2,200 new lawsuits seeking payback for the 2010 Gulf of Mexico oil spill in the past few weeks as individuals, companies and government bodies rushed to stake...
Andrew Callus, Reuters
Posted on 4-30-2013 at 8:12 AM
Tags: British Petroleum, Oil
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