Reuters reported that refinery incidents in the US and Canada have contributed to a drop in Canadian heavy oil prices by heightening the effects of an already oversupplied market.
Articles Tagged "Canada"
Reuters reported that unscheduled maintenance on a processing unit at Imperial Oil Ltd.'s (TSX:IMO) Sarnia, Ontario refinery is pressuring Canadian heavy oil prices.
Financial Post reported that China is competing with the US to secure supply of crude oil from Canada.
Reuters reports Canada's Southern Pacific Resource Corp (TSE:STP,CVE:STP) posted a 34 percent rise in production.
Reuters reports that the advocacy organization 350.org is organizing a protest against Keystone XL, a proposed heavy oil pipeline.
Reuters reported that despite the volatile oil market Canadian cash crude differentials are remaining stable.
Twoco Petroleums Ltd.(CVE:TWO) reports production two gross horizontal oil wells on the company's Sparky heavy oil play in the Warspite area of Alberta.
Exxon Mobil Corp., the world’s leading oil refiner, boosted its capacity to transport crude from Canada’s oil sands to refineries in Texas and Louisiana. For full story, click here
A major Canadian oilsands company is on the hook for $3 million in unpaid wages for the temporary foreign workers who built most of a tank farm on their site near Fort McMurray, Alta. For full story, click here
Opti Canada Inc. needs to show some progress at its underperforming oil sands project if its shares – down a hefty 93 per cent over the past year – are going to recover lost ground. For full story, click here