Customers look for bread on depleted store shelves EPA/ERIK S. LESSER Sectors from retail to oil and gas are calling on governments to resolve a dispute with anti-pipeline protesters as a rail blockade enters its ninth day, extending railway shutdowns and threatening shortages of groceries, propane, drinking water and other goods. Demonstrators set up a […]
Read MoreThe Transportation Safety Board says its investigators have not found any mechanical defects on a train that derailed and spilled oil in rural Saskatchewan. The Canadian Pacific Railway freight train jumped the tracks on Feb. 6 near Guernsey, about 115 kilometres southeast of Saskatoon. The accident sent flames and thick black smoke into the air […]
Read MoreBaker Hughes reported that the number of oil and gas rigs in the US held fast yet again this week at 790, with the total oil and gas rig falling 261 over the last 52 weeks. The number of oil rigs increased for the week, by 2 rigs, according to Baker Hughes data, bringing the […]
Read More(rdnewsNOW file photo) The United We Roll Convoy is hitting the road again this Saturday through parts of central Alberta. Last year, United We Roll led a convoy from Red Deer to Parliament Hill in Ottawa to promote the need for pipeline approval. Founder Glen Carritt, who is also a town councillor in Innisfail, says […]
Read More* Canadian dollar rises 0.2% against the greenback * Loonie touches its strongest level since Feb. 3 at 1.3236 * Price of U.S. oil increases 1.6% * Canadian bond yields fall across a flatter yield curve TORONTO, Feb 14 (Reuters) – The Canadian dollar rose on Friday against its U.S. counterpart, adding to this week’s […]
Read MoreA CP train derailed near Guernsey, Sask. on Feb. 6, 2020. (Courtesy: Phillipe Gaudet) GUERNSEY — The Saskatchewan government says about 1.2 million litres of oil spilled during a fiery train derailment in a rural area last week. The amount of oil recovered is still being determined, but a significant portion was burned off, the […]
Read MoreA truck sits parked at railway tracks during a protest near Belleville, Ontario, Canada, on Thursday. Demonstrators have been disrupting railroads and other infrastructure across Canada for more than a week to protest TC Energy Corp.’s planned $4.68 billion (6.2 billion Canadian dollar) Coastal GasLink pipeline. Bloomberg / via Getty Images An indigenous-led anti-pipeline protest […]
Read MoreCoveralls hang in the dry room at the Agnico Eagle Mines Ltd. Amaruq mine site in Amaruq, Nunavut, Canada, on Tuesday, July 30, 2019. Bloomberg/Cole Burston OTTAWA — Canada’s economy slowed "sharply" in the final quarter of 2019, the parliamentary budget office said Thursday in its February economic and fiscal report. And the new coronavirus […]
Read MoreCALGARY, Feb. 14, 2020 /CNW/ – Enbridge Inc. (TSX:ENB) (NYSE:ENB) is pleased to announce that its Board of Directors has appointed Gregory J. Goff as a director of Enbridge. Mr. Goff has more than 30 years of energy industry experience, most recently as Executive Vice Chairman of Marathon Petroleum Corporation. Prior thereto, he was President […]
Read MoreUnrestricted US crude oil exports recently entered their fifth year. Each year so far has brought with it new records, milestones and developments as American oil continues to muscle its way into new markets and in greater volumes. Last year could be remembered as the moment when US crude buyers and sellers more fully embraced […]
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