Oil – Oil prices are down 2 percent as an oversupplied market, urged on by oil being injected into TransCanada's Keystone XL pipeline.
Articles Tagged "Keystone XL pipeline"
Oil – Canada's oil sands have vastly improved its economy and energy security.
Oil – Despite oil price volatility, a number of investors retain the bullish belief that based on a few important fundamentals, the Canadian energy sector will record significant growth in the medium to long term.
Oil – Reuters reported that environmental groups asked the Obama administration to delay the Keystone XL pipeline decision because of the recent Canadian crude oil leak in Arkansas.
Oil – Western Canadian oil companies have seen the price of their crude drop on the back of a lack of pipeline outlets, growing North American production and unplanned refinery shutdowns. Is this decline likely to continue?
Oil – Bloomberg reported that the company proposing to build the highly publicized Keystone XL pipeline, TransCanada Corp. is looking for customers to convert a part of its Mainline system to carry oil to the east.
Oil – Bloomberg reported that the United States’ decision on the 875-mile US portion of the Keystone XL Pipeline could accelerate or slow down investments in Canada’s oil sands.
Oil – USA Today reported that more than half the members of the Senate signed a letter addressed to President Obama for the quick approval of the highly anticipated 1,700-mile Keystone XL oil pipeline.