Enbridge Surpasses TransCanada Corp in Race to Relieve Cushing Oil Hub
Oil – Enbridge acquire stake in a key Cushing-Gulf Coast pipeline after TransCanada’s Keystone XL pipeline ambitions are dealt a blow.
Articles Tagged "TSE:TRP"
U.S. Sets Course To Approve Keystone Pipeline
Heavy Oil – The Globe and Mail reported that the approval of TransCanada Corp.'s (TSE:TRP) proposed Keystone pipeline is likely.
Alberta’s Oil Sands Receive a Potential Boost
Oil – Canada is already the largest single exporter of oil and natural gas to the U.S., and Alberta's oil sands are the biggest single source of oil for the U.S.
Montana and North Dakota Oil Exploration and Production
Oil – In 1951 a significant oil discovery was made on the Bakken Formation, which is a very old geological deposit occupying about 520,000 square km of the subsurface of the Williston Basin, covering parts of Montana, North Dakota, and Saskatchewan. An April 2008 USGS report estimated the amount of technically recoverable oil within the Bakken Formation at 3.0 to 4.3 billion barrels.
