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Enbridge to develop two pipelines for total of $3B in Canadian oil sands

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Enbridge is developing two pipelines in the Canadian oil sands area for a combined investment of about $3 billion. billion, depending on scope, to meet the needs of multiple producers in the Athabasca oil sands region. The targeted in-service date is the second quarter of 2017. The second is a new $1.6-billion

Oil-Sands 257
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Kinder Morgan increases proposed expansion of Trans Mountain oil sands pipeline to 890,000 bpd

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and owned by Kinder Morgan Energy Partners, L.P.: BP Canada Energy Trading Company; Canadian Natural Resources; Canadian Oil Sands Limited; Cenovus Energy Inc.; Devon Canada Corporation; Husky Energy Marketing Inc.; Imperial Oil Limited; Nexen Marketing Inc.; Suncor Energy Marketing Inc.;

Oil-Sands 218
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Alberta publishes report assessing non-combustion uses for bitumen, opens $2M call for projects

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Following a 2017 report that identified potential products that could be made from Alberta oil sands bitumen, this new study identifies the top potential uses to help Alberta diversify its economy outside of conventional fuels and chemical feedstocks. Vanadium flow batteries for electricity storage. fly ash and coke).

Oil-Sands 199
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TransCanada launches binding open season for eastern oil pipeline; oil sands crude to Eastern Canada

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TransCanada Corporation will hold a binding open season to obtain firm commitments from interested parties for a pipeline to transport crude oil from Western Canada to Eastern Canadian markets. In 2012, Canada imported more than 600,000 barrels per day to supply its Eastern refineries.

Oil-Sands 210
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TransCanada to proceed with $12B, 1.1M barrel/day Energy East oil pipeline project to Eastern Canada

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million barrel per day (bbl/d) Energy East Pipeline project based on binding, long-term contracts received from producers and refiners. The Energy East Pipeline will have a capacity of approximately 1.1 million bbl/d and is anticipated to be in service by late-2017 for deliveries in Québec and 2018 for deliveries to New Brunswick.

Canada 207
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Kinder Morgan, Imperial Oil to build Edmonton crude oil rail terminal; $270M investment

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Kinder Morgan Energy Partners L.P.and Imperial Oil formed a 50-50 joint venture to build a crude oil rail-loading facility in Strathcona County, Alberta, called the Edmonton Rail Terminal. Accessing new and existing markets is critical for our continued growth and responsible development of Canada’s oil sands.

Oil 231
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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

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As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.