Enbridge Inc.’s North Dakota pipeline system has been underused for the past three months as railroads move more oil out of the Bakken shale play, a refining company told U.S. regulators.
Enbridge Inc. has delayed a shutdown of its oil pipeline 6B to March from February to allow the company to tie in new sections of pipe.
Alberta and Quebec’s study on the effects of Enbridge Inc.’s plan to boost the flow of oil from Western to Eastern Canada should conclude by about June, Quebec Premier Pauline Marois said.
Western Canada Select, a heavy oil blend from Alberta, tumbled to the widest discount in almost two weeks after Enbridge Inc. allocated space on two pipelines that help take Canadian supplies to U.S. refiners.
Husky Energy Inc. cut back the number of staff on its offshore platforms off the east coast of Newfoundland as former Hurricane Igor spread heavy rain and high winds in the region.
Husky Energy Inc. completed maintenance on a coker and fluid catalytic cracker at its Lima, Ohio, refinery, and has begun the restart process, said Graham White , a company spokesman.
Heavy Canadian crude oil fell to the lowest level in eight months as producers faced space limitations on pipelines transporting oil to U.S. markets.
Husky Energy Inc. started maintenance on a fluid catalytic cracker and coking unit at its Lima, Ohio, refinery.
Western Canada Select oil’s discount widened versus U.S. benchmark West Texas Intermediate after Enbridge Inc. shut its 608,800-barrel-a-day 6A crude pipeline early today.
Enbridge Inc. has apportioned September crude deliveries on pipeline 6A by 20 percent, two people with knowledge of the situation said.
"We are seeing reduced volumes on our North Dakota system as some producers seek alternate transportation options to take advantage of favorable oil pricing in other markets."
- Graham White on Jan 16, 2013