Canada pipeline news

US imports of crude oil from Canada reached a record of 4.3 million bpd in July 2024 following the expansion of Canada’s Trans Mountain pipeline.

Trans Mountain will shut the Puget Sound Pipeline for about seven days in mid-November to conduct planned maintenance, says Reuters.

Refiners on the US Gulf Coast are increasingly turning to Latin American heavy crude as Canada’s recently expanded Trans Mountain pipeline reroutes global oil flows.

The 20 year contract will boost CNRL’s space on the pipeline by about 75% to roughly 164 000 bpd, according to Bloomberg calculations.

The transaction is expected to close late in 4Q24.

PetroChina Canada will no longer be a committed shipper on the Trans Mountain oil pipeline after assigning its contracts to another party, reports Reuters.

Trans Mountain has entered into an agreement with Hifi Engineering to deploy fibre optic network for monitoring and leak detection on the Trans Mountain Expansion Project.

Enbridge Inc., in collaboration with Microsoft, is utilising artificial intelligence (AI) to drive advancements in safety, emissions reduction, and asset optimisation across its operations.

South Bow will run TC Energy’s crude oil pipelines business, including the critical Keystone pipeline system.

In 1H24, US net natural gas exports averaged 1% more than the same period last year and 2% less than in 2023.