8,494 Active Recruiters     Over 2 Million Candidates Globally

Advanced
  1. Keep me logged in
  2. forgot password
cancel

Checkout Jobs Basket (0)

You can checkout a maximum of 150 jobs.

Signup Better for Candidates

  • Create a free virtual CV and let recruiters find you
  • Automatically have your profile matched to suitable Oil & Gas positions
  • Link to your profile using it as a free online CV
  • Store all your employment documents to your profile for easy sending
  • Always receive feedback on positions applied for

Signup Better for Recruiters

  • Suitable candidates automatically matched to your position
  • View candidate profiles for free
  • No more waiting for candidates to respond to job advertisements
  • Only ever pay when you match a candidate to a position
  • No more cold calling and sorting through out dated CVs

Rail Trouble Strikes Canada’s Oil Patch With Disrupted Shipments

Published in Oil Industry News on Thursday, 20 February 2020


Graphic for News Item: Rail Trouble Strikes Canada’s Oil Patch With Disrupted Shipments

Canadian oil shipments are getting snarled once again as protesters block train lines in the latest setback to the nation’s rail-dependent crude industry that was struck by a blazing derailment just last week.

Demonstrations against a Canadian natural gas pipeline shuttered service on the Canadian National Railway Co. network east of Belleville, Ontario, and west of Prince George, British Columbia. The blockades cut off crude-by-rail shipments on the CN network to three Eastern refineries that account for about a third of the country’s refining capacity. The disruptions may get worse as the halt could cascade into slowdowns in other areas of the network as traffic backs up and locomotives and rail cars face congestion, according to CN.

The turmoil comes just about a week after Canadian trains carrying oil were ordered to cut their speed for a month after dozens of crude tanker cars derailed and caught fire in Saskatchewan, the second such derailment on the same stretch of track since December.

Slowdowns and obstructed train traffic highlight a vulnerability for Canada’s oil patch. Crude producers have grown increasingly reliant on rail to get their supplies to market after pipelines out of Alberta filled to capacity two years ago.

Canadian oil prices weakened Wednesday amid the disruptions, with Heavy Western Canadian Select’s discount to West Texas Intermediate futures widening $1.10 to $16.85 a barrel, data compiled by Bloomberg show. Just a day earlier, the gap had narrowed to give Canadian supplies their strongest price in four months. Prices also were pressured by a refinery shutdown in Baton Rouge.

Light synthetic crude prices weakened 25 cents to a discount of $2.75 a barrel to WTI.

Source: www.worldoil.com

Please leave comments and feedback below





Tags

Canadian Oil and Gas, Canadian Oil Sands, Shell Oil and Gas, Marathon Oil and Gas, Oil and Gas News








Oil and Gas News Archive


Latest Oil & Gas News







Featured Companies

  • View All JobsOMPA

    Offshore Marine People & Academy (OMPA) is a global provider of personnel and training to the renewables, oil & gas, telecommunications and marine industries.

    With over 15 years' industry experience, we work with candidates to match them to the right roles and equip them with the skills and knowledge needed to succeed. Our job is to exceed your expectations.

    Visit us online: offshorempa.com

  • View All JobsChronos Oil and Gas

    Chronos Oil and Gas is one of the fastest growing and best placed recruitment agencies in the sector.

    With over 300,000 candidates on our database and an international team of specialist recruiters we work with clients to staff major projects around the world.

    Register your CV at www.chronosoilandgas.com

  • View All JobsNatural Resources

    Natural Resources is a UK based recruitment company providing personnel of all disciplines and nationalities worldwide.

    We represent clients and candidates at all levels who operate globally within oil & gas, renewables, nuclear, power, mining, marine, drilling, construction and petrochemicals. Our client base includes energy and construction.

    Visit Natural Resources at natural-resources.com