- Bloomberg
Trans Mountain Pushed to Alter Limits to Boost Oil’s Value
(Bloomberg) -- Oil companies including Chevron Corp., Canadian Natural Resources Ltd. and Suncor Energy Inc. are pressing the operators of the expanded Trans Mountain pipeline to change certain key specifications to improve the value of the crude the conduit is carrying.Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealFord Cuts Battery Orders as EV Losses Top $100,000 Per CarElon Musk Pledges to
- Insider Monkey
Suncor Energy Inc. (NYSE:SU) Q1 2024 Earnings Call Transcript
Suncor Energy Inc. (NYSE:SU) Q1 2024 Earnings Call Transcript May 8, 2024 Suncor Energy Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and welcome to the Suncor Energy First Quarter 2024 Results Conference Call. [Operator Instructions]. I […]
- Reuters
Canada pipeline squeeze set to return despite Trans Mountain start-up
As Canada's oil industry celebrates the start of the Trans Mountain pipeline expansion (TMX), some company executives and analysts are already warning that long-term production growth plans will depend on new takeaway capacity becoming available. TMX, which started commercial operations last week after years of delays, will ship an extra 590,0000 barrels per day (bpd) of oil from Alberta to the Pacific Coast. The expansion provides Canada, the world's fourth-largest oil producer, with ample pipeline space for the first time in over a decade and has helped lift benchmark heavy oil prices.
