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Trans Mountain Pipeline News

23 Apr 2024

Trans Mountain Expects First Ship to Load from Expanded Pipeline in May

Source: Trans Mountain

The first tanker carrying crude from the expanded Trans Mountain pipeline is expected to load at the Port of Vancouver in the second half of May, the company building the project said on Tuesday.The expanded pipeline, which will carry an extra 600,000 barrels per day of oil from Alberta to Canada's Pacific coast, will begin transporting crude on May 1 with final line fill completed in early May, Trans Mountain Corp said in an email.(Reuters - Reporting by Nia Williams in British Columbia; editing by Jonathan Oatis)

20 Mar 2024

Shipping Companies Turn to Longer-Term Leases as Tanker Supply Tightens

© Vladimir / Adobe Stock

Rising oil tanker chartering rates due to global shipping disruption are forcing oil shippers to take on longer-term shipping charters, executives said this week at an energy conference in Houston.The global oil tanker fleet must now travel further to get crude to refineries and fuel to consumers. European sanctions have forced Russian exporters to send oil to Asia that would have otherwise gone to Europe. Attacks on vessels in the Red Sea have forced some shippers to sail around…

08 Dec 2021

KOTUG Canada Bags Charters for Three Vessels

Credit: KOTUG Canada

Marine services and towage firm KOTUG Canada Inc., a partnership between KOTUG International and Canada’s Horizon Maritime Inc., has won a long-term agreement with Trans Mountain, operator of Canada’s only oil pipeline servicing the West Coast of Canada providing tidewater access to foreign markets for Canada’s petroleum resources. KOTUG Canada will provide escort towage to tankers loaded at Westridge Marine Terminal. "KOTUG Canada was selected for this purpose by shippers on the Trans Mountain Pipeline after a rigorous and competitive process facilitated by Trans Mountain.

31 Aug 2020

Alberta Oil Shipped Through Panama Canal to Atlantic Canada

On July 20, the tanker Cabo de Hornos delivered an estimated 450,000 barrels of crude oil to the Irving Oil refinery’s Canaport storage facilities in Saint John, N.B.What made Cabo de Hornos’s delivery different was that it was the first time crude oil had arrived in Saint John by ship from Alberta. It came via the Trans Mountain pipeline to the Westbridge Marine Terminal in Burnaby, B.C., and then through the Panama Canal.By the end of April next year, a second tanker will arrive at Canaport carrying 350,000 to one million barrels of Western Canadian crude oil. In this case, the oil will have come via pipeline from Alberta to a crude oil exporting terminal in Texas or Louisiana.For most of the Saint John refinery’s 50 years of operation…

21 Nov 2016

Canada Oil Sands Asia Export Dream Faces Port Bottleneck

The bullish view for Suncor Energy Inc (SU.TO), Cenovus Energy Inc (CVE.TO) and other Canadian energy producers calls for Prime Minister Justin Trudeau by next month to approve a major pipeline expansion to the west coast, boosting sales of land-locked oil sands crude to Asia. But a growing number of shipping brokers and physical oil traders warn that any new influx of oil will hit a bottleneck in Vancouver, because of the port's inability to accept the megaships that dominate oil trade globally. This bottleneck marks one of the more under appreciated hurdles facing Canadian oil sands crude being shipped from its busiest port of Vancouver, these shipping brokers say. Middle Eastern producers already ship oil ship to Asia far more cheaply, thanks to the bigger vessels they employ. And U.S.

07 Nov 2016

Canada Oil Spill Program Hit by Cheap Crude

The two-year oil price crash has hurt a Canadian government program that funds research on oil spill cleanups, resulting in fewer applicants than expected, a senior federal official said. As a result, the government will expand the scope of its Oil Spill Response Science Program and open a second call for applications this month, Marc Wickham, Natural Resources Canada's director of energy science and technology programs, said in an interview late last week. The program funds research that improves cleanup methods for marine oil spills. Those eligible include production, pipeline and shipping companies in the energy sector. Wickham spoke with Reuters after it obtained details of the program's amendment through an access-to-information request.

11 Apr 2015

British Columbia: Oil Spill Response shows Unprepared for More Tankers

British Columbian officials on Friday criticized the Canadian government's response to an oil spill in the waters around Vancouver, calling into question plans for new crude oil export pipelines in the Pacific Coast province. Nearly 3,000 liters of oil spilled after an anchored bulk carrier began leaking bunker fuel in English Bay, just west of Vancouver's downtown core, on Wednesday. Officials in the province said the coast guard responded but was slow to contain the slick, which spread towards beaches. They said the federal agency failed to notify the cities of Vancouver and West Vancouver until early Thursday, delaying public safety warnings by more than 12 hours. "It took them six hours to get booms in place ...

22 Nov 2014

Canadian Pipeline Expansion Continues

Kinder Morgan Energy Partners said on Friday that crews have resumed survey work related to its Trans Mountain pipeline expansion project in the Vancouver suburb of Burnaby, even as Canadian police arrested more protesters at two work sites. Kinder Morgan said it was able to move its equipment onto Burnaby Mountain overnight and that crews would be working 24 hours a day for the next 10 to 12 days to complete drilling work required by regulators. The company, which hopes to nearly triple the capacity of the existing 300,000 barrel-per-day pipeline, plans to bore two holes deep into the mountain to test if it can run the expanded line under the conservation site, which is a popular hiking and picnic area for locals.

14 May 2014

Canada Revamps Pipeline Safety Rules Ahead Of New Projects

Canada unveiled new rules on Wednesday to enhance pipeline safety and spill response, ahead of the development of new projects proposed to carry crude from Alberta's oil sands to coastal ports for export. The new legislation will give Canada's energy regulator, the National Energy Board (NEB), more power to enforce compliance on safety and the authority to step in to lead spill response if a company is unwilling or unable to do so. Companies will also now be held liable, up to C$1 billion ($917 million), for all spills or incidents on their lines, whether or not they are at-fault or negligent, putting the onus on owners to ensure safe operations.

13 May 2014

Canada Seeks Tightened Marine Oil Spill Plan

Canada moved on Tuesday to strengthen its response plan for oil spills at sea ahead of the development of new pipelines that would sharply increase tanker traffic in Canadian waters if they are built. Among the new measures, the federal government said it would remove a per-incident liability cap on a domestic clean-up fund, which means that all the money in the fund could be made available to clean up a single spill. It also pledged to cover spill costs if clean-up funds were exhausted. It also said it will lift its ban on the use of dispersants in cases when using them offers a net environmental benefit. Dispersants are chemicals that break down oil slicks but can also harm marine life.

21 Apr 2014

Keystone Backers Keep Their Faith In Embattled Pipeline Plan

Six years after applying to build the Keystone XL pipeline, Canada's frustrated oil industry appears steadfast in its support of the plan even though Washington has again delayed a decision on whether to approve the politically charged project. The reason is simple: A massive new pipeline to the U.S. Gulf Coast remains the most elegant solution for producers looking to export burgeoning supplies of crude from Canada's oil sands to the United States. TransCanada Corp's $5.4 billion pipeline would seamlessly pump enough crude from Alberta to Texas to meet 4 percent of total U.S. demand. "We're definitely supportive of the project," said Brad Bellows, a spokesman for MEG Energy Corp, which produces crude from Alberta's oil sands though it has not committed to ship on Keystone.