On Thursday July 2 the Government of Canada, along Alberta’s provincial government, announced a proposal for a heavy crude oil pipeline capable of transporting more than 1 MMb/d from Bruderheim, AB (near Edmonton) to a deepwater port at Roberts Bank just south of Vancouver, BC (see map below).
Louisiana refineries don’t pipe in all the crude oil they need from the Houston and Nederland areas or the U.S. Gulf, or ship it in from abroad. Some depend on crude that is piped in from Longview, TX, and others get at least some of their oil from Capline, which moves crude south from Illinois.
According to a Reuters report posted Tuesday, South Bow Corp. and Bridger Pipeline LLC have plans to jointly develop a new crude oil pipeline from Guernsey, WY to Cushing, OK.
The sourcing of crude oil for the 14 refineries in Louisiana has been shifting over the past few years and the pace of that shift is picking up as more U.S. Gulf production flows to Texas (and less flows to the Bayou State), new pipeline projects come online, and refineries modify their crude slates.
South Bow Corp. announced on May 29 a “successful outcome” of the open season held in March that solicited firm transportation commitments for crude oil from Hardisty, AB to U.S. delivery points including Cushing, OK and the Gulf Coast.
U.S. President Donald Trump on Thursday, April 30 signed a presidential permit authorizing Bridger Pipeline’s proposed project to transport Canadian oil across the border and into the U.S.
More Canadian heavy crude barrels are on their way to the U.S. Gulf Coast and some, if not most, of that oil could be taking a somewhat circuitous route — through the Rocky Mountain states. Today, we discuss highlights from RBN’s new multiclient study on this important topic, developed with Plainview Energy Analytics.
Trans Mountain Corporation announced an Open Season for additional firm service on the 890-Mb/d Trans Mountain pipeline, which will run for approximately eight weeks starting in early April. Trans Mountain estimates that 80% to 90% of current capacity could being contracted following this Open Season, implying an increase of approximately 5 to 95 Mb/d relative to the last known committed capacity figure of 707.5 Mb/d. The Company continues to expect the 90-Mb/d DRA expansion project to be completed by early 2027, and it has tightened its guidance for the size and timing of the larger Mainline Optimization Project (MOP), now proposing it would yield additional capacity of 210 Mb/d (previously up to 270 Mb/d), and be ready by year-end 2028 (previously over the next four to five years). It is unclear whether either of the two proposed capacity expansion projects are contingent upon the success of this Open Season: it appears the DRA project has been moving forward, but we would presume the more costly MOP project would require additional shipper commitments. Separately, Trans Mountain's CEO noted in a recent interview that he expects the pipeline to be nearly full in April, as demand for space on the line has jumped due to the conflict in the Middle East.
More Canadian heavy crude barrels are on their way to the U.S. Gulf Coast and some, if not most, of that oil could be taking a somewhat circuitous route — through the Rocky Mountain states. Today, we discuss highlights from RBN’s new multiclient study on this important topic, developed with Plainview Energy Analytics.
Phillips 66’s Sweeny Complex includes refining, midstream and petrochemical units and illustrates how a well-designed facility can deliver operating and financial efficiencies.
