Report: Keystone XL will hike gasoline prices for some US drivers
California billionaire Tom Steyer and other Keystone XL opponents pulled out another weapon in their fight against the pipeline on Tuesday, by arguing that the project would cause gasoline prices to...
View ArticleExxon to move Canadian crude by rail amid pipeline shortage
With limited pipeline options to ship oil sands crude out of Canada, Exxon Mobil Corp. plans to move up to 100,000 barrels per day of Canadian oil using a new rail terminal that should be running by...
View ArticleCanadian oil sands rejects Suncor’s $3.3 billion hostile bid
Canadian Oil Sands Ltd. urged shareholders to reject Suncor Energy Inc.’s C$4.3 billion ($3.3 billion) hostile takeover, accusing the larger rival of undervaluing its business and exploiting...
View ArticleCompanies exit Canadian oil sands
Some of the world’s biggest oil companies are getting out of the Canadian oil sands. Companies have sold $24 billion in drilling rights in the sands in just the last five months, according to a new...
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