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Enbridge nears $2 billion deal for Blackstone’s Pony Express crude pipeline, Bloomberg News reports
3+ day, 10+ hour ago (95+ words) Sept 9 (Reuters) – Enbridge is in advanced talks to buy the major crude oil pipeline Pony Express Pipeline in the U.S. from Blackstone-owned Tallgrass Energy for about $2 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter. A…...
Toronto home sales fall in August for first time in six months
1+ week, 2+ day ago (220+ words) TORONTO, Sept 3 (Reuters) – Greater Toronto Area home sales fell in August for the first time in six months as worries about trade and the threat of higher borrowing costs put off some buyers, Toronto Regional Real Estate Board data showed…...
Canada’s oil producers target late 2027 for Pathways carbon capture decision
3+ week, 4+ day ago (408+ words) CALGARY, Aug 18 (Reuters) – Canada’s biggest oil producers are targeting late 2027 for a final investment decision on their proposed 6-million-tonne carbon capture and storage project, a key piece of the country’s plan to grow oil production and keep emissions in check,…...
Analysis-Canada’s pipeline ambitions hinge on uncertain output expansion
3+ week, 4+ day ago (847+ words) By Amanda Stephenson and Arathy Somasekhar CALGARY, Aug 18 (Reuters) – Canadian pipeline firms are proposing billions of dollars in new projects despite oil sands companies being reluctant to commit to significant production expansions amid ongoing uncertainty around climate policies and long-term…...