Canadian Oil Pipeline

Canada’s Oil Discount: Opportunity and Risk

The following post is written by Roger Conrad. If you’d like to guest post on the Dividend Ninja, be sure to check out our Guest Posting Guidelines. Sometime early in the next decade the US will overtake Saudi Arabia as the world’s most prolific producer of oil. That’s according to the US Energy Information Administration. The key is new technology that’s unlocked vast reservoirs of oil and natural gas heretofore trapped under shale. And it’s spurred a production boom in Canada as ...

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TransCanada Corp and Phoenix Energy Propose New Pipeline

TransCanada Corp (TRP) and Phoenix Energy Holdings Ltd. have announced a proposal to build a C$3 Billion pipeline project in northern Alberta. Named the Grand Rapids Pipeline, it will carry crude oil and diluent (a kind of thinner to help the crude flow freely through the pipelines) from the Athabasca oil sands northwest of Fort McMurray 500 km south to the Edmonton-Hartland area. The pipeline will help fill the increasing need for oil transportation infrastructure surrounding the even growing oil ...

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