CNQ Sep 2024 60.000 put
- Bloomberg
Trans Mountain Pushed to Alter Specifications to Help Oil Value
(Bloomberg) -- Oil companies including Chevron Corp., Canadian Natural Resources Ltd. and Suncor Energy Inc. are pressing the operators of the expanded Trans Mountain pipeline to change certain key specifications to improve the value of the crude the conduit is carrying.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsAckman Scolded Over DEI Views at Closed-Door Milken SessionJim Simons, Code Breake
- Reuters
Canada pipeline squeeze set to return despite Trans Mountain start-up
As Canada's oil industry celebrates the start of the Trans Mountain pipeline expansion (TMX), some company executives and analysts are already warning that long-term production growth plans will depend on new takeaway capacity becoming available. TMX, which started commercial operations last week after years of delays, will ship an extra 590,0000 barrels per day (bpd) of oil from Alberta to the Pacific Coast. The expansion provides Canada, the world's fourth-largest oil producer, with ample pipeline space for the first time in over a decade and has helped lift benchmark heavy oil prices.
- The Motley Fool
TFSA: 4 Canadian Stocks to Buy and Hold Forever
These Canadian stocks could help TFSA investors generate solid tax-free capital gains and dividends. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
