About 20 ships loaded crude oil on Canada's West Coast in the first full month of operation on the newly expanded Trans Mountain pipeline, according to...
HOUSTON - About 20 ships loaded crude oil on Canada's West Coast in the first full month of operation on the newly expanded Trans Mountain pipeline, according to vessel-tracking data on Sunday, slightly below the operator's forecast.
"This first month is just shy of the 350,000-400,000 bpd we expected ahead of the startup. We are still in the discovery phase, with kinks being ironed out ... but in the grand scheme of things, this has been a solid start," said Matt Smith, lead analyst at Kpler. Phillips 66 acquired a cargo for its Ferndale, Washington, refinery, Marathon Petroleum Corp for its Los Angeles refinery, and Valero Energy Corp for its Benicia, California, refinery.
Trans Mountain this month revised standards for accepting crude oil on its recently expanded system, alleviating worries about the acidity and vapor pressure of the line's crude oil. David meets Goliath: Japan and Korea make startups work with large conglomerates in a twist on the Silicon Valley modelAfter numerous dealerships across Canada and the US reported system outages, CDK Global revealed it had been the victim of a cyberattack. Here's what you need to know.A new era of smartphone wars is about to begin
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