Friday, July 10, 2026
Moving Oil by Rail - Oil & Gas 360

Denial of Keystone XL Leads to More Rail Capacity for Canada’s Crude Oil

Houston-based USD Group looks to double capacity at its Hardisty, AB rail terminal Canadian crude oil is still making its way south into the U.S. despite the decision by the Obama administration to reject the project plan for TransCanada’s (ticker: TRP) Keystone XL pipeline. Most recently, Houston-based USD Group announced that it plans to double the capacity of its rail

ETP Simplifies Structure with $20 Billion Sunoco Acquisition

GOP Sees Iran Deal as a Threat to U.S. Oil

Iran deal threatens U.S. energy security – Senator John Hoeven The chair of the Senate Committee on Homeland Security, Senator John Hoeven (R-ND), released a video ahead of President Obama’s State of the Union address saying that the Iran nuclear deal is a threat to U.S. energy security. “As a consequence of President Obama’s nuclear agreement with Iran, this state sponsor

Oil & Gas 360 Earnings Season

Canadian Oil Sands Fends off Suncor’s Hostile Bid… For Now

Suncor Extends Expiration Date after Unsuccessful Initial Attempt Canadian Oil Sands (ticker: COS) gets its wish to remain an independent company – at least for the time being. The hostile takeover attempt by Suncor (ticker: SU) failed to achieve the required approval of two-thirds of COS shareholders, as the deadline passed on January 8, 2016. The major integrated oil company,