Saturday, June 7, 2025
Moving Oil by Rail - Oil & Gas 360

Western Canada’s Rail, Ports Need Big Investment to Keep Up with Expected Oil Shipments

From the Globe and Mail Big investments in both rail and marine infrastructure will be required to accommodate an acceleration in commodities shipments, particularly oil, over the next decade, says the Conference Board of Canada. In a report released Thursday, the agency said annual tonnage of commodities shipped by rail will grow more quickly than in the past, rising 30

LINN Energy Enters Into Settlement Agreement With Second Lien Noteholders

HOUSTON, April 05, 2016 (GLOBE NEWSWIRE) — LINN Energy, LLC (NASDAQ:LINE) (“LINN” or the “Company”) announced today that LINN has entered into a settlement agreement (the “Settlement Agreement”) with certain holders of the Company’s $1.0 billion of outstanding 12 percent Senior Secured Second Lien Notes due 2020 (the “Second Lien Notes”), which collectively hold more than two-thirds of the outstanding