Takeaway capacity cannot keep up with rising production and rail loadings will likely diminish in the winter.
The deals come as the discount on Canadian heavy oil has spread to $42, its widest point on record, as rising production from Alberta's oil sands has run up against full pipelines, leading to swelling volumes in storage.
Bakken crude resumes its flow after three years.
Leveraging Pecos terminal to help alleviate Permian Basin crude takeaway constraints.
Malaysian Prime Minister Mahathir Mohamad said on Aug. 21 that the Chinese-funded $20 billion East Coast Rail Link (ECRL) project and a natural gas pipeline project in Sabah will be cancelled for now, according to media reports.