The Latest

Canada’s Train Strike Goes Off—Then Back On—the Rails

After the Canadian government stepped in to end the work stoppage, the Teamsters Union indicated that the strike would go forward.

Analysts: Long Canadian Rail Strike Could Exponentially Affect US NGLs, Crude

With the effects of Canada’s rail strike up in the air, the newly opened Trans Mountain Pipeline offers an alternative route for crude headed south.

From Failed Post-Civil War Railroad to Permian Basin Royalties Giant

The Texas Pacific Land Corp. has a storied history, setting it up to thrive in Permian royalties, water, easements and more.

USD Partners to Sell Rail Asset as Part of Forbearance Agreement

Midstream company USD Partners is selling a Canadian train terminal asset as part of a forbearance agreement to avoid foreclosure or default with its lenders. 

Canadian Railway Companies Brace for Strike

A service disruption caused by a strike in May could delay freight deliveries of petrochemicals.

Canadian Railroad Sees Growth in 2024 as Other Transport Centers Struggle

Propane exports drove up a cargo increase at the end of 2023, contributing to a year-end bump in Canadian National Railway earnings.

Energy Transfer to Acquire Crestwood Equity Partners for $7.1 Billion

The all-equity transaction, which includes the assumption of $3 billion of Crestwood debt, adds infrastructure in the Williston and Delaware basins and also provides Energy Transfer with an entry into the Powder River Basin.

Energy Transfer Keeps Focus on Lake Charles LNG Despite Setbacks

Lake Charles LNG is facing regulatory hurdles with the Department of Energy, Energy Transfer executives said during second-quarter earnings call.

USD Partners Sells Wyoming Crude Storage, Rail Terminal

USD Partners divested a crude oil storage, blending and railcar-loading terminal in Casper, Wyoming, and plans to use the proceeds to pay down debt.

US Northeast Faces Potential Energy Shortages as Rails Start to Shut

The upper Northeast relies on rail for shipments of crude oil, natural gas and fuel products more than other regions because of a lack of pipelines.