WorldOil Rail trouble strikes Canada’s oil patch with disrupted shipments Canadian oil shipments are getting snarled once again as protesters block train lines in the latest setback to the nation’s rail-dependent crude industry that was struck by a blazing derailment just last week. Coronavirus impedes Alberta’s drive to reach oil markets in Asia The coronavirus is hampering the Canadian oil industry’s efforts to build relations with crude buyers in Asia. Canadian oil surges on inventory draw and a price pledge from Alberta’s premier Canadian crude rebounded from a one-year low after inventories fell and Alberta’s premier pledged to defend prices. Ovintiv faces investor test on shale after rebranding from Encana Now based in Denver, Ovintiv Inc. will update investors Wednesday on its progress for the shale oil assets in Oklahoma it amassed after the $5.5 billion acquisition of Newfield Exploration Co. in 2018. The last barrel Hope for the Canadian oil industry? Cold blast freezes Canadian oil sands solid, forcing lower prices Temperatures of -30 degrees Celsius (-22 Fahrenheit) and lower have descended on Alberta and Saskatchewan -- cold enough to render the region’s viscous oil rock solid. Gardner Denver field trials new Thunder 5000 HP Quintuplex pump Gardner Denver Petroleum and Industrial Pumps has entered into a six-month field trial of its new Thunder 5000 HP Quintuplex pump, at STEP Energy Services in Alberta, Canada. Canadian gas prices rise after new pipeline rules dampen volatility Canadian natural gas is trading at the highest price relative to U.S. benchmarks in about 10 months after producers cut back on drilling and a rule change on a key Alberta pipeline system last year helped better manage flows of the fuel. Canadian crude-by-rail shipments ready to surge, spurring new investment Crude-by-rail capacity in Alberta is expected to grow by 100,000 bpd in December after the provincial government eased production limits for oil transported by train, the Energy Ministry said Wednesday. Chevron’s LNG exit adds to roster of companies walking away from Canadian energy The U.S. oil giant called time on its Kitimat LNG plant on Wednesday, saying it plans to sell its 50% stake and that the project “will not be funded by Chevron and may be of higher value to another company.”