En Español

Very usefull links


News links




Dow Jones

Oil price



Views and News





Alberta oil sands upgraders warn customers of volume cuts




By Reuters Staff

CALGARY, Alberta
Petroleumworld 11 21 2017

Two oil sands upgraders in Alberta have warned customers about cuts to synthetic crude output in November because of upsets at the plants, market sources said on Monday.

Shell Canada, a unit of Royal Dutch Shell, has told customers synthetic crude volumes from its 255,000-barrel-per-day Scotford, Alberta, upgrader may be reduced in November and potentially December, trading sources said on Monday.

Shell told customers it took units at Scotford offline on Wednesday because of a valve leak and the duration of the repair was unknown, according to sources.

A company spokeswoman declined to comment.

In a separate incident, the Syncrude oil sands project, which has capacity to produce nearly 350,000 bpd, in northern Alberta has also told customers it will cut synthetic crude volumes by around 5 percent in November, two trading sources said.

A Syncrude spokesman declined to comment.

Trading volumes in the Canadian crude market are currently extremely thin because market players have already nominated how much crude they want to ship on export pipelines next month.

There were no trades in synthetic crude for November or December delivery, according to Shorcan Energy brokers.

On Friday, light synthetic crude from the oil sands for November delivery settled at $5.25 per barrel over the West Texas Intermediate benchmark, while December barrels settled at $2.70 per barrel over WTI.

Reporting by Nia Williams and Catherine Ngai; Editing by Cynthia Osterman from Reuters.

reuters.com 11 20 2017

We invite all our readers to share with us
their views and comments about this article.
Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels



Contact: editor@petroleumworld.com,

Editor & Publisher:Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2016, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2017, Petroleumworld   / Elio Ohep - All rights reservedThis site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.