11sep19 globe and mail oil

Here are the top stories from The Globe and Mail's oil and energy section on September 11, 2019:

Headlines:

  1. Suncor's profit soars as oil sands production rises: Suncor Energy Inc. reported a significant increase in profit in the second quarter, driven by higher production from its oil sands operations.
  2. Enbridge's Line 3 pipeline replacement project faces new delay: Enbridge Inc.'s replacement project for its Line 3 pipeline, which carries crude oil from Alberta to Wisconsin, has been delayed again due to regulatory issues.
  3. Cenovus Energy's profit falls short of expectations: Cenovus Energy Inc. reported a lower-than-expected profit in the second quarter, due to lower crude oil prices and higher operating costs.
  4. TransCanada's Keystone XL pipeline faces new legal challenge: A new legal challenge has been filed against the Keystone XL pipeline, which would transport crude oil from Alberta to the U.S. Gulf Coast.
  5. Oil prices rise as U.S. crude stockpiles decline: Oil prices rose on Wednesday as U.S. crude stockpiles declined more than expected, according to data from the Energy Information Administration.

Articles:

  1. Suncor's oil sands production rises, but costs remain a challenge: Suncor's oil sands production rose in the second quarter, but the company's profit was still impacted by higher operating costs.
  2. Enbridge's Line 3 pipeline replacement project faces new delay: Enbridge's Line 3 pipeline replacement project has been delayed again due to regulatory issues, which could impact the company's ability to meet its 2020 deadline.
  3. Cenovus Energy's profit falls short of expectations: Cenovus Energy's profit fell short of expectations in the second quarter, due to lower crude oil prices and higher operating costs.
  4. TransCanada's Keystone XL pipeline faces new legal challenge: A new legal challenge has been filed against the Keystone XL pipeline, which would transport crude oil from Alberta to the U.S. Gulf Coast.
  5. Oil prices rise as U.S. crude stockpiles decline: Oil prices rose on Wednesday as U.S. crude stockpiles declined more than expected, according to data from the Energy Information Administration.