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Gibson Energy Recognized as Sustainability Leader and Announces Establishment of Expanded Sustainability and ESG Targets

Gibson Energy Recognized as Sustainability Leader and Announces Establishment of Expanded Sustainability and ESG Targets
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Stocks Yield, Stonk Soars

Stocks Yield, Stonk Soars Andrew Stuttaford © Igor Kutyaev/Getty Images Welcome to the Capital Note, a newsletter about business, finance, and economics. On the menu today: inflation fears deflate stocks, from pipeline to railroad, China’s (latest) green-jobs threat, working from the office, and crime and the minimum wage. To sign up for the Capital Note, follow this link. ‘All is Well’ I saved this story as something to write about on another day, but then yesterday happened: Hedge fund manager Bill Ackman is betting on interest rates rises crashing stock markets, as the American investor eyes a repeat of the trade that netted his funds billions of dollars when stocks plunged last year.

Keystone XL s demise shifts crude oil shipments to railways

Keystone XL’s demise shifts crude oil shipments to railways By Robert Tuttle on 2/24/2021 CALGARY (Bloomberg) U.S. President Joe Biden’s decision to cancel the Keystone XL pipeline is sparking renewed interest in shipping Canadian oil-sands crude by rail, and that comes with its own environmental risks. Cenovus Energy Inc. and Imperial Oil Ltd. have increasingly turned to trains to move their crude, with oil exports by rail from Canada more than tripling since July. Now, Gibson Energy Inc. an oil shipping company that signed a 10-year contract with ConocoPhillips to process oil-sands crude before loading it at its train terminal expects other producers to follow suit.

Death of Keystone XL sparks rush to ship oil-sands crude by rail - News for the Oil and Gas Sector

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