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Jul 7, 2013

Quebec rail disaster shines critical light on oil-by-rail boom

July 7 (Reuters) – The deadly train derailment in Quebec
this weekend is set to bring intense scrutiny to the dramatic
growth in North America of shipping crude oil by rail, a
century-old practice unexpectedly revived by the surge in shale
oil production.

At least five people were killed, and another 40 are
missing, after a train carrying 73 tank cars of North Dakota
crude rolled driverless down a hill into the heart of
Lac-Megantic, Quebec, where it derailed and exploded, leveling
the town center.

Jul 7, 2013

Train in Canadian derailment headed by Chicago rail veteran

By P.J. Huffstutter and Scott Haggett

(Reuters) – The railroad whose freight cars derailed and burst into an oil-fueled fire in a small Canadian town on Saturday is headed by a Chicago-area railroad veteran whose career included work with railways in Australia, New Zealand, Britain, Estonia and Poland.

Edward A. Burkhardt’s Rail World Inc is a privately held rail management and investment firm based outside Chicago. The little-known Rosemont, Illinois, company also has current ties to freight railways in Poland.

Jun 26, 2013

As floodwaters rose, Calgary mayor made his mark

CALGARY, Alberta, June 26 (Reuters) – By last Friday morning
in Canada’s oil capital, the scope of the disaster facing
Calgary was becoming clear, and the reputation of the city’s
first-term mayor was rising along with the floodwaters.

As the two rivers in the city of 1.1 million reached new
heights in the worst flooding the province of Alberta has ever
seen, a growing list of neighborhoods were evacuated and the
downtown home to Canada’s largest oil companies was shut down as
electrical substations failed.

Jun 24, 2013

Calgary races to save Stampede as flood costs mount

CALGARY, Alberta, June 24 (Reuters) – Calgary will push
ahead with its annual Stampede festival on July 5, a marquee
event that draws 1 million people, despite massive flooding that
swamped the venue and left the downtown of Canada’s oil capital
without power, officials said on Monday.

The worst flooding in decades late last week turned streets
in Calgary and surrounding towns into fast-running rivers,
wreaking damage that will likely cost the province of Alberta
billions of dollars for repairs and clean-up operations.

Jun 24, 2013

Calgary struggles to restore services as massive flood recedes

CALGARY, Alberta, June 24 (Reuters) – With water levels
receding after devastating flooding in southern Alberta, the
Canadian oil industry capital of Calgary labored on Monday to
restore power and assess damage to its downtown core, while a
state of emergency remained in effect.

Officials said about 65,000 residents returned to homes they
left on Friday after the Bow and Elbow rivers spilled their
banks after days of heavy rainfall. But central Calgary remained
mostly shut down.

Jun 22, 2013

Floods shut down Canada’s oil capital, two killed

CALGARY, Alberta (Reuters) – The heaviest floods in decades shut down the Canadian oil capital of Calgary on Friday, forcing the evacuations of tens of thousands of residents and shutting the Alberta city’s downtown core.

The bodies of two men were found near High River, Alberta, a town of 13,000 located about 60 km (37 miles) south of Calgary. The Royal Canadian Mounted Police said two other people were missing, including a woman who was swept away with her camper.

Jun 21, 2013

Floods shut down Canada’s oil capital, four may be dead

CALGARY, Alberta (Reuters) – The heaviest floods in decades shut down the Canadian oil capital of Calgary on Friday, with an evacuation of the downtown core and tens of thousands of residents forced to leave their homes.

Police said four people may have died in the town of High River, located about 60 km (37 miles) south of Calgary, including a woman who was swept away with her camper and a man seen falling from a canoe in the swollen Highwood River.

Jun 21, 2013

Floods cripple Canada’s oil capital, tens of thousands displaced

CALGARY, Alberta (Reuters) – The heaviest floods in decades shut down the Canadian oil capital of Calgary on Friday, closing roads and bringing down bridges across southern Alberta, and forcing tens of thousands of residents to leave their soggy homes.

There were no reports of deaths or injuries, even as people retreated rapidly from flooded areas by road, boat or helicopter.

Jun 11, 2013

Encana names BP Gulf spill veteran as its new CEO

CALGARY/HOUSTON (Reuters) – Encana Corp (ECA.TO: Quote, Profile, Research, Stock Buzz) named former BP Plc (BP.L: Quote, Profile, Research, Stock Buzz) executive Doug Suttles, who played a major role in responding to BP’s disastrous 2010 Gulf oil spill, as its new chief executive on Tuesday as Canada’s largest natural-gas producer searches for a new course following years of strategic missteps.

Suttles, a nearly three-decade veteran of the oil and gas industry, is taking the reins from interim CEO Clayton Woitas, a board member who replaced former CEO Randy Eresman temporarily when Eresman left the company unexpectedly in early January. Suttles was also named an Encana director.

Jun 11, 2013

Encana names former BP executive as CEO

CALGARY, Alberta, June 11 (Reuters) – Encana Corp
named former BP Plc executive Doug Suttles as its new
president and chief executive on Tuesday as Canada’s largest
natural-gas producer searches for a new course following years
of strategic missteps.

Suttles, a nearly three-decade veteran of the oil and gas
sector, is taking the reins from interim CEO Clayton Woitas, a
board member who replaced former CEO Randy Eresman temporarily
when Eresman left the company unexpectedly in early January.
Suttles was also named an Encana director.

    • About Scott

      "Based in Calgary, Alberta, I've covered Canada's energy industry and the oil sands for the past five years for Reuters, and a decade before that for newspapers and other wire services."
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