CN and Tundra Energy Marketing Ltd., which handles crude oil on behalf of producers in the Williston Basin, including parent company Tundra Oil & Gas Partnership, have signed a memorandum of understanding to construct a crude oil railroad tank car loading terminal near Cromer, Man., to meet the needs of Bakken crude oil producers in Manitoba and Saskatchewan.
Railroads these days are enjoying good “fracking” business—no pun intended—and Wall Street has taken notice.
L.B. Foster Co. on Tuesday announced it has been awarded a contract by RailWorks Track Systems, Inc. to supply 11,000 of its CXT® Concrete Ties for the construction of an unloading facility at the Tesoro oil products refinery in Anacortes, Wash.
Canadian Pacific and Smart Sand, Inc., Wednesday announced a strategic long-term partnership “under which the two companies will supply and ship premium, Northern White frac sand to the unconventional oil and gas industry in key North America producing regions (including the Bakken and Eagle Ford formations, and the Utica and Marcellus Shales).”
Canadian Pacific and U.S. Silica Holdings, Inc. Friday announced a multi-year agreement for the movement of frac sand from U.S. Silica’s newest mining and processing facility in Sparta, Wis., as Class I railroads continue expanding their services in the energy field.
U.S. Silica Holdings, Inc. announced Monday that it has formed “an innovative alliance with BNSF Railway to build a new silica sand storage facility in San Antonio, Tex., that will support the rapidly growing oil and gas extraction industry in the Eagle Ford shale.”