Killajoules

Tesoro And Savage Announce Joint Venture To Construct And Operate Crude-By-Rail Unloading And Marine Loading Facility
Tesoro Corporation ("Tesoro") and Savage Companies ("Savage") today announced the formation of a joint venture between Tesoro Refining & Marketing Company LLC (a subsidiary of Tesoro) and Savage to develop and operate a new 120,000 barrel-per-day (bpd) crude-by-rail unloading and marine loading facility at the Port of Vancouver, Wash., subject to approval by regulatory agencies and Port Commissioners.

Arc Terminals working with CN to build rail terminal at Mobile, Ala., to handle crude-oil shipments to Gulf Coast refineries
Arc Terminals LP (Arc Terminals) announced today it is working with CN (TSX: CNR) (NYSE: CNI) to build a rail tank car unloading terminal in Mobile, Ala., to handle Western Canadian heavy and Bakken light crude oils destined to Gulf Coast refineries.

Southern Pacific Resource Corp. Completes Arrangements To Transport And Market Bitumen Via CN To The U.S. Gulf Coast
Southern Pacific Resource Corp. (“Southern Pacific” or the “Company”) (TSX: STP) announced today completion of a long-term arrangement to transport its bitumen to the U.S. Gulf Coast via the rail network of CN (TSX: CNR) (NYSE: CNI). Under this arrangement, Southern Pacific expects to significantly increase its plant gate bitumen netback using rail transportation that reduces diluent costs, and offers access to Brent-based pricing as opposed to selling its bitumen into a pipeline that offers access to West Texas Intermediate (WTI) based pricing.