Torq Energy Logistics
5 September 2018
CALGARY, Alberta - Torq Energy Logistics Ltd. announced a new frac sand transloading facility with operations commencing at Buick Creek, B.C., 75 kilometers northwest of Fort St. John. The terminal is being developed by an affiliate of TORQ and will be operated by TORQ Transloading Inc.
CALGARY, Alberta (Reuters) - TransCanada Corpâ€™s decision this week to scrap its $12 billion Energy East pipeline and delays to other export pipeline projects look set to increase producersâ€™ reliance on costly crude-by-rail to bring barrels to market.
Oilweek.com featured Torq Transloading in their recent article regarding the focus of heavy crude producers on delivery product via rail.
24 December 2013
Torq Energy Logistics, Ltd. and KKR announced that they have entered into a definitive agreement, pursuant to which KKR has committed to invest a total of C$250 million to fund Torq's capital program and acquisition strategy.
09 January 2014
Financial Post reports on how the lack of pipeline capacity has prompted oil producers to increase usage of crude-by-rail for product deliveries.