A long-overlooked oil play that is described as one of the most significant discoveries in Western Canada in recent years will soon be pipeline connected.
May 23, 2019, 12 AM MDT
Keyera Corp. has approximately $2.9 billion in growth capital projects underway, including Key Access Pipeline System (KAPS), and may consider issuing term debt, hybrid notes or preferred shares to fund a portion of this program, company officials said this morning.
May 15, 2019, 9:50 AM MDT
Tidewater Midstream and Infrastructure Ltd. has made a significant step forward in its fee-for-service gas storage business at Pipestone as the gas storage is now fully contracted with connections to two major export pipelines, company shareholders heard Tuesday.
May 15, 2019, 10:40 AM MDT
Keyera Corp. and 50-50 joint venture partner SemCAMS Midstream ULC are proceeding with the development of the $1.3 billion Key Access Pipeline System (KAPS), the companies announced Tuesday.
May 14, 2019, 3:33 PM MDT
Leucrotta Exploration Inc. announced a deal to acquire certain infrastructure including a battery, compression, water injection and pipelines in the Two Rivers area of British Columbia that are in the immediate vicinity of Leucrotta's previously drilled A10-08 Upper Montney light oil well.
May 14, 2019, 6 AM MDT
Kinder Morgan Canada Limited (KML) will remain a standalone entity.
May 10, 2019, 8:02 AM MDT
Inter Pipeline Ltd. generated first quarter of 2019 funds from operations of $211.5 million, $42.7 million lower than the first quarter of 2018.
May 10, 2019, 10:42 AM MDT
Incremental earnings from two new gas plants in Canada contributed to higher segment profit for Tulsa-based SemGroup Corporation in the first quarter of 2019.
May 8, 2019, 11:36 AM MDT
Pembina Pipeline Corporation reported adjusted cash flow from operating activities climbed by nine per cent to $578 million in the first quarter of 2019, compared to the same period in 2018.
May 3, 2019, 7:36 AM MDT
AltaGas Ltd. on Thursday morning announced that it began introducing feedstock to fill its LPG tank for the Ridley Island Propane Export Terminal (RIPET), while releasing strong first quarter results and revealing an asset sale that is part of a plan to raise $1.5-$2-billion through such transactions.
May 2, 2019, 9:44 AM MDT
Wolverine Energy and Infrastructure Inc. has closed its previously announced acquisition of production testing assets from an arm's length, publicly-listed major international oilfield services company and its underwritten and marketed public offering.
May 2, 2019, 6:58 AM MDT
Kinder Morgan Canada Limited says it has secured all material permits and construction will soon begin on a $43 million distillate storage expansion project at its Vancouver Wharves terminal in North Vancouver.
April 18, 2019, 7:20 AM MDT
Secure Energy Services Inc. completed two tuck-in acquisitions, providing the company with a strategic midstream footprint in one of the largest crude oil storage and trading hubs in North America.
April 16, 2019, 12 AM MDT
Gibson Energy Inc.’s extensive terminal asset base will continue to be front and centre for the company going forward as the current business is strong and its outlook for future western Canadian crude tankage demand is robust.
April 3, 2019, 7:21 AM MDT
AltaGas Canada Inc. has completed its $250 million issuance of senior unsecured medium-term notes.
April 3, 2019, 8:56 AM MDT
Pembina Pipeline Corporation has closed its previously announced offering of $800 million of senior unsecured medium-term notes.
April 3, 2019, 9 AM MDT
Gibson Energy Inc. is selling its Canadian Truck Transportation business for aggregate proceeds of approximately $100 million prior to closing adjustments and contingent bonus payments to the company.
April 2, 2019, 10:13 AM MDT
AltaGas Canada Inc. has agreed to issue $250 million of senior unsecured medium-term notes.
April 2, 2019, 5:03 AM MDT
Tidewater Midstream and Infrastructure Ltd. has divested its Pipestone gas plant's 32 MW cogeneration units to Kineticor Resource Corp., a privately held power developer focused on thermal generation in Canada.
March 25, 2019, 6:43 AM MDT
Williams announced a series of transactions that will establish a new platform for the optimization of its midstream operations in the western Marcellus and Utica basins through a long-term partnership with Canada Pension Plan Investment Board (CPPIB).
March 19, 2019, 7:15 AM MDT
Despite a challenging industry environment, Tidewater Midstream and Infrastructure Ltd. says it achieved record financial and operational results in the 2018 fourth quarter, driven mainly by its crude oil infrastructure and gas storage businesses.
March 15, 2019, 8:25 AM MDT
The Cardium play was revitalized with a “proven, innovative completion design,” resulting in a 200 per cent increase in booked Cardium locations, said Peyto Exploration & Development Corp.
March 7, 2019, 6:56 AM MST
Based on its current discussions with customers, Gibson Energy Ltd. remains confident of contracting 500,000 bbls to one million bbls of tankage per year at Hardisty, the company’s chief executive said today.
March 5, 2019, 10:39 AM MST
Gibson Energy Inc. posted higher cash flow from operating activities from continuing operations in both the 2018 fourth quarter and full year as the company benefited from new tankage entering service.
March 5, 2019, 8:03 AM MST
As AltaGas Ltd. prepares for the initial shipment from Western Canada’s first propane export terminal near Prince Rupert, an agreement with a large Montney player is showcasing the company’s integrated strategy, its chief executive said Thursday.
March 1, 2019, 7:14 AM MST