Crescent Point Energy Corp. has agreed to sell certain associated gas infrastructure assets in Saskatchewan to Steel Reef Infrastructure Corp. for total cash consideration of $500 million.
November 14, 2019, 3:53 PM MST
Tourmaline Oil Corp. has completed the transaction creating Topaz Energy Corp., a private, hybrid royalty and infrastructure company with an $800 million capitalization and aggressive long-term growth plans.
November 14, 2019, 11:06 AM MST
Tidewater Midstream and Infrastructure Ltd. says it has decided to delay the expansion at Pipestone (Pipestone Plant 2) “until further notice” and plans to deploy “limited growth capital” in 2020 and focus on optimization and small capital projects with two to three year payouts.
November 14, 2019, 10:37 AM MST
Inter Pipeline Ltd. has priced an offering of $700 million of 6.625 per cent fixed-to-floating rate subordinated notes due Nov. 19, 2079.
November 13, 2019, 11:44 AM MST
SemGroup Corporation enjoyed improved year-over-year segment profit in its Canadian segment for Q3 2019, which offset lower segment profits for Q3 from the company’s U.S. segments.
November 12, 2019, 2:17 PM MST
Delphi Energy Corp. plans to begin its winter capital program in December, assuming its proposed recapitalization transaction becomes effective.
November 8, 2019, 10:27 AM MST
Keyera Corp. currently has a significant capital program underway that extends secured growth out to 2022, and says it expects to invest between $800 million and $900 million in growth capital in 2019 and between $700 million and $800 million in 2020, excluding acquisitions.
November 6, 2019, 11:28 AM MST
After a solid third quarter, Keyera Corp. is “on track to deliver another record year of financial performance,” says David Smith, president and CEO.
November 6, 2019, 11:17 AM MST
During the month of October, Peyto Exploration & Development Corp. spud eight gross, (7.1 net) wells and completed and brought onstream seven gross (5.5 net) Cardium wells.
November 6, 2019, 4:06 PM MST
The Alberta Energy Regulator (AER) will hold a public hearing into an appeal of its decision to approve an application and issue a licence to AltaGas Ltd. to construct and operate a new sweet gas battery on private land 14 kilometres east of Sundre.
November 6, 2019, 9:29 AM MST
Gibson Energy Inc. continues to progress several major growth projects within its Infrastructure segment, including advancing the construction of seven tanks, or 3.5 million bbls of storage, representing a 35 per cent expansion at the company’s Hardisty Terminal.
November 5, 2019, 3:24 PM MST
Pembina Pipeline Corporation’s approval of the first stage of an additional expansion of the Peace pipeline system (Phase IX) means the company now has approximately $1.8 billion of Peace expansions underway, which “in aggregate are trending on time and on budget,” says Mick Dilger, president and CEO.
November 5, 2019, 3:06 PM MST
Pembina Pipeline Corporation generated third quarter earnings of $370 million, an 11 per cent increase over the same period of the prior year.
November 5, 2019, 12 AM MST
Pembina Pipeline Corporation has approved the first stage of an additional expansion of the Peace Pipeline system (Phase IX), which will add additional capacity in the northwest Alberta to Gordondale, Alberta corridor to accommodate increased activity in the Montney.
November 1, 2019, 4:18 AM MDT
The Ridley Island Propane Export Terminal (RIPET) contributed $37 million of normalized EBITDA in its first full quarter of operation strengthening Midstream performance, AltaGas Ltd. said in reporting third quarter 2019 results.
October 30, 2019, 10:57 AM MDT
The start-up of ConocoPhillips’s Montney gas plant has been pushed back a quarter while its Surmont alternative diluent project is on track for start-up in the fourth quarter.
October 29, 2019, 11:21 AM MDT
October 29, 2019, 11:25 AM MDT
October 28, 2019, 8:13 AM MDT
Privately-held Black Swan Energy Ltd. has officially opened its Nig Creek gas processing facility in northeast British Columbia, a facility that will enhance the company’s ability to access premier markets while incorporating various emission reduction initiatives.
October 17, 2019, 11:07 AM MDT
Enbridge Inc. has closed the sale of Enbridge Gas New Brunswick Limited Partnership along with its general partner Enbridge Gas New Brunswick Inc. to Liberty Utilities (Canada) LP, a wholly-owned subsidiary of Algonquin Power & Utilities Corp., for a cash purchase price of C$331 million.
October 2, 2019, 12 AM MDT
TransAlta Corporation and SemCAMS Midstream ULC have entered into definitive agreements to develop, construct and operate a new $105 million cogeneration facility at the Kaybob South No. 3 sour gas processing plant.
October 1, 2019, 3:29 PM MDT
AltaGas Ltd. is selling its indirect, non-operating interest in the Central Penn Pipeline held by its subsidiary WGL Midstream, Inc. to Meade Pipeline Investment, LLC, a subsidiary of NextEra Energy Partners, LP.
September 30, 2019, 12 AM MDT
September 30, 2019, 10:23 AM MDT
Tidewater Midstream and Infrastructure Ltd. has completed commissioning and start-up of the Pipestone sour deep cut gas processing complex.
September 23, 2019, 8:28 AM MDT
Gibson Energy Inc. has closed the previously announced offering of $500 million senior unsecured medium term notes, Series 1.
September 17, 2019, 10:21 AM MDT