Canada will likely shut-in more than 1.1 million bbls/d of production in Q2 2020 as COVID-19 devastates global oil demand and producing countries fail to agree on output cuts, says Rystad Energy AS.
April 9, 2020, 9:24 AM MDT
Keyera Corp. plans to suspend operations at four of its gas plants located in west-central Alberta.
April 9, 2020, 7:21 AM MDT
Inter Pipeline Ltd. says it is exploring partnership opportunities on its Heartland Petrochemical Complex among other measures to provide greater financial strength and flexibility for its capital program in response to lower global energy prices and the COVID-19 pandemic.
March 30, 2020, 9:58 AM MDT
Industry must cut Western Canada’s crude production by some 11 per cent for April, says Rystad Energy AS, as the country is days away from running out of available storage capacity given the large global supply surplus created by the COVID-19 demand deconstruction and an ongoing Saudi-Russia oil price war.
March 25, 2020, 8:30 AM MDT
Pipestone Energy Corp. was notified by Keyera Corp. on March 16, 2020 of an unplanned outage related to the amine train at the Keyera Wapiti plant.
March 20, 2020, 8:51 AM MDT
In response to the COVID-19 pandemic and the recent significant decline in global energy prices, Pembina Pipeline Corporation has announced an overall reduction of $900 million to $1.1 billion (about 40 to 50 per cent) in its 2020 capital spending plans.
March 18, 2020, 10:28 AM MDT
March 17, 2020, 8:06 AM MDT
Keyera Corp. says it takes a long-term view of its business and remains committed to its strategy of delivering steady disciplined growth to create long-term value for shareholders.
March 16, 2020, 11:26 AM MDT
New assets placed into service in 2019, including the Pipestone Gas Plant and the acquisition of the Prince George Refinery, helped Tidewater Midstream and Infrastructure Ltd. post record adjusted EBITDA of nearly $40 million (12 cents per share) in the fourth quarter of 2019.
March 13, 2020, 11:01 AM MDT
TC Energy Corporation’s NOVA Gas Transmission Ltd. (NGTL), announced an exclusive letter of intent with Tidewater Midstream and Infrastructure Ltd. and TransAlta Corporation to purchase the Pioneer Pipeline for $255 million.
March 12, 2020, 7:17 AM MDT
Marty Staples, currently manager land at Tourmaline Oil Corp., will be joining Topaz as the president and chief executive officer.
March 12, 2020, 7 AM MDT
Pembina Pipeline Corporation continues to wait for a decision from the United States Federal Energy Regulatory Commission (FERC) on its Jordan Cove LNG project in Oregon, a company executive said today.
February 28, 2020, 11:24 AM MST
Pembina Pipeline Corporation in response to customer demand has decided to proceed with a $175 million expansion of its Prince Rupert propane export terminal which currently is under construction on Watson Island, the company said today.
February 28, 2020, 10:44 AM MST
AltaGas Ltd. says propane exports to China and other Asian countries from its Ridley Island Propane Export Terminal (RIPET) in Prince Rupert have not been negatively affected by the coronavirus outbreak.
February 28, 2020, 11:43 AM MST
AltaGas Ltd.’s 2019 financial performance was underpinned by strong growth in the Midstream segment, including significant contributions from the Ridley Island Propane Export Terminal (RIPET), and strong contributions from the Utilities segment.
February 28, 2020, 10:58 AM MST
Crew Energy Inc. confirmed first of two closings of its strategic transaction with a third-party midstream company.
February 28, 2020, 3:34 AM MST
Keyera Corp. achieved record financial results in 2019, delivering net earnings of $444 million (restated for accounting reasons) compared to $403 million in 2018, with all three business segments achieving record results.
February 27, 2020, 10:55 AM MST
Inter Pipeline Ltd. has spent $2.2 billion on the Heartland Petrochemical complex — including $1.2 billion in 2019 in what CEO Christian Bayle said was an ‘capital intensive’ year for the company.
February 24, 2020, 12 AM MST
ARC Resources Ltd. can maintain “optionality” while controlling its cost structure and managing production levels, based on commodity prices, thanks in part to owning and operating its own infrastructure, says top brass.
February 12, 2020, 4:18 PM MST
Keyera Corp. is optimistic that by the end of this year it will be able to start work on its proposed $1.3 billion Key Access Pipeline System (KAPS) joint venture and will have a commissioned pipeline by early 2022, its chief executive said Thursday.
January 31, 2020, 8:06 AM MST
Pembina Pipeline Corporation is not getting into the commodity petrochemical business with its $5.4 billion project near Redwater but rather is getting into the business of providing petrochemical infrastructure, says the company’s chief executive.
January 31, 2020, 8:27 AM MST
The Prince George refinery, which Tidewater Midstream and Infrastructure Ltd. acquired from Husky Energy Inc. late last year, continues to outperform expectations, an investor conference heard Wednesday.
January 31, 2020, 8:46 AM MST
Energy Transfer LP’s subsidiary, Sunoco Pipeline L.P., launched a binding open season to solicit shipper volume commitments for ethane transportation service on its Mariner West pipeline from origin points at Houston, Darlington, Bulger North, and Bulger South, each in Pennsylvania, to Marysville, Michigan and the International Border near Sarnia, Ontario, for onward transportation.
January 31, 2020, 11:14 AM MST
Pipestone Energy Corp. says that the Keyera Corp. Wapiti gas plant has resumed operations.
January 30, 2020, 3:36 PM MST
Kingston Midstream Westspur Limited has asked the Canada Energy Regulator (CER) to dismiss Secure Energy Services Inc.’s recent application “without any further process.”
January 24, 2020, 9:32 AM MST