AltaGas Ltd. has agreed to issue $500 million of senior unsecured medium term notes with a coupon rate of 2.075 per cent, maturing on May 30, 2028 and $200 million of senior unsecured medium term notes with a coupon rate of 2.477 per cent, maturing on Nov. 30, 2030.
November 26, 2020, 11:01 AM MST
While managing COVID during construction at Inter Pipeline Ltd.’s Heartland Petrochemical Complex has had an impact, the project remained on track in the third quarter of 2020, within the $4 billion revised budget and an expected in-service date of early 2022.
November 13, 2020, 11:21 AM MST
Continuing strong performance of the Prince George Refinery (PGR) which achieved 95 per cent utilization and the Pipestone gas plant helped Tidewater Midstream and Infrastructure Ltd. achieve record third quarter results in 2020.
November 13, 2020, 6:41 AM MST
Inter Pipeline Ltd. has successfully closed the sale of the majority of its European bulk liquid storage business to the CLH Group for cash consideration of £420 million, subject to customary closing adjustments.
November 13, 2020, 8:51 AM MST
Tourmaline Oil Corp. spin-off Topaz Energy Corp. generated revenue and other income of $26.4 million and $69.2 million for the three and nine months ended Sep. 30, 2020, respectively.
November 12, 2020, 7:58 AM MST
Topaz Energy Corp. reported that the over-allotment option granted to underwriters related to its IPO to purchase up to an additional 2,509,650 common shares at a price of $13 per common was exercised in full, generating additional gross proceeds to the company of $32,625,450.
November 9, 2020, 12 AM MST
Pembina Pipeline Corporation generally benefits from upstream consolidations such as Tourmaline Oil Corp.’s recent-announced acquisition of Jupiter Resources Ltd. and Modern Resources Inc., says Pembina’s top brass.
November 6, 2020, 10:38 AM MST
Enbridge Inc. continues to advance its Line 3 replacement project in Minnesota with a decision by the Minnesota Pollution Control Agency (MPCA) on its Water Quality Certificate expected by the Nov. 14 statutory deadline.
November 6, 2020, 11:40 AM MST
Crew Energy Inc. announced the second of two closings of its strategic transaction with a third party midstream company.
November 5, 2020, 3:41 PM MST
Keyera Corp. says it expects to invest between $400 million and $450 million in growth capital projects in 2021 with the majority focused on KAPS (Key Access Pipeline System) which it had deferred for a year in response to the COVID-19 pandemic.
November 4, 2020, 11:34 AM MST
Calgary-based utility and midstream company AltaGas Ltd. will consider becoming two separate entities in the future, with a midstream company and a utility, according to its CEO and president.
October 29, 2020, 8:53 AM MDT
AltaGas Ltd. reported this morning that the Ridley Island Propane Export Terminal (RIPET) exported a record 42,736 bbls/d of Canadian propane to Asia during the quarter underpinned by ongoing growth in throughput volumes in northeastern B.C.
October 29, 2020, 8:29 AM MDT
Topaz Energy Corp. has completed its previously announced initial public offering (IPO).
October 26, 2020, 7:34 AM MDT
October 20, 2020, 7:23 AM MDT
AltaGas Ltd. is indirectly acquiring a further 37 per cent of Petrogas Energy Corp.’s equity for about $715 million, providing approximately 74 per cent ownership of the latter.
October 16, 2020, 9:39 AM MDT
October 8, 2020, 8:22 AM MDT
Calgary-based West Coast Olefins Ltd. in the coming weeks expects to file an application with the BC Oil and Gas Commission (OGC) for a straddle plant in the Prince George, British Columbia area, says the company’s chief executive.
October 5, 2020, 9:41 AM MDT
TC Energy Corporation has made a non-binding offer to acquire all the outstanding common units of the master limited partnership TC PipeLines, LP not beneficially owned by TC Energy or its affiliates in exchange for TC Energy common shares.
October 5, 2020, 4:59 AM MDT
TransAlta Corporation and partner Tidewater Midstream & Infrastructure Ltd. are selling the Pioneer pipeline to ATCO Gas and Pipelines Ltd. for $255 million.
October 1, 2020, 6:55 AM MDT
Inter Pipeline Ltd. will acquire the Milk River pipeline system from Plains Midstream Canada ULC in exchange for its 100 per cent ownership interest in the Empress II and 50 per cent ownership interest in the Empress V straddle plants.
September 28, 2020, 5:45 AM MDT
Keyera Corp.’s Wapiti gas plant has resumed operations after an unplanned outage that began on Aug. 17, 2020.
September 25, 2020, 6:40 AM MDT
Topaz Energy Corp. has filed, and obtained a receipt for, a preliminary long form prospectus with the securities regulatory authorities for a proposed initial public offering (IPO) by Topaz and secondary offering by Tourmaline Oil Corp. of Topaz common shares.
September 25, 2020, 7:21 AM MDT
A secure and easy-to-use digital platform designed for collaboration between First Nations communities and oil and gas companies would effectively strengthen industry engagement with Indigenous Canadians, according to one Avatar Program presentation, and ‘TECUMSEH’ is the proposed name for that platform.
September 23, 2020, 9:53 AM MDT
Inter Pipeline Ltd. is selling a major portion of its European bulk liquid storage business to CLH Group.
September 22, 2020, 8:36 AM MDT
September 18, 2020, 10:33 AM MDT