On the heels of an unsolicited offer by Brookfield Infrastructure Partners L.P. to buy Inter Pipeline Ltd., the latter has launched a comprehensive review of strategic alternatives.
February 18, 2021, 3:23 PM MST
Brookfield Infrastructure Partners L.P. intends to pursue a privatization transaction to acquire all of the outstanding common shares of Inter Pipeline Ltd. not already owned by Brookfield Infrastructure, at a price per IPL share of C$16.50.
February 10, 2021, 5:15 PM MST
Increased competitive pressures from other pipeline construction projects in Western Canada have increased the forecast gross cost of the Keyera Access Pipeline System (KAPS) pipeline to $1.6 billion from $1.3 billion, Keyera Corp. said today.
February 10, 2021, 11:24 AM MST
Keyera Corp. delivered adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) for the fourth quarter of $168 million, contributing to $873.58 million for 2020.
February 10, 2021, 10:47 AM MST
February 5, 2021, 6 AM MST
AltaGas Ltd. appointed a new independent director, Jon-Al Duplantier, effective today.
February 2, 2021, 6:09 AM MST
Siemens Energy recently completed the commissioning of one feed and sales gas train and one refrigeration compression train for the Pipestone processing facility in Grand Prairie
January 29, 2021, 7:20 AM MST
The Impact Assessment Agency of Canada (IAAC) says it is seeking public feedback related to a proposed salt cavern storage expansion project for natural gas liquids in Alberta.
January 26, 2021, 9:18 AM MST
An Alberta Energy Regulator (AER) public hearing has been cancelled after landowners withdrew their request for a hearing into an application by Keyera Energy Ltd. for two pipelines that are part of its Access Pipeline System project in northwestern Alberta.
January 26, 2021, 10:47 AM MST
Topaz Energy Corp. has acquired a working interest certain Alberta Montney water infrastructure assets.
January 25, 2021, 3:40 PM MST
Pembina Pipeline Corporation has closed its $600 million, 4.80 per cent fixed-to-fixed rate subordinated notes, Series 1, due Jan. 25, 2081.
January 25, 2021, 9:44 AM MST
Topaz Energy Corp. completed two previously announced gross overriding royalty acquisitions.
January 4, 2021, 6:29 AM MST
Tamarack Valley Energy Ltd. closed of the sale of a newly created two per cent gross overriding royalty to Topaz Energy Corp. on a select portion of the acquired Clearwater properties completed on Dec. 21, 2020.
December 23, 2020, 1:53 PM MST
December 22, 2020, 12 AM MST
Keyera Corp. and Samsung Renewable Energy Inc. have signed a 15-year PPA.
December 15, 2020, 4:21 AM MST
Pembina Pipeline Corporation has set a 2021 capital budget of $730 million as it reactivates two previously deferred growth projects, a revised Phase VII Peace Pipeline expansion and Empress co-generation facility, although a joint venture petrochemical project has been suspended indefinitely.
December 14, 2020, 11:38 AM MST
Inter Pipeline Ltd. plans to spend $1 billion in capital for 2021.
December 10, 2020, 4:06 PM MST
Gibson Energy Inc. will issue $250 million of 5.25 per cent fixed-to-fixed rate subordinated notes due Dec. 22, 2080.
December 9, 2020, 2:55 PM MST
Rockpoint Gas Storage named Tobias (Toby) J. McKenna as the new chief executive officer of the Rockpoint gas storage platform entities effective Nov. 30, 2020.
December 9, 2020, 2:58 PM MST
Pipestone Energy Corp. has entered into an agreement with Veresen Midstream LP for an additional 50 mmcf/d of gas processing capacity at the Veresen Midstream Hythe gas plant as well as ancillary transportation and fractionation services with Pembina Pipeline Corporation and certain of its affiliates.
December 8, 2020, 8:16 AM MST
Phoenix Park Energy Marketing LLC (PPEM) has announced plans to construct the Southern Gateway Rail Hub, a 30,000 bbl/d LPG rail terminal in Corpus Christi, Tex. to serve export markets from local LPG supply sources.
December 3, 2020, 8:06 AM MST
AltaGas Ltd. has completed its issue of $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 a coupon rate of 2.477 per cent, maturing on Nov. 30, 2030.
November 30, 2020, 9:53 AM MST
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