Midstream

  • Pipestone Reports Unplanned Outage At Keyera Wapiti Gas Plant

    Pipestone Energy Corp. was notified by Keyera Corp. on Aug. 17, 2020 of an issue related to the waste heat recovery system at the Keyera Wapiti gas plant, resulting in an unplanned outage.

    August 25, 2020, 2:27 PM MDT

  • Tidewater Bullish On Prince George Refinery Prospects

    Demand for diesel and gasoline from the Prince George Refinery has increased dramatically in the last 60 days and demand currently is outpacing production, Tidewater Midstream and Infrastructure Ltd.’s chief executive said Thursday.

    August 14, 2020, 9:25 AM MDT

  • Storm To Drill 4 Wells In Q3

    Capital investment in the third quarter for Storm Resources Ltd. is expected to be $10–$15 million, which will include drilling four wells (4.0 net) from an existing pad at Nig Creek plus starting the completions in late September.

    August 13, 2020, 7:31 AM MDT

  • Enerflex Boosts Capital Spending, Chases Unconventional Projects

    Enerflex Ltd. has increased its 2020 capital spending to an estimated $125 million to $130 million, up from $105 million due to additional costs related to COVID-19-induced delays and build-own-operated-maintain (BOOM) projects.

    August 11, 2020, 12 AM MDT

  • Technology Is The Future For Pembina; Company Looks At Restarting Deferred Projects

    How does Pembina Pipeline Corporation build more projects without adding more personnel to the organization? That is a question the company has been asking itself. And the answer is: Technology.

    August 7, 2020, 11:22 AM MDT

  • Pembina Demonstrates Resilience During COVID-Stricken Second Quarter

    Pembina Pipeline Corporation’s physical volumes reached second-quarter lows in early May, at levels roughly down 16 per cent from average levels in the prior two quarters — a decrease of about 135,000 bbls/d due to producer shut-ins and advancement of turnarounds and maintenance work.

    August 7, 2020, 11:17 AM MDT

  • Heartland Petrochemical Complex Remains On Track For Early 2022 Start-Up

    While the COVID-19 pandemic has hit productivity at Inter Pipeline Ltd.’s Heartland Petrochemical Complex (HPC) worksite, the company expects the project to come in on time and to meet its revised budget.

    August 7, 2020, 10:51 AM MDT

  • Lower Conventional Oil Pipeline Throughput And Declining NGL Processing Spread Hits Inter Pipeline Second Quarter Results

    Inter Pipeline Ltd. reported net income of $63 million in the second quarter of 2020 compared to $260 million in the same quarter of 2019 as utilization of its pipelines dipped and natural gas liquids processing spreads declined due to the COVID-19 pandemic and severe downturn in oil prices early in the quarter.

    August 7, 2020, 9:14 AM MDT

  • Board Moves At Inter Pipeline

    Inter Pipeline Ltd. announced that Richard Shaw and Brant Sangster will be retiring from its board of directors effective at the May 2021 annual general meeting.

    August 7, 2020, 6:38 AM MDT

  • Gibson Sees Continued Storage Opportunities With Pipeline Limitations And Projects

    Gibson Energy Inc. expects more reliance on storage during periods of limited egress in the medium to long-term, especially with pipeline upsets or to facilitate crude-by-rail, possibly leading customers to increasing available storage.

    August 6, 2020, 12 AM MDT

  • Keyera Looking To Petrochemical Opportunities

    Keyera Corp. made significant progress to enhance its long-term competitive positioning by reducing its overall cost structure in the second quarter. The company expects these efforts to contribute a total annual improvement in earnings before tax of between $45 million and $65 million, with the majority to begin in 2021.

    August 6, 2020, 1:12 PM MDT

  • Keyera Coping With COVID

     While the economic and commodity price environment remains uncertain due to the recent surge in COVID-19 cases globally, Keyera Corp. said it “continues to focus on what we can control and take prudent steps to address the short-term challenges and enhance the long-term success of the company and our customers.

    August 6, 2020, 1:13 PM MDT

  • CSV Midstream Completes Expansion of Karr 6-18 Sour Gas Plant

    CSV Midstream Solutions Corp. completed the expansion of its Karr 6-18 sour natural gas processing plant acquired from Paramount Resources Ltd. in 2019.

    August 6, 2020, 7:17 AM MDT

  • Gibson Benefits From ‘More Normalized’ Business Environment In Q2

    Gibson Energy Inc. saw the return of a ‘more normalized’ business environment during the second quarter, which included resumed discussions with several potential customers for both additional tankage and future diluent recovery unit (DRU) phases in Hardisty, with the economy reopening and the partial recovery in oil prices.

    August 5, 2020, 9:43 AM MDT

  • AltaGas On Track For 50,000 Bbls/D At RIPET

    AltaGas Ltd. managed to do something in its second quarter that is somewhat unique these days in the Canadian oil and gas sector — produce a solid profit and even provide an optimistic outlook — despite the headwinds created by the COVID-19 pandemic.

    July 30, 2020, 9:42 AM MDT

  • Management Changes At Wolverine Energy

    Wolverine Energy and Infrastructure Inc. hired Matthew Greenberg as the vice-president of finance.

    July 28, 2020, 6:08 PM MDT

  • 2020 Top Operators Report: Downstream Integration, Long A Successful Strategy For Oil Producers, Now Creating Value In Natural Gas Complex

    Vertical integration has paid off for oil producers who have spread risk throughout the value chain while capturing increased revenues by adding value along the way.

    July 22, 2020, 7:11 AM MDT

  • Peyto Looks To Fill Vacant Space At Its Natural Gas Plants With Third-Party Volumes

    When it comes to its nine natural gas plants connected with an extensive pipeline network, Peyto Exploration & Development Corp.’s focus of late has been on attracting nearby third-party volumes, says the chief operating officer.

    July 10, 2020, 7:20 AM MDT

  • Improved Cost Efficiencies A Priority For Pembina Pipeline

    Pembina Pipeline Corporation is putting a lot of time and effort into improving cost efficiencies and getting projects shovel ready for what it believes will be higher commodity prices beginning late next year, its chief executive said Wednesday. 

    July 9, 2020, 7:39 AM MDT

  • Topaz Completes Advantage/Glacier Plant Deal; Appoints Board Member

    Topaz Energy Corp. has completed a strategic infrastructure acquisition whereby it acquired, for cash consideration of $100 million, a 12.5 per cent working interest in Advantage Oil & Gas Ltd.'s Glacier gas plant, which has raw gas processing capacity of 400 mmcf/d and services the Montney.

    July 2, 2020, 11:09 AM MDT

  • Tidewater Announces Definitive Agreement To Sell Pioneer Pipeline

    Tidewater Midstream and Infrastructure Ltd. announces that, with its partner TransAlta Corporation, it has entered into a definitive purchase and sale agreement with respect to the previously announced sale of the Pioneer Pipeline to NOVA Gas Transmission Ltd., a wholly-owned subsidiary of TC Energy Corporation, for total cash consideration of $255 million.

    June 18, 2020, 9:42 AM MDT

  • AltaGas Closes $500 Million Medium Term Note Offering

    AltaGas Ltd. has completed its issue of $500 million of senior unsecured medium term notes with a coupon rate of 2.157 per cent, maturing on June 10, 2025.

    June 10, 2020, 9:04 AM MDT

  • AltaGas In $500 Million Medium-Term Note Offering

    AltaGas Ltd. has agreed to issue $500 million of senior unsecured medium-term notes with a coupon rate of 2.157 per cent, maturing on June 10, 2025.

    June 9, 2020, 12 AM MDT

  • Inter Pipeline In $700 million Medium Term Note Offering

    Inter Pipeline Ltd. has agreed to issue $700 million of senior unsecured medium-term notes in the Canadian public debt market.

    May 29, 2020, 12 AM MDT

  • Keyera Closes $400 Million Public Note Offering

    Keyera Corp. has closed its previously announced offering of $400 million of senior unsecured medium term notes.

    May 29, 2020, 8:31 AM MDT

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