Midstream

  • Topaz Acquires Water Infrastructure In Alberta Montney

    Topaz Energy Corp. has acquired a working interest certain Alberta Montney water infrastructure assets.

    January 25, 2021, 3:40 PM MST

  • Pembina Pipeline Closes Hybrid Note Offering

    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 Closes Pair Of Royalty Acquisitions

    Topaz Energy Corp. completed two previously announced gross overriding royalty acquisitions.

    January 4, 2021, 6:29 AM MST

  • Tamarack Valley Closes GORR Disposition

    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

  • Enbridge To Expand Storage At Cushing Through Pending Acquisition

    December 22, 2020, 12 AM MST

  • Keyera In Long-Term Solar Power Agreement

    Keyera Corp. and Samsung Renewable Energy Inc. have signed a 15-year PPA.

    December 15, 2020, 4:21 AM MST

  • Two Deferred Projects Reactivated, Petrochemical Plant Suspended Indefinitely, Says Pembina

    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 Plans $1 Billion Capital Program

    Inter Pipeline Ltd. plans to spend $1 billion in capital for 2021.

    December 10, 2020, 4:06 PM MST

  • Gibson Energy In $250 Million Hybrid Note Offering

    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 Names New CEO

    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 In Gas Processing Agreement With Veresen Midstream

    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 Plans New Corpus Christi Rail Terminal Hub

    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 Closes $700 Million Medium Term Note Offerings

    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 In $700 Million Medium Term Note Offerings

    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

  • Inter Pipeline’s Heartland Petrochemical Complex Still On Track For 2022 In-service Date

    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

  • Prince George Refinery Continues To Strengthen Tidewater Results

    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

  • Sale Closes For Majority Of Inter Pipeline’s European Bulk Storage Business

    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

  • Topaz Books Revenue Of $26.4 Million In Q3

    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 Closes Over-Allotment Option

    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 Sees Opportunities From Industry Consolidations

    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 Line 3 Replacement Water Permit Decision Expected By Nov. 14

    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 Closes Second Phase Of Midstream Transaction

    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

  • KAPS Construction To Begin In 2021, Says Keyera

    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

  • AltaGas Considering Split

    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

  • Record RIPET Exports, Says AltaGas

    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

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