Midstream

  • Keyera Still Expects To Spend $700-$800MM But Monitoring Market Conditions

    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

  • Tidewater’s New Assets Boost 2019 Results

    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 Picking Up Pioneer Pipeline

    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

  • Tourmaline Spin-Off Topaz Appoints Executives

    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

  • B.C. Eyed For Pembina LNG Project

    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

  • Expansion Planned For Pembina Prince Rupert Propane Export Terminal

    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

  • Coronavirus Outbreak Hasn’t Affected AltaGas’s RIPET Operations

    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

  • RIPET, Utilities Segment Boost AltaGas Results

    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 Closes First Phase Of Midstream Transaction

    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

  • Strong Segment Results Translate Into Record Year For Keyera

    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 Wraps Up Busy 2019, Storage Sale Expected In 2020

    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

  • Owning Infrastructure Gives ARC ‘Optionality,’ CEO Tells Investment Community

    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

  • Late 2020 Construction Start Eyed For Keyera Joint Venture Liquids Pipeline

    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 Discusses Petchem Project; Jordan Cove Working Through Approvals

    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

  • Tidewater’s Prince George Refinery Outperforming Expectations, Says CEO

      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 In Binding Open Season For Ethane Transportation

    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

  • Keyera Wapiti Gas Plant Resumes Operations, Says Pipestone

    Pipestone Energy Corp. says that the Keyera Corp. Wapiti gas plant has resumed operations.

    January 30, 2020, 3:36 PM MST

  • Kingston Westpur Asks CER To Dismiss Secure’s Application

    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

  • Crescent Point Closes Sale Of Gas Infrastructure Assets

    Crescent Point Energy Corp. has closed the sale of certain associated gas infrastructure assets in Saskatchewan for total cash consideration of $500 million.

    January 21, 2020, 12 AM MST

  • Paramount, Pipestone Report Electrical Failure At Keyera Wapiti Gas Plant

    Paramount Resources Ltd. and Pipestone Energy Corp. reported an electrical failure at the Keyera Corp. Wapiti gas plant.

    January 20, 2020, 7:13 AM MST

  • Midstream Company Acquires Interest In Crew Gas Plants For $70 Million

    Crew Energy Inc.  has entered into a purchase and sale agreement with a third party midstream company for the disposition of a 22 per cent net working interest in each of its Septimus and West Septimus gas processing facilities  in northeast British Columbia for a total of $70 million.

    January 17, 2020, 12 AM MST

  • Secure Seeking Access To Westspur Pipeline At Alida Terminal

    Secure Energy Services Inc., which recently shut down its crude oil terminal in Alida, Sask., has applied to the Canada Energy Regulator (CER) for orders to allow it to receive crude oil from, and deliver crude oil to, the Westspur pipeline owned by Kingston Midstream Westspur Limited.

    January 16, 2020, 9:04 AM MST

  • Pembina Pipeline Closes $1B Public Note Offering

    Pembina Pipeline Corporation has closed its previously announced offering of $1 billion of senior unsecured medium-term notes.

    January 10, 2020, 10:53 AM MST

  • Kinder Morgan Sells Pembina Shares

    Kinder Morgan, Inc. has sold all of the approximately 25 million shares of Pembina Pipeline Corporation stock it received in connection with Pembina’s acquisition of the outstanding common equity of Kinder Morgan Canada Limited.

    January 9, 2020, 7:15 AM MST

  • Lump Sum Contract Executed For Pembina Petrochemical Plant

    Pembina Pipeline Corporation says it has increased to $2.7 billion its share of the capital cost of its integrated propane dehydrogenation and polypropylene upgrading (PDH/PP) facility near Redwater.

    January 8, 2020, 11:28 AM MST

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