Pembina Pipeline Corporation’s top executive says the company’s $4.35 billion stock and cash offer to buy Kinder Morgan Canada Limited’s assets and the U.S. portion of the Cochin pipeline system represents an “ideal opportunity” to continue building on its low-risk, long-term, fee-for-service business model while extending its reach into the U.S.
August 21, 2019, 11 AM MDT
August 20, 2019, 7:24 AM MDT
Pipestone Energy Corp. appointed Dustin Hoffman as chief operating officer, to be effective Sept. 9, 2019.
August 16, 2019, 12 AM MDT
Tidewater Midstream and Infrastructure Ltd. expects to make a final investment decision within the next 60 to 90 days on whether to proceed with the second phase of its fully-contracted Pipestone gas plant, says its chief executive.
August 14, 2019, 12 AM MDT
Storm Resources Ltd. has reduced its 2019 capital investment to $110 million from $128 million in response to lower natural gas prices and reduced forecast funds flow due to the multiple outages experienced at Enbridge Inc.’s McMahon gas plant.
August 14, 2019, 9:47 AM MDT
Pipestone Energy Corp. says its net capital investment program continues to be on-track, on-time, and either on or under budget resulting in a reduced net capital guidance range for 2019 of $145 million to $155 million.
August 12, 2019, 12 AM MDT
Inter Pipeline Ltd.’s bulk liquid storage business in Europe stands out as the right asset to monetize as the company funds a substantial growth program in Alberta including the $3.5-billion Heartland Petrochemical Complex (HPC), executives said on Friday.
August 9, 2019, 11:21 AM MDT
SemGroup Corporation’s Canadian segment posted a second quarter 2019 profit of $29.67 million, up from $21.45 million in the second quarter of 2018.
August 9, 2019, 10:32 AM MDT
Tidewater Midstream and Infrastructure Ltd. has closed its previously announced $75 million bought-deal financing of five-year convertible unsecured subordinated debentures.
August 8, 2019, 8:29 AM MDT
August 8, 2019, 9:02 AM MDT
Gibson Energy Inc. is refining its expected 2019 capital budget to between $230 million and $280 million, reflecting growth projects the company has added since the start of this year.
August 7, 2019, 11:16 AM MDT
All three of Keyera Corp.’s business segments generated strong results in the second quarter of 2019 as the company posted adjusted EBITDA of $249.37 million, an increase of 18 per cent over $209.91million in the comparable 2018 quarter.
August 7, 2019, 10:18 AM MDT
A maintenance turnaround scheduled for 2020 at the Alberta EnviroFuels facility in Edmonton has been deferred until 2021 with some of that work moved up to this year, says Keyera Corp.
August 7, 2019, 10:47 AM MDT
Inter Pipeline Ltd. says it has received commercial support for the construction of a $100 million pipeline connection between its Bow River and Central Alberta pipeline systems.
August 7, 2019, 12 AM MDT
Keyera Corp. has appointed Blair Goertzen to its board of directors.
August 7, 2019, 4:07 AM MDT
Plains LPG Services (PLPGS) is soliciting interest from third-party customers for storage and terminalling services.
August 7, 2019, 12 AM MDT
With construction underway on its propane export terminal at Prince Rupert, Pembina Pipeline Corporation is talking to its customers about a fractionator in northeast British Columbia, a company official said Thursday.
August 2, 2019, 12 AM MDT
AltaGas Ltd. is showing that its bet on a $500-million propane export terminal in B.C. is starting to pay off, after releasing second quarter results Thursday that include financial contributions from its Ridley Island Export Terminal (RIPET).
August 1, 2019, 9:16 AM MDT
Catherine Best has retired from the AltaGas Ltd. board of directors.
August 1, 2019, 6:39 AM MDT
Paramount Resources Ltd. has closed the previously announced sale of its Karr 6-18 natural gas facility to CSV Midstream Solutions Corp. for total consideration of approximately $470 million.
August 1, 2019, 7:59 AM MDT
Pipestone Energy Corp. announced a midstream transaction with Tidewater Midstream and Infrastructure Ltd.
July 23, 2019, 2:47 PM MDT
AltaGas Ltd. is selling its portfolio of U.S. distributed generation assets held by its subsidiaries WGL Energy Systems, Inc. and WGSW, Inc., to TerraForm Power, Inc., an affiliate of Brookfield Asset Management, for total gross proceeds of approximately $940 million (US$720 million).
July 22, 2019, 6:18 AM MDT
Earnings contributions from Kinder Morgan Canada Limited’s Edmonton-area terminals were up nearly 17 per cent in the second quarter of 2019 from the comparable 2018 period, driven primarily by storage capacity additions at its new Base Line Terminal joint venture.
July 18, 2019, 7:14 AM MDT
Midstream companies are eyeing potential expansions and new projects even as they continue work on existing capital projects, a Calgary energy conference heard Wednesday.
July 11, 2019, 8:22 AM MDT
The Environmental Impact Assessment for Pembina Gas Services Ltd.’s proposed sour gas processing facility at Two Lakes in northwest Alberta has been deemed complete under Alberta’s Environmental Protection and Enhancement Act.
July 11, 2019, 10:14 AM MDT