• Tenaz Energy Acquires European Gas Assets

    Tenaz Energy Corp. has closed the acquisition of 100 per cent of the issued and outstanding shares of a private company with Netherlands upstream and midstream assets.

    December 20, 2022, 1:26 PM MST

  • BTG Capital Successfully Closes C$74.2 Million Inaugural Fund

    BTG Capital Inc. announced the final closing of its inaugural private equity fund, BTG Energy Infrastructure Partners LP Fund I, with C$74.2 million in total commitments from institutional and family office investors.

    December 20, 2022, 3:05 PM MST

  • Keyera Closes $230 Million Bought Deal Equity Offering

    Keyera Corp. has completed its previously announced bought deal public offering of common shares of the company.

    December 20, 2022, 9:53 AM MST

  • Keyera Increases Interest In Core Fort Saskatchewan Facilities

    Keyera Corp. is acquiring an additional 21 per cent working interest in the Keyera Fort Saskatchewan (KFS) complex from Plains Midstream Canada, bringing its total ownership in KFS to 98 per cent.

    December 14, 2022, 2:32 PM MST

  • Pembina Pipeline Outlines 2023 Capital Program

    Pembina Pipeline Corporation announced 2023 adjusted EBITDA guidance of $3.5 to $3.8 billion and a 2023 capital investment program of $730 million.

    December 12, 2022, 7:14 AM MST

  • Aramco In Talks With Investors On $110 Billion Gas Project

    December 12, 2022, 7:35 AM MST

  • Paramount Production Affected By Unplanned Outages

    Paramount Resources Ltd.’s Grande Prairie Region production was affected by unplanned outages and curtailments in November and early December at the third-party Wapiti natural gas processing plant and unexpected infrastructure downtime at Karr. 

    December 9, 2022, 8:29 AM MST

  • AltaGas Lays Out 2023 Investment Plan

    AltaGas Ltd. is maintaining a disciplined and self-funded capital program of approximately $930 million in 2023, excluding asset retirement obligations (ARO).

    December 5, 2022, 12 AM MST

  • AltaGas Announces CEO Succession Plan

    Randy Crawford, president and CEO of AltaGas Ltd. for the past four years, will retire from the organization in the first half of 2023 as part of a planned leadership succession process, the company announced today.

    November 21, 2022, 5:51 AM MST

  • Deleveraging Balance Sheet And Integration Of Exterran Assets Short Term Focus At Enerflex

    Enerflex Ltd. will spend the next year repairing its balance sheet, integrating assets from its recent US$735 million acquisition of Houston-based competitor Exterran Corp. and completing three major infrastructure projects, president and chief executive officer Marc Rossiter told analysts at the company’s third quarter 2022 conference call.

    November 16, 2022, 10:48 AM MST

  • Tidewater Sees Gas-Processing Growth Ahead, Along With Potential Pipestone Plant Expansion

    Strong third quarter drilling activity surrounding Tidewater Midstream and Infrastructure Ltd.’s three gas processing facilities resulted in improved utilization across its Deep Basin and Montney operations, chief executive officer Joel MacLeod told analysts at the company’s 2022 third quarter conference call.

    November 15, 2022, 9:25 AM MST

  • Kelt Sets Initial 2023 Spending Plan

    Kelt Exploration Ltd. announced an initial capital expenditure budget of $310.0 million for 2023.

    November 10, 2022, 8:52 AM MST

  • Continued Strong Refinery Performance Drives Tidewater Midstream And Infrastructure Third Quarter Results

    Strong performance from its Prince George refinery and greater contributions from the Tidewater Renewables Ltd. business resulted in increased earnings for Tidewater Midstream and Infrastructure Ltd. in the third quarter of 2022.

    November 10, 2022, 7:53 AM MST

  • KAPS Now 90% Complete, Costs Up: Keyera

    As of the end of October, Keyera Corp. said that the Key Access Pipeline System (KAPS) is 90 per cent complete with $850 million (net to Keyera) spent to date.

    November 9, 2022, 12 AM MST

  • Keyera Adds Capacity To Pipestone Plant

    In the third quarter, Keyera Corp. added 20 mmcf/d of capacity at its Pipestone gas plant by relicensing the facility to 220 mmcf/d.

    November 9, 2022, 12 AM MST

  • Pembina Pipeline Reloading Balance Sheet To Fund Growth Opportunities

    Pembina Pipeline Corporation plans on using any excess cash flow generated in the next year to reload its balance sheet in anticipation of funding a long list of potential growth opportunities worth up to $4 billion, company executives told analysts at its third quarter conference call.

    November 7, 2022, 12 AM MST

  • Pembina Pipeline Reports One Time Boost In Earnings On Sale Of Assets To New Gas Infrastructure Joint Venture

    Pembina Pipeline Corporation reported earnings of $1.83 billion in the third quarter 2022 driven by a $1.1 billion gain on the sale of assets related to the formation of the new Pembina Gas Infrastructure Inc. joint venture with partner KKR.

    November 4, 2022, 8:56 AM MDT

  • Gibson Energy Taking Measured Approach To Infrastructure Growth Opportunities

    Gibson Energy Inc. is looking to grow its core liquids infrastructure business and build out new energy transition operations as alternative fuel production expands, but any opportunities will have to fit within its current investment parameters, president and chief executive officer Steve Spaulding said at the company’s third quarter conference call Tuesday.

    November 1, 2022, 10:10 AM MDT

  • Topaz’s Average Royalty Output Down Sequentially

    Topaz Energy Corp.’s Q3 2022 average royalty production of 16,485 boe/d decreased one per cent from Q2 2022 (16,676 boe/d) due to planned and unplanned maintenance activities that limited certain natural gas (and natural gas liquids) processing capability.

    November 1, 2022, 2:34 PM MDT

  • AltaGas Taking Action To Improve LPG Export Margins

    High transportation costs, combined with weakness in butane prices, sunk AltaGas Ltd.’s midstream profitability in the third quarter of 2022.

    October 31, 2022, 6 AM MDT

  • Cost Inflation, Volatile Commodity Prices Take Bite Out Of AltaGas’ Midstream Business In Q3

    Higher transport costs, combined with oil and natural gas liquids pricing volatility, resulted in lower income for AltaGas Ltd.’s midstream business in the third quarter of 2022, the company reported on Friday.

    October 28, 2022, 6:43 AM MDT

  • CSV Midstream Announces FID For Albright Sour Gas Processing Plant

    CSV Midstream Solutions Corp. has reached a final investment decision to proceed with its Albright Sour Gas Processing Facility to be constructed near Grande Prairie, Alta.

    October 25, 2022, 6:23 AM MDT

  • Topaz Closes Clearwater Royalty Acquisition

    Topaz Energy Corp. has completed the acquisition of a newly-created five per cent gross overriding royalty interest on Deltastream Energy Corporation's entire Clearwater acreage in Alberta, for total cash consideration of $265.3 million, before customary closing adjustments.

    October 3, 2022, 6:30 AM MDT

  • Teine Closes Asset Acquisition

    Teine Energy Ltd. has closed the purchase of the Chauvin oil pool and Hardisty Midstream and Marketing business.

    September 29, 2022, 1:52 PM MDT

  • CER Confirms Sale Of Four Pipelines From Cenovus To CNRL

    The Commission of the Canada Energy Regulator (CER) has received a letter dated March 14, 2022 confirming the completion of a transaction whereby Cenovus Energy Inc. sold the following four pipelines to Canadian Natural Resources Limited.

    September 16, 2022, 9:54 AM MDT

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