Inter Pipeline Ltd. says that the Heartland Petrochemical Complex (HPC) partnering process remains active and is expected to conclude in the first half of 2021.
April 22, 2021, 7:37 AM MDT
Topaz Energy Corp. has entered into a non-binding agreement with Tamarack Valley Energy Ltd. for the purchase of a newly created gross overriding royalty interest in the Peace River High area of Alberta for total purchase consideration of $32 million.
April 12, 2021, 6:36 AM MDT
Environmental, social and governance (ESG) performance targets are not merely aspirational for Enbridge Inc.
April 9, 2021, 8:18 AM MDT
With abundant spare land capacity at its Edmonton Terminal site, Gibson Energy Inc. is in a great position to expand its tankage to meet the demands of companies that have allocated space on the Trans Mountain pipeline expansion, says president and CEO Steve Spaulding.
April 9, 2021, 11:17 AM MDT
A material increase in counterparty credit exposure is one benefit for midstream companies from consolidation in the upstream oil and gas space, says James Harbilas, executive vice-president and chief financial officer, AltaGas Ltd.
April 8, 2021, 6:23 AM MDT
Inter Pipeline Ltd. will report first quarter 2021 operating and financial results under a new business structure to align with how it manages budgets and commercially operates its business.
April 8, 2021, 6:58 AM MDT
Gibson Energy Inc. announced a long-term agreement with Suncor Energy Inc. for services at the company’s Edmonton Terminal and the related sanction of an expansion to support the blending and loading of third-party biofuels for Suncor.
March 31, 2021, 6:13 AM MDT
Topaz Energy Corp. is “still seeing a tremendous amount of opportunity, and we’re looking for a tremendous amount of opportunity,” on the deal front, its top executive said this morning.
March 18, 2021, 9:51 AM MDT
Tourmaline Oil Corp.’s midstream spin-out Topaz Energy Corp. plans to spend $1 million-$2 million in 2021, excluding acquisitions.
March 18, 2021, 7:08 AM MDT
Inter Pipeline Ltd. board chair Richard Shaw has retired and will be replaced by Margaret McKenzie.
March 18, 2021, 2:53 PM MDT
AltaGas Ltd. has completed its issue of $350 million of senior unsecured medium term notes with a coupon rate of 1.227 per cent, maturing on March 18, 2024 and $200 million of senior unsecured medium term notes with a coupon rate of 2.166 per cent, maturing on March 16, 2027.
March 16, 2021, 7:27 AM MDT
Tidewater Midstream and Infrastructure Ltd.’s focus over the next 12 months is to employ the related cash flow generated from its 2019 large, completed capital projects and Prince George Refinery (PGR), as well as proceeds from the Pioneer transaction, towards deleveraging.
March 12, 2021, 12 AM MST
Kinder Morgan, Inc. has formed a new energy transition ventures group to identify, analyze and pursue commercial opportunities emerging from the low-carbon energy transition.
March 12, 2021, 11:11 AM MST
AltaGas Ltd. has agreed to issue $350 million of senior unsecured medium term notes with a coupon rate of 1.227 per cent, maturing on March 18, 2024 and $200 million of senior unsecured medium term notes with a coupon rate of 2.166 per cent, maturing on March 16, 2027.
March 12, 2021, 3:30 AM MST
Pipestone Energy Corp. has modified its three-year development plan to reflect the improvements in WTI futures prices and a stronger medium-term fundamental outlook for crude oil, including jump in expected spending for 2021.
March 11, 2021, 6:36 AM MST
Keyera Corp. has closed its Canadian offering of $350 million of 5.95 per cent fixed-to-fixed rate subordinated notes due March 10, 2081.
March 10, 2021, 7:38 AM MST
Inter Pipeline Ltd.’s board of directors has unanimously determined that Brookfield Infrastructure Partners L.P.'s hostile takeover bid is not in the best interests of the company or its shareholders.
March 9, 2021, 5:55 AM MST
Keyera Corp. has priced a Canadian offering of $350 million of 5.95 per cent fixed-to-fixed rate subordinated notes due March 10, 2081.
March 9, 2021, 12 AM MST
Topaz Energy Corp. has inked a non-binding agreement with Tamarack Valley Energy Ltd. for the purchase of a newly created gross overriding royalty interest underpinned by a multi-year minimum capital development commitment for total purchase consideration of $13.7 million.
March 5, 2021, 6:26 AM MST
March 1, 2021, 8:50 AM MST
NuVista Energy Ltd. is selling its non-core Charlie Lake and Cretaceous Unit assets in the Wembley area, as well as selected water infrastructure assets in the Wembley/Pipestone area, for total proceeds of $94 million prior to adjustments.
February 26, 2021, 6 AM MST
AltaGas Ltd. sees recent upstream consolidations in the oil and gas industry as providing significantly-improved counterparty credit risk for the company, heard this morning’s Q4 2020 conference call.
February 26, 2021, 11:17 AM MST
With its first propane export terminal set to come into service near the end of the first quarter of 2021, Pembina Pipeline Corporation says it is evaluating its deferred expansion project for the Prince Rupert Terminal.
February 26, 2021, 11:36 AM MST
Enerflex Ltd.’s foray into the energy transition includes decarbonization efforts for the oil and gas sector, as well as strategically focusing on new markets that could benefit from the company’s modular approach to gas processing — including renewable natural gas, hydrogen, carbon capture and storage (CCUS) and biogas processing.
February 26, 2021, 8:48 AM MST
February 25, 2021, 10:56 AM MST