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
February 24, 2021, 9:05 AM MST
Gibson Energy Inc.’s marketing segment faces continued challenges to start 2021, with few current opportunities available, says top brass, but the market likely will shift later on during the year — the inverse of 2020.
February 23, 2021, 9:49 AM MST
February 23, 2021, 3:48 AM MST
With his company targeted for takeover by Brookfield Infrastructure Partners L.P., Inter Pipeline Ltd. chief executive officer Christian Bayle laid out an optimistic picture of future growth to analysts during the company’s year-end conference call on Friday.
February 22, 2021, 8:24 AM MST
Record results in its oilsands transportation business helped Inter Pipeline Ltd. weather what was a tough 2020 for many in the oil and gas industry.
February 19, 2021, 9:17 AM MST
On the heels of an unsolicited offer by Brookfield Infrastructure Partners L.P. to buy Inter Pipeline Ltd., the latter has launched a comprehensive review of strategic alternatives.
February 18, 2021, 3:23 PM MST
Brookfield Infrastructure Partners L.P. intends to pursue a privatization transaction to acquire all of the outstanding common shares of Inter Pipeline Ltd. not already owned by Brookfield Infrastructure, at a price per IPL share of C$16.50.
February 10, 2021, 5:15 PM MST
Increased competitive pressures from other pipeline construction projects in Western Canada have increased the forecast gross cost of the Keyera Access Pipeline System (KAPS) pipeline to $1.6 billion from $1.3 billion, Keyera Corp. said today.
February 10, 2021, 11:24 AM MST
Keyera Corp. delivered adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) for the fourth quarter of $168 million, contributing to $873.58 million for 2020.
February 10, 2021, 10:47 AM MST
February 5, 2021, 6 AM MST
AltaGas Ltd. appointed a new independent director, Jon-Al Duplantier, effective today.
February 2, 2021, 6:09 AM MST