Tamarack Valley Energy Ltd. closed of the sale of a newly created two per cent gross overriding royalty to Topaz Energy Corp. on a select portion of the acquired Clearwater properties completed on Dec. 21, 2020.
December 23, 2020, 1:53 PM MST
December 22, 2020, 12 AM MST
Keyera Corp. and Samsung Renewable Energy Inc. have signed a 15-year PPA.
December 15, 2020, 4:21 AM MST
Pembina Pipeline Corporation has set a 2021 capital budget of $730 million as it reactivates two previously deferred growth projects, a revised Phase VII Peace Pipeline expansion and Empress co-generation facility, although a joint venture petrochemical project has been suspended indefinitely.
December 14, 2020, 11:38 AM MST
Inter Pipeline Ltd. plans to spend $1 billion in capital for 2021.
December 10, 2020, 4:06 PM MST
Gibson Energy Inc. will issue $250 million of 5.25 per cent fixed-to-fixed rate subordinated notes due Dec. 22, 2080.
December 9, 2020, 2:55 PM MST
Rockpoint Gas Storage named Tobias (Toby) J. McKenna as the new chief executive officer of the Rockpoint gas storage platform entities effective Nov. 30, 2020.
December 9, 2020, 2:58 PM MST
Pipestone Energy Corp. has entered into an agreement with Veresen Midstream LP for an additional 50 mmcf/d of gas processing capacity at the Veresen Midstream Hythe gas plant as well as ancillary transportation and fractionation services with Pembina Pipeline Corporation and certain of its affiliates.
December 8, 2020, 8:16 AM MST
Phoenix Park Energy Marketing LLC (PPEM) has announced plans to construct the Southern Gateway Rail Hub, a 30,000 bbl/d LPG rail terminal in Corpus Christi, Tex. to serve export markets from local LPG supply sources.
December 3, 2020, 8:06 AM MST
AltaGas Ltd. has completed its issue of $500 million of senior unsecured medium-term notes with a coupon rate of 2.075 per cent, maturing on May 30, 2028 and $200 million of senior unsecured medium term notes a coupon rate of 2.477 per cent, maturing on Nov. 30, 2030.
November 30, 2020, 9:53 AM MST
AltaGas Ltd. has agreed to issue $500 million of senior unsecured medium term notes with a coupon rate of 2.075 per cent, maturing on May 30, 2028 and $200 million of senior unsecured medium term notes with a coupon rate of 2.477 per cent, maturing on Nov. 30, 2030.
November 26, 2020, 11:01 AM MST
While managing COVID during construction at Inter Pipeline Ltd.’s Heartland Petrochemical Complex has had an impact, the project remained on track in the third quarter of 2020, within the $4 billion revised budget and an expected in-service date of early 2022.
November 13, 2020, 11:21 AM MST
Continuing strong performance of the Prince George Refinery (PGR) which achieved 95 per cent utilization and the Pipestone gas plant helped Tidewater Midstream and Infrastructure Ltd. achieve record third quarter results in 2020.
November 13, 2020, 6:41 AM MST
Inter Pipeline Ltd. has successfully closed the sale of the majority of its European bulk liquid storage business to the CLH Group for cash consideration of £420 million, subject to customary closing adjustments.
November 13, 2020, 8:51 AM MST
Tourmaline Oil Corp. spin-off Topaz Energy Corp. generated revenue and other income of $26.4 million and $69.2 million for the three and nine months ended Sep. 30, 2020, respectively.
November 12, 2020, 7:58 AM MST
Topaz Energy Corp. reported that the over-allotment option granted to underwriters related to its IPO to purchase up to an additional 2,509,650 common shares at a price of $13 per common was exercised in full, generating additional gross proceeds to the company of $32,625,450.
November 9, 2020, 12 AM MST
Pembina Pipeline Corporation generally benefits from upstream consolidations such as Tourmaline Oil Corp.’s recent-announced acquisition of Jupiter Resources Ltd. and Modern Resources Inc., says Pembina’s top brass.
November 6, 2020, 10:38 AM MST
Enbridge Inc. continues to advance its Line 3 replacement project in Minnesota with a decision by the Minnesota Pollution Control Agency (MPCA) on its Water Quality Certificate expected by the Nov. 14 statutory deadline.
November 6, 2020, 11:40 AM MST
Crew Energy Inc. announced the second of two closings of its strategic transaction with a third party midstream company.
November 5, 2020, 3:41 PM MST
Keyera Corp. says it expects to invest between $400 million and $450 million in growth capital projects in 2021 with the majority focused on KAPS (Key Access Pipeline System) which it had deferred for a year in response to the COVID-19 pandemic.
November 4, 2020, 11:34 AM MST
Calgary-based utility and midstream company AltaGas Ltd. will consider becoming two separate entities in the future, with a midstream company and a utility, according to its CEO and president.
October 29, 2020, 8:53 AM MDT
AltaGas Ltd. reported this morning that the Ridley Island Propane Export Terminal (RIPET) exported a record 42,736 bbls/d of Canadian propane to Asia during the quarter underpinned by ongoing growth in throughput volumes in northeastern B.C.
October 29, 2020, 8:29 AM MDT
Topaz Energy Corp. has completed its previously announced initial public offering (IPO).
October 26, 2020, 7:34 AM MDT
October 20, 2020, 7:23 AM MDT
AltaGas Ltd. is indirectly acquiring a further 37 per cent of Petrogas Energy Corp.’s equity for about $715 million, providing approximately 74 per cent ownership of the latter.
October 16, 2020, 9:39 AM MDT
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