As Ottawa prepares to ban single use plastics, the Alberta government as part of its natural gas strategy wants to extract the full value of plastics, enabling them to be reused by the petrochemical industry in a “circular economy.”
October 7, 2020, 12 AM MDT
The Alberta government this afternoon released its Natural Gas Vision and Strategy, which outlines the actions Alberta’s government will take to grow the sector and seize emerging opportunities for clean hydrogen, petrochemical manufacturing, LNG and plastics recycling.
October 6, 2020, 1:22 PM MDT
September 17, 2020, 8:04 AM MDT
Natural gas, including a reworked petrochemical incentive program, will be a key part of the Alberta government’s economic recovery plan to stimulate the economy and get Albertans back to work, says the minister responsible for natural gas.
August 26, 2020, 8:15 AM MDT
Enerflex Ltd. has increased its 2020 capital spending to an estimated $125 million to $130 million, up from $105 million due to additional costs related to COVID-19-induced delays and build-own-operated-maintain (BOOM) projects.
August 11, 2020, 12 AM MDT
How does Pembina Pipeline Corporation build more projects without adding more personnel to the organization? That is a question the company has been asking itself. And the answer is: Technology.
August 7, 2020, 11:22 AM MDT
While the COVID-19 pandemic has hit productivity at Inter Pipeline Ltd.’s Heartland Petrochemical Complex (HPC) worksite, the company expects the project to come in on time and to meet its revised budget.
August 7, 2020, 10:51 AM MDT
Inter Pipeline Ltd. reported net income of $63 million in the second quarter of 2020 compared to $260 million in the same quarter of 2019 as utilization of its pipelines dipped and natural gas liquids processing spreads declined due to the COVID-19 pandemic and severe downturn in oil prices early in the quarter.
August 7, 2020, 9:14 AM MDT
Inter Pipeline Ltd. announced that Richard Shaw and Brant Sangster will be retiring from its board of directors effective at the May 2021 annual general meeting.
August 7, 2020, 6:38 AM MDT
Keyera Corp. made significant progress to enhance its long-term competitive positioning by reducing its overall cost structure in the second quarter. The company expects these efforts to contribute a total annual improvement in earnings before tax of between $45 million and $65 million, with the majority to begin in 2021.
August 6, 2020, 1:12 PM MDT
While the economic and commodity price environment remains uncertain due to the recent surge in COVID-19 cases globally, Keyera Corp. said it “continues to focus on what we can control and take prudent steps to address the short-term challenges and enhance the long-term success of the company and our customers.
August 6, 2020, 1:13 PM MDT
Vertical integration has paid off for oil producers who have spread risk throughout the value chain while capturing increased revenues by adding value along the way.
July 22, 2020, 7:11 AM MDT
July 16, 2020, 8:39 AM MDT
July 14, 2020, 7:44 AM MDT
The Alberta Petrochemicals Incentive Program (APIP) announced Thursday by the Alberta government will “move the needle” when it comes to attracting major new petrochemical projects, says an industry official.
July 10, 2020, 12 AM MDT
Citing the potential to attract $30 billion of private sector investment by 2030, the Alberta government this morning announced the Alberta Petrochemicals Incentive Program (APIP), a new 10-year grant program.
July 9, 2020, 11:45 AM MDT
June 29, 2020, 7:33 AM MDT
June 17, 2020, 7:44 AM MDT
With its pipeline, NGL extraction and storage business providing stable cash flow, Inter Pipeline Ltd. is focused on maintaining liquidity through the pandemic and commodity crunch, while completing construction and finding a partner for its Heartland Petrochemical Complex, analysts heard at the company’s quarterly conference call Friday.
May 8, 2020, 11:46 AM MDT
The estimated cost of the Heartland Petrochemical Complex (HPC) is now approximately $4 billion, with the majority of incremental costs expected to be incurred in 2021 and 2022, says Inter Pipeline Ltd.
May 7, 2020, 10:13 AM MDT
May 4, 2020, 8:52 AM MDT
April 28, 2020, 8:48 AM MDT
Inter Pipeline Ltd. says it is exploring partnership opportunities on its Heartland Petrochemical Complex among other measures to provide greater financial strength and flexibility for its capital program in response to lower global energy prices and the COVID-19 pandemic.
March 30, 2020, 9:58 AM MDT
March 16, 2020, 8:52 AM MDT
March 11, 2020, 10:05 AM MDT