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
The government’s ‘Blueprint for Jobs’ that was highlighted in the throne speech this week will include maintenance of the $1.1 billion Petrochemicals Diversification Program and using Technology, Innovation and Emissions Reduction (TIER) to support clean development of the resource sector.
February 27, 2020, 3:23 PM MST
February 26, 2020, 10:52 AM MST
Inter Pipeline Ltd. has spent $2.2 billion on the Heartland Petrochemical complex — including $1.2 billion in 2019 in what CEO Christian Bayle said was an ‘capital intensive’ year for the company.
February 24, 2020, 12 AM MST
The Alberta government this morning signed a memorandum of understanding with the Tri-Municipal Industrial Partnership (TMIP) to co-ordinate development of a new “eco-industrial area” in the Municipal District of Greenview.
February 10, 2020, 11:33 AM MST
Pembina Pipeline Corporation is not getting into the commodity petrochemical business with its $5.4 billion project near Redwater but rather is getting into the business of providing petrochemical infrastructure, says the company’s chief executive.
January 31, 2020, 8:27 AM MST
January 28, 2020, 7:58 AM MST
January 16, 2020, 8:16 AM MST
Pembina Pipeline Corporation says it has increased to $2.7 billion its share of the capital cost of its integrated propane dehydrogenation and polypropylene upgrading (PDH/PP) facility near Redwater.
January 8, 2020, 11:28 AM MST
January 3, 2020, 7:40 AM MST