Acting out of what it described as “an abundance of caution,” the National Energy Board (NEB) has “respectfully declined” to use the retired commander of Canada’s Pacific naval forces as an advisor in its reconsideration of the Trans Mountain pipeline expansion.
November 9, 2018, 3:15 AM MST
November 9, 2018, 8:45 AM MST
Inter Pipeline Ltd. says that “exceptional results” from its NGL processing operations in Q3 drove record net income of $169.4 million. For the first time, this segment delivered free funds flow approaching the levels of the company’s large oilsands transportation business.
November 9, 2018, 11:10 AM MST
TransCanada Corporation today launched an open season to solicit binding commitments from interested parties for transportation services of crude oil from Cushing, Oklahoma to markets on the U.S. Gulf Coast on incremental capacity on Marketlink.
November 9, 2018, 8:35 AM MST
In Canada, SemCAMS began construction on the Pipestone pipeline system, a 40 kilometre pipeline system that will deliver Montney gas to the SemCAMS Wapiti gas plant for processing.
November 8, 2018, 6:48 AM MST
The National Energy Board (NEB) will hear oral traditional evidence on its reconsideration of the Trans Mountain expansion project Nov. 19-23 in Calgary.
November 8, 2018, 9:28 AM MST
William Downe, the former CEO of BMO Financial Group, will chair the newly-constituted 11-member board of directors of Trans Mountain Corporation, the Canada Development Investment Corporation has announced.
November 8, 2018, 8:40 AM MST
Enbridge Inc. and Enbridge Income Fund Holdings Inc. completed the previously announced plan of arrangement.
November 8, 2018, 9:34 AM MST
Keyera Corp. has entered into a 50/50 joint venture agreement with Wolf Midstream to develop the Key Access Pipeline System (KAPS), a proposed liquids gathering system in northwest Alberta.
November 7, 2018, 10:09 AM MST
November 7, 2018, 8:21 AM MST
The National Energy Board (NEB) should narrowly apply its “Non-Statutory Guidance” in determining who may be allowed to participate in a jurisdictional hearing on whether the Coastal GasLink project should be federally regulated, says counsel for the company.
November 6, 2018, 7:32 AM MST
As will become more generally acknowledged by next summer, Canadian oil export capacity likely will be adequate through 2030, bringing a return to lower differentials and a return of capital to Canadian oil, Calgary analysts heard last week.
November 5, 2018, 11:46 AM MST
Syncrude Canada Ltd. is closer to realizing the benefits of new reliability infrastructure thanks to a “step improvement” in co-operation between the joint venture owners, says Suncor Energy Inc. CEO Steve Williams.
November 5, 2018, 6 AM MST
November 5, 2018, 6 AM MST
A recently-signed agreement with the Fond du Lac band in Minnesota on a final route for Enbridge Inc.’s Line 3 replacement project will provide route certainty for the project, says the company’s chief executive.
November 2, 2018, 11:37 AM MDT
Pembina Pipeline Corporation has entered into long-term, take-or-pay agreements to backstop development of new pipeline and processing infrastructure totaling approximately $1.3 billion, projects the company’s top executive says will “deliver reliable transportation services” to customers in a “cost-effective and timely manner.”
November 2, 2018, 10:34 AM MDT
While TransCanada Corporation will co-operate in the National Energy Board’s jurisdictional hearing on the Coastal GasLink project, the company also will start construction with the permits that it holds, a senior executive said Thursday.
November 2, 2018, 7:51 AM MDT
November 2, 2018, 9:06 AM MDT
Consolidation, or at least greater co-operation, is needed among the Montney’s 37 natural gas producers if one of North America’s lowest-cost plays is to achieve its full potential, an energy consultant told a Calgary conference this week.
November 1, 2018, 6:06 AM MDT
TransCanada Corporation says it will move forward with a $1.5 billion expansion of its NOVA Gas Transmission Ltd. (NGTL) system to connect existing and new supply to incremental intra-basin market demand.
November 1, 2018, 12 PM MDT
TransCanada Corporation is open to a joint venture along with the sale of other assets to help fund its $8 billion Keystone XL project, the company’s chief financial officer said today.
November 1, 2018, 11:44 AM MDT
Western Canada has the cheapest oil prices in the world. Canadian heavy oil is selling for US$45 under WTI, light oil is selling for US$25/bbl less. The price markdowns are costing the Canadian economy over C$100 million each day.
October 31, 2018, 7:54 AM MDT
October 31, 2018, 9:11 AM MDT
A National Energy Board (NEB) proceeding to consider whether Coastal GasLink Pipeline Ltd. should be regulated by the federal government has received more than 50 submissions from parties who want to participate in the process.
October 30, 2018, 7:01 AM MDT
Tidewater Midstream and Infrastructure Ltd. received approval from the Alberta Energy Regulator (AER) to construct and operate the previously announced 120 kilometre natural gas pipeline connecting Tidewater's Brazeau River Complex to TransAlta Corporation's generating units at Sundance and Keephills.
October 30, 2018, 7:24 AM MDT