BOE Report

Ovintiv to host its 2021 fourth quarter and year-end results conference call and webcast on February 25, 2022

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2021 fourth quarter and year-end results conference call at 9:00 a.m. MT, on Friday, February 25, 2022. The Company plans to release its financial and operating results after market close, Thursday, February 24, 2022. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To participate in the conference call, please dial [Read more]

Enbridge Inc. to host webcast to discuss 2021 fourth quarter and full-year results on Feb. 11

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) will host a conference call and webcast to provide a business update and review 2021 fourth quarter and full-year results on Feb. 11, 2022 at 7:00 a.m. MT (9:00 a.m. ET). The conference call format will include prepared remarks from the executive team followed by a question and answer session for the analyst and investor community only. Enbridge's media and investor relations teams will be available after the call [Read more]

Pembina Pipeline Corporation declares January 2022 common share dividend, quarterly preferred share dividends and announces fourth quarter 2021 results conference call and webcast

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors has declared a common share cash dividend for January 2022 of $0.21 per share to be paid, subject to applicable law, on February 15, 2022 to shareholders of record on January 25, 2022. The common share dividends are designated "eligible dividends" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be [Read more]

Enbridge announces consideration of hybrid subordinated notes offering

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that, subject to market and other conditions, it is considering an offering of hybrid subordinated debt securities in Canada on a private placement basis in reliance upon exemptions from the prospectus requirements under applicable securities legislation. If a successful offering is completed, the Company intends to use the net proceeds of the offering to redeem its issued and outstanding Cumulative [Read more]

Enbridge announces normal course issuer bid

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that the Toronto Stock Exchange (TSX) has approved the Company's normal course issuer bid (NCIB) to purchase, for cancellation, up to 31,062,331 of its outstanding common shares to an aggregate amount of up to $1.5 billion. Purchases under the NCIB may be made through the facilities of the TSX, the New York Stock Exchange (NYSE) and other designated exchanges and alternative trading systems, [Read more]

Enbridge completes sale of its financial interest in Noverco Inc.

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) today announced the closing of the agreement through which a subsidiary of Enbridge has sold its 38.9% non-operating minority ownership interest in Noverco Inc. to Trencap L.P. for $1.14 billion in cash, previously announced on June 7, 2021. The sale of our financial interest in Noverco Inc. will further strengthen our financial flexibility. Proceeds from the sale will be initially used to repay short term borrowings and support Enbridge's [Read more]

Parkland ramps-up processing operations at the Burnaby Refinery

CALGARY, AB - Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI), announced today, that following the restart of the Trans Mountain Pipeline ("the Pipeline") on December 5, 2021, it is ramping-up processing operations at the Burnaby Refinery (the "Refinery"). The Pipeline is the primary source of crude oil feedstock to the refinery. "Having maintained the refinery in ready-mode and following delivery of sufficient, consistent quality crude oil feedstocks via the [Read more]

Gibson Energy and US Development Group declare the DRU fully operational, including shipment of DRUbit™ by Rail™, providing an innovative, scalable market access solution throughout North America

CALGARY, AB - US Development Group, LLC (through a wholly-owned affiliate, collectively USD) and Gibson Energy Inc. (Gibson) (TSX: GEI) announced the diluent recovery unit (DRU) has been declared fully operational and the shipment of DRUbit™ by Rail™ (DBR) has commenced. The DBR network creates a first-of-its-kind separation technology and network that safely and sustainably moves heavy Canadian crude oil, also known as bitumen, from Canada to the U.S. Gulf Coast at a cost that is competitive [Read more]

Shell acquires solar and energy storage developer Savion, further expanding its global renewable power business

HOUSTON - Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie's Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. "Savion's significant asset pipeline, highly experienced team, and proven success as a renewable energy project developer make it a compelling [Read more]