Calgary, February 22, 2021 - Ryan Ferguson Young, former Vice-President of Sayer Energy Advisors, is pleased to announce the launch of Earth Horse Energy Advisors ("Earth Horse"). Earth Horse is an independent corporate advisory firm which focuses on the Western Canadian Sedimentary Basin. We offer various customized corporate advisory services, including the marketing of oil and natural gas interests (corporate and asset), buy-side mandates, investor relations support, negotiation [Read more]
Headlines
Column: Texas fiasco creates a million frozen pipes and ten million energy experts. The pipes deserve attention; the other, not so much
Obsession has a odor Tunnel vision has a tell It's fanatical behavior Have a lovely life in your chosen hell Fixate on what you think you know You're missing what you don't, though Crazy wouldn't notice Have a lonely life in your chosen hell From “Life of Brian” by Puscifer Does everyone know where hot dogs come from? You’re right. No one does and no one wants to. They are like miracle objects that landed within a meteorite. When summer comes, ignorance is bliss, and just shove [Read more]
Biden, Trudeau aim to move past Keystone pipeline disagreement in first bilateral meeting
U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau will try on Tuesday to move past an early disagreement after Biden blocked the Canadian-backed Keystone XL pipeline and look to reset relations after the rocky years of Donald Trump. In his first bilateral meeting with a foreign leader since taking office last month, Biden is expected to discuss with Trudeau a host of issues including climate change and China, a senior U.S. administration official told reporters. Canada [Read more]
Inter Pipeline urges shareholders to take no action with respect to unsolicited takeover bid by an affiliate of Brookfield Infrastructure
CALGARY, AB - Inter Pipeline Ltd. ("Inter Pipeline" or the "Company") (TSX: IPL) today confirmed that an affiliate of Brookfield Infrastructure Partners LP ("Brookfield") has commenced a conditional, unsolicited takeover bid (the "Offer") to acquire all outstanding common shares of the Company not already owned by Brookfield. The Offer will be reviewed by the Company's Special Committee of independent directors ("Special Committee,") formed by the Board of Directors ("Board") on February 18, [Read more]
Gibson Energy announces 2020 fourth quarter and year-end results and announces a dividend increase
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta - Gibson Energy Inc. announced today its financial and operating results for the three months and fiscal year ended December 31, 2020. “Gibson proved very resilient through a challenging year for our industry, a result of our strategic focus on long-term, stable Infrastructure cash flows, maintaining a strong balance sheet and not relying on variable businesses to fund our dividend nor capital program,” [Read more]
TC Energy refuses to raise bid for TC PipeLines despite unitholder criticism
CALGARY - TC Energy Corp. says it has no intention of again sweetening its bid to buy out the other unitholders of TC PipeLines LP, a U.S. master limited partnership it operates, despite the vow of its largest non-affiliated investor to vote against the transaction. On Friday, Connecticut-based Energy Income Partners said it believes the offer of 0.7 common shares of TC Energy for each unit of TC PipeLines is inadequate and "significantly undervalues" its assets and growth potential. The [Read more]
Oil prices rise as storm-hit U.S. output set for slow return
Oil prices rose on Monday on a slow return of U.S. crude output cut by frigid conditions and as an approaching meeting by top producers is expected to keep production largely reined in, pointing to tight global supply. U.S. oil rose $$2.05, or 3.48%, to $60.99 a barrel, having fallen 0.4% last week. Brent crude was up $1.85, or 2.95%, at $64.54 a barrel, after gaining nearly 1% last week. Abnormally cold weather in Texas and the Plains states forced the shutdown of up to 4 million barrels [Read more]
Kenney says no new taxes as Alberta preps for another tough times pandemic budget
EDMONTON - On Thursday it’s budget day in Alberta, a time that will cruelly and ironically remind residents that last year’s projected eye-popping $6.8-billion deficit was actually the good old days. Since then, that deficit has tripled to $21 billion while taxpayer-supported debt has ballooned to $97 billion, victims of oil price wars and the COVID-19 pandemic that have decimated Alberta's bottom line. Finance Minister Travis Toews says the deficits will continue and the budget will focus [Read more]
Looking to boost your business skills and re-invent your career? The MBA gives you a fresh start
Join fellow business professionals for this virtual MBA event. Business schools from around the world look forward to meeting you online on 11 March. Discover the best in business education. Here’s what you get at the event: Individual video meetings with MBA programme directors from York, Queens, St. Mary, McMaster, Sauder School of Business and many more Insights on online and hybrid learning options and flexible formats Personal consultation for your business and management [Read more]
TC Energy affirms 0.70 share-for-unit exchange ratio in definitive agreement to acquire all outstanding common units of TC PipeLines, LP
CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) today responded to a unitholder’s recent assertion of the inadequacy of the exchange ratio in the definitive agreement to acquire all of the outstanding common units of TC PipeLines, LP (NYSE:TCP) (TCP or the Partnership) not beneficially owned by TC Energy or its affiliates. The exchange ratio of 0.70 of a TCE common share for each TCP common unit represents a 20.8 per cent premium to the TCP closing price before the [Read more]