CALGARY - Large carbon emitters in Alberta are expected to pay upwards of $1.2 billion a year in levies by 2020 under updated regulations announced Wednesday. The government, however, said its plan includes a phase-in period and significant funding assistance to make it easier for industry to adapt to the new regime, while offsets and credits mean government will take in closer to $800 million. Environment Minister Shannon Phillips said the new regulations are intended to [Read more]
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Kinder Morgan Canada Limited Launches $200 Million Bought Deal Preferred Share Offering
CALGARY, ALBERTA--(Marketwired - Dec. 6, 2017) - Kinder Morgan Canada Limited (the "Company") (TSX:KML) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets, Scotiabank, RBC Capital Markets and TD Securities (together, the "Underwriters") pursuant to which the Underwriters have agreed to purchase from the Company, 8,000,000 cumulative redeemable minimum rate reset preferred shares, Series 3 (the "Series 3 Preferred Shares") at [Read more]
Tidewater Midstream and Infrastructure Ltd. Enters Into Agreement With TransAlta to Construct an Inter-Alberta Pipeline Network supported by a 15 year Take or Pay, Proposed Issuance of Senior Unsecured Notes, Escrow Close of Deep Basin and Montney Region Acquisition and Closing of Credit Facility Increase
CALGARY, Alberta, Dec. 06, 2017 (GLOBE NEWSWIRE) -- Agreement with TransAlta to construct Inter-Alberta Pipeline Network Tidewater Midstream and Infrastructure Ltd. (“Tidewater”) (TSX:TWM) and TransAlta Corporation (“TransAlta”) (TSX:TA) (NYSE:TAC) announced today that the two companies have entered into a Letter of Intent (“LOI”) for Tidewater to construct a 120 km natural gas pipeline from its Brazeau River Complex (“BRC”) to TransAlta’s generating units at Sundance and Keephills. The [Read more]
Free Info Session: How to find the best acquisition, merger or new business opportunities to support your company’s 2018 growth plans
Commodity prices, Crown land sale results, and an abundance of capital waiting on the sidelines for the right opportunity are among the signs that momentum is building toward growth and increased activity in the WCSB for 2018. Are you ready to be a part of it? XI Technologies (XI) is pleased to announce a free info session which will take place Thursday, December 14, 2017. The session will focus on workflows and tools within XI’s AssetBook that can help operators to research, screen and [Read more]
Enbridge restarts Great Lakes Line 5 pipeline after weather conditions improve
Enbridge Inc said it restarted its Line 5 oil pipeline across the Straits of Mackinac in North America's Great Lakes on Tuesday after it was shut due to bad weather. The company temporarily shut down the line due to high winds and nine-foot-high (3-meter-high) high waves, according to the Michigan Agency for Energy. The 540,000 barrel per day pipeline from Wisconsin to Ontario carries Canadian light crude and refined products and is a key link in Enbridge's network, which transports the [Read more]
Canadian Discovery Ltd. Celebrates Its New Location with a Technical Studies Sale
CALGARY, AB, CANADA – November 30, 2017 – Canadian Discovery Ltd. moved its corporate office to 500, 622 – 5 Avenue SW, Calgary AB, Canada on November 20, 2017. The new office is just two blocks north and east of its previous location. To celebrate the new location, Canadian Discovery is having a Moving Sale on select Technical Studies throughout December. See the list of Technical Studies that are on sale now! Contact us for more information 500, 622 – 5 Avenue SW Calgary, AB, [Read more]
TransAlta and Tidewater Midstream announce today a Letter of Intent to construct a Natural Gas Pipeline to TransAlta’s Facilities
CALGARY, Dec. 6, 2017 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA; NYSE: TAC) and Tidewater Midstream and Infrastructure Ltd. ("Tidewater") (TSX: TWM) announced today that the two companies have entered into a Letter of Intent ("LOI") for Tidewater to construct a 120 Kilometre natural gas pipeline from its Brazeau River Complex to TransAlta's generating units at Sundance and Keephills. The Tidewater Pipeline will facilitate TransAlta's strategy to convert its coal [Read more]
Gibson Energy Announces 2018 Capital Budget
All financial figures are in Canadian dollars CALGARY, Alberta, Dec. 05, 2017 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX:GEI), announced today that its Board of Directors has approved a 2018 growth capital expenditure budget in the range of $120 million to $150 million, with in excess of 90% of investment directed towards sanctioned growth projects. Additionally, the Board of Directors has approved the allocation of approximately $30 million in upgrade and [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Dec. 5 Customer Solutions Engineer Zedi Inc Greeley Dec. 5 Accommodation Assistant Trican Well Service Ltd. Calgary Dec. 5 Supply Chain Analyst Trican Well Service Ltd. Calgary Dec. 4 Short-term Board [Read more]
Alberta sets aside $1.4 billion for industry to reduce carbon emissions
CALGARY - Alberta is setting aside close to $1.4 billion from climate levies to help industry reduce carbon emissions. The government said the funding, spread over seven years, will make it easier for industries to invest in new technologies, stay competitive and create jobs. "The business case for action on climate change has never been more clear, more urgent or provided so many opportunities," said Alberta Environment Minister Shannon Phillips at a Calgary press conference [Read more]