AltaGas Ltd.
Transactions
Canada’s AltaGas Monetizes US Transportation and Storage Business
Canada’s AltaGas Monetizes US Transportation and Storage Business
Canada’s AltaGas Monetizes US Transportation and Storage Business
Canada’s AltaGas Monetizes US Transportation and Storage Business
Canada’s AltaGas Monetizes US Transportation and Storage Business
Canada’s AltaGas Monetizes US Transportation and Storage Business
AltaGas Sells Stake In Marcellus Shale Gas Gathering System
AltaGas Sells Stake In Marcellus Shale Gas Gathering System
AltaGas To Buy WGL In Gas Distribution Push
AltaGas To Buy WGL In Gas Distribution Push
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New Financings
Issued senior unsecured medium-term notes. The notes mature on April 7, 2026. The net proceeds will pay…
Completed its offering of $200 million medium term notes due 2024 and $100 million medium term notes due…
Agreed to issue $200 million medium term notes due 2024 and $100 million medium term notes due 2044. Net…
Closed its public offering of 8 million series E preferred shares with a fully exercised over-allotment…
Has completed its $350 million issue of senior unsecured medium-term notes. Net proceeds will be used to…
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News
Court OKs MVP Southgate Permit Extension—Despite Opposition
A group of environmental petitioners had asked for a review of the Southgate project to extend the Mountain Valley Pipeline.
Coterra Confirms Constitution Pipe Reactivation Talks Underway
The Constitution gas line into New England was canceled in 2020 after lengthy regulatory and court battles. Coterra Energy’s chief confirmed May 6 that talks to resume it are “seriously” underway.
AltaGas, Keyera Come to Mutual Agreements to Leverage Infrastructure
Canadian midstream companies AltaGas and Keyera have signed mutually beneficial, long-term contracts for NGLs and fractionation.
Dividends Declared Weeks of Nov. 25, Dec. 2
Here is a compilation of dividends declared from select upstream and midstream companies in fourth-quarter 2024.
AltaGas Prices $900MM Junior Notes Offer After Tidewater Deal
The offering follows AltaGas’ Aug. 31 announcement that it acquired multiple midstream, storage and terminals from Tidewater Midstream and Infrastructure Ltd. for CA$650 million (US$480 million).
E&P Highlights: June 4, 2024
Here’s a roundup of the latest E&P headlines, with new contracts awarded and larger commitments made for oil and gas exploration in South Korea and Australia.
AltaGas, Royal Vopak Reach FID on LPG Exporting Facility in Canada
The energy exporting facility will be developed on Ridley Island, British Colombia, on a 190-acre site adjacent to AltaGas and Vopak’s existing propane exporting terminal.
AltaGas to Acquire Tidewater Midstream Assets for $480MM
AltaGas said it will acquire Tidewater’s Pipestone Natural Gas Processing Plant Phase 1 and II expansion projects; an adjacent natural gas storage facility; a truck-in/truck-out terminal; and associated gathering pipeline systems.
Mountain Valley Asks US Supreme Court to Vacate Stays Halting Pipeline
Mountain Valley said the appellate court lacked authority to stay the construction because the debt deal approved by Congress said the pipeline was in the national interest and "expressly stripped all courts" of jurisdiction to review decisions by federal agencies over its approval.
AltaGas Names CEO, Enbridge Announce Promotion
Enbridge promoted Patrick Murray to CFO at Enbridge, while Enbridge’s Vern Yu will depart to become president and CEO of AltaGas.
Equitrans Sees Mountain Valley Natgas Pipeline Entering Service Next Summer
When Mountain Valley construction started in February 2018, Equitrans estimated the 303-mile (488-km), 2.0 billion cubic feet per day project would cost about $3.5 billion and enter service by late 2018.
Projects Progress, Despite Headwinds
Navigating the obstacle course of government entities and economic struggles is a challenge, but the midstream sector has chalked up some wins to go with a few setbacks.
Mountain Valley Pipeline Start Delayed, Cost Rises to $6.2 Billion
The natural gas pipe’s delay to summer 2022 is due to regulators’ request for time to review certification applications.
N.C. Again Denies Permit for Mountain Valley Pipeline
The state’s Department of Environmental Quality denied a water permit for the Southgate natural gas pipeline.
PE-backed 61C Global to Open Houston Office Following Recent Acquisitions
The acquisitions of Vega Energy Partners and WGL Midstream follow the sale of AltaGas’ U.S. transportation and storage business to an entity owned by 61C Global and Vega for roughly $275 million on April 23.