Canada

Pipelines , Crude Oil

Imperial Oil Shuts Down Fuel Pipeline in Central Canada

Supplies on the Winnipeg regional line will be rerouted for three months.

March 18, 2024

Dividends/Buybacks

PrairieSky Royalty Declares Quarterly Cash Dividend

PrairieSky’s dividend is payable April 15 to shareholders of record by March 28.

March 11, 2024

Renewables , Investment

Alberta's Ban on Renewables Could Hurt CA$11B in Investments, Says Study

Alberta's ban on some renewable projects could hurt CA$11.1 billion ($8.24 billion) in investments and stall up to 6.3 GW of solar and wind power capacity. 

March 11, 2024

Pipelines , Crude Oil

TC Energy’s Keystone Back Online After Temporary Service Halt

As Canada’s pipeline network runs full, producers are anxious for the Trans Mountain Expansion to come online.

March 10, 2024

Pipelines , Crude Oil

TC Energy's Keystone Oil Pipeline Offline Due to Operational Issues, Sources Say

TC Energy's Keystone oil pipeline is offline due to operational issues, cutting off a major conduit of Canadian oil to the U.S.

March 7, 2024

Acquisitions & Divestitures

Prairie Provident Resources Closes on Alberta Asset Sales

Prairie’s net proceeds were used to reduce indebtedness under the company’s senior secured facility and to increase its working capital position.

March 6, 2024

Midstream , Promotions

Plains All American Names Michelle Podavin Midstream Canada President

Michelle Podavin, who currently serves as senior vice president of NGL commercial assets for Plains Midstream Canada, will become president of the business unit in June.

March 5, 2024

Pipelines , Natural Gas , Acquisitions & Divestitures

TC Energy, Partner Sell Portland NatGas Transmission System for $1.14B

Analysts expect TC Energy to make more divestitures as the Canadian infrastructure company looks to divest roughly $2.21 billion in assets in 2024 and lower debt.

March 4, 2024

Earnings , Exploration & Production , Pipelines , Crude Oil

Canadian Natural Resources Boosting Production in Oil Sands

Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.

March 4, 2024

Wind , Renewables , Crude Oil , Natural Gas

Alberta to Ban Renewables Projects on Prime Agricultural Land

Alberta will ban renewable power projects on prime agricultural land and erect buffer zones to ensure wind turbines do not spoil scenic views. 

February 28, 2024