Supplies on the Winnipeg regional line will be rerouted for three months.
PrairieSky’s dividend is payable April 15 to shareholders of record by March 28.
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.
As Canada’s pipeline network runs full, producers are anxious for the Trans Mountain Expansion to come online.
TC Energy's Keystone oil pipeline is offline due to operational issues, cutting off a major conduit of Canadian oil to the U.S.
Prairie’s net proceeds were used to reduce indebtedness under the company’s senior secured facility and to increase its working capital position.
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.
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.
Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.
Alberta will ban renewable power projects on prime agricultural land and erect buffer zones to ensure wind turbines do not spoil scenic views.