Enbridge Inc. heralded the more than $20 billion of acquisitions it announced in 2023, including a string of deals to transform its natural gas utility operations in the Lower 48. The utilities would boost Enbridge’s Lower 48 customer base to 7 million and position it for long-term growth following the surge in fourth-quarter and full-year…
Pembina
Articles from Pembina
Calgary’s Pembina Pipeline Eyeing Cedar LNG FID by Third Quarter
Pembina Pipeline Corp. is aiming to sanction the Cedar LNG export project proposed for Kitimat, British Columbia (BC), by the third quarter of this year, according to management. Calgary-based Pembina, a natural gas and liquids midstream player with assets mainly in Western Canada, is developing the 3 million metric tons/year liquefied natural gas project in…
Pembina Eyes Canada LNG, Montney for Future Growth
Pembina Pipeline Corp. management predicted “meaningful” growth after robust second quarter activity and advancement of some key infrastructure projects. CEO Scott Burrows said the second quarter was an indicator of the upward trajectory for the company, supported by growth in natural gas liquid volumes “across many of Pembina’s systems.” Support for Canadian LNG projects also…
Pembina Says Montney Shale Liquids, Natural Gas in High Demand
Rising prices and producer demand for delivery service in the gassy Montney Shale of northern Alberta and British Columbia (BC) ignited a “tremendous start” to the year for Pembina Pipeline Corp., management said. The Calgary operator, which reports in Canadian dollars (C$1.00/US 80 cents) said highlights of the first quarter included relaunching construction of the…
Pembina Pipeline Sees Improving Fortunes with Progress on Cedar LNG, Other Factors
Plans for the Cedar liquefied natural gas (LNG) project in British Columbia, rising oil and natural gas prices, firming producer demand for deliveries, and other factors signal improved fortunes for Pembina Pipeline Corp., according to management. The Calgary-based company is “working very diligently” on its front end engineering and design work for Cedar LNG with…
Pembina, TC Energy Launch Alberta Carbon Grid to Capture, Store Pipeline Emissions
Canada oil and gas infrastructure giants Pembina Pipeline Corp. and TC Energy Corp. on Thursday agreed to partner in the Alberta Carbon Grid (ACG) to create a commercial pathway to reduce and store greenhouse gases. The Calgary-based pipeline companies proposed building a northern pipeline network and storage hub capable of collecting and disposing of up…
BC’s Cedar LNG Export Project Gains Pembina as Joint Partner
Growth prospects firmed up for liquefied natural gas (LNG) exports from British Columbia (BC) on Tuesday as Calgary-based Pembina Pipeline Corp. agreed to buy a half-stake in Cedar LNG. Pembina agreed to take 50% ownership and an operator role in Cedar, crafted by the Haisla Nation. The initial commitment is C$112.5 million ($90 million) to…
Pembina Sees Natural Gas, Oil, NGL Export Projects Driving Upstream Growth in Western Canada
Western Canada-focused Pembina Pipeline Corp. painted a rosy outlook in its first quarter earnings report for a Canadian industry-wide recovery amid improving commodity prices, with volumes from the Montney Shale and the Duvernay formation expected to grow. “Over the past few quarters, across both the pipelines and facilities divisions, we have seen steady increases in…
Pembina Pausing Development of Jordan Cove LNG Project After Regulatory Setbacks
Pembina Pipeline Corp. has told a federal appeals court that it is pausing development of the proposed Jordan Cove liquefied natural gas (LNG) export terminal and related Pacific Connector pipeline to assess the impact of recent regulatory setbacks. The project has been in the works for eight years, but it’s faced staunch opposition in Oregon,…
Pembina Blames Pandemic for Shelving Alberta Petrochemical Project
The Covid-19 virus has stalled a C$4.5 billion ($3.4 billion) Alberta petrochemical project and its forecast demand for 23,000 b/d of natural gas liquids, according to sponsor Pembina Pipeline Corp. Pembina, in issuing its 2021 capital budget on Monday, said it has shelved the proposed project with Kuwait partner Petrochemical Industries Co. until further notice.…