Pembina Gas Infrastructure Inc. has signed a deal to buy a group of infrastructure assets from Veren Inc. for $400 million. Under the agreement, PGI — a Western Canadian gas processing company jointly owned by Pembina Pipeline Corp. and private equity firm KKR — will...
A deal that was billed as Canada’s largest-ever Indigenous equity ownership agreement has hit a snag. TC Energy Corp. said Tuesday the $1-billion agreement, announced in July, that would see it sell a minority stake in its Western Canadian natural gas...
The Bloc Québécois is ready to wheel and deal with Prime Minister Justin Trudeau’s government in exchange for support during confidence votes now that the Liberal government’s confidence and supply agreement with the NDP has ended. That support won’t...
By Bob Weber Landowner resistance seems to have quashed an Alberta government pilot program offering energy companies partial recognition for well site cleanup that isn’t complete. “We’ve been telling all the landowners it’s a horrible...
CALGARY — Canadian drivers are enjoying cheaper gas prices heading into fall, a trend experts say could persist through the remainder of the year. As of Friday morning, the average gasoline price in Canada was 152.1 cents per litre, according to price tracking website...
