The company has entered into an agreement to sell an 85% equity interest in Northern Courier Pipeline to Alberta Investment Management Corporation.
The system will connect the liquids-rich Montney and Duvernay production areas of northwestern Alberta to the fractionation and condensate hubs in Fort Saskatchewan.
The company’s financial results were also included in Canada Development Investment Corporation’s annual report as part of its consolidated financial statements for 2018.
The National Energy Board has approved two applications to abandon subsea pipelines offshore Nova Scotia.
The company has announced net income attributable to common shares for first quarter 2019 of CAN$1.004 billion or CAN$1.09 per share.
IHS Markit analysis on the costs of Canadian oilsands projects and the role of pipeline constraints in future production.
A report by ESAI Energy says that planned Canadian oil sands projects are being pushed back in response to further delays in pipeline egress and the mandated output cuts by the Alberta provincial government.