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Pengrowth Announces the Extension of Its Credit Facility

March 25, 2019 CALGARY, Alberta, March 25, 2019 – Pengrowth Energy Corporation (“Pengrowth” or the “Company”) (TSX:PGF, OTCQX:PGHEF), today announced that it has reached arrangements for the extension of the maturity date under its secured revolving credit facility (the “Credit Facility”) through September 30, 2019, subject to certain terms. The Company’s $330 million Credit Facility […]

by ahnationtalk on March 25, 20192 Views

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TransAlta Announces Strategic Investment by Brookfield Renewable Partners

Calgary, March 25, 2019 – TransAlta Corporation (“TransAlta” or “the Company”) (TSX: TA) (NYSE: TAC) announced today an investment by Brookfield Renewable Partners and its institutional partners (collectively “Brookfield”) that crystalizes the value of its Hydro Assets, enhances its financial position to execute its strategy, and accelerates the opportunity to return capital to shareholders. This […]

by ahnationtalk on March 25, 20192 Views

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Federal finance minister visits Calgary as protesters rally for pipelines – Globalnews.ca

March 25, 2019 As Canadian Finance Minister Bill Morneau promoted the federal budget inside Calgary’s Fairmont Palliser hotel on Monday, protesters shouted “pipelines for Canada” across the street. Signs read “Kill Bill C-69” in black lettering over a yellow background with Uma Thurman’s Bride character plastered on. Bill C-69 would change how projects such as […]

by ahnationtalk on March 25, 20191 Views

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Williams and Canada Pension Plan Investment Board to Form a US$3.8 Billion Strategic Joint Venture Partnership in the Marcellus/Utica Basins

Strategic partnership between Williams and CPPIB to support ongoing growth and Northeast region optimization Williams consolidates 100% interest in Utica East Ohio Midstream (“UEO”) and assumes operatorship Williams expects to receive approximately $1.34 billion in exchange for a 35% interest in a combined UEO-Ohio Valley Midstream (“OVM”) joint venture, providing Williams with a net of […]

by pmnationtalk on March 19, 20199 Views

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Mexico warns Canadian mining companies of increased scrutiny – Digital Journal

Canadian mining companies operating in Mexico should be on notice that the sector is going to face increased scrutiny on its environmental practices and treatment of Indigenous people, according to the country’s new ambassador to Ottawa. Mexico’s new ambassador to Canada, Juan Jose Gomez Camacho was appointed on March 14, and one of the very […]

by ahnationtalk on March 19, 201916 Views

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Province increases oil production limits

March 18, 2019 Industry and markets will have greater certainty for making decisions by having production limit information two months in advance. Alberta continues to increase the amount of oil production allowed. Limits are based on monitoring a number of indicators and recognizing that less diluent is needed in warmer weather for bitumen to flow […]

by pmnationtalk on March 19, 201915 Views

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TransCanada Provides Series 7 Preferred Shares Conversion Right and Dividend Rate Notice

CALGARY, Alberta, March 15, 2019 — TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 7 (Series 7 Shares) on April 30, 2019. As a result, subject to certain conditions, the holders of Series 7 Shares have the right […]

by pmnationtalk on March 15, 201931 Views

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High price of buying in: Oil-friendly Indigenous groups are disparaged as ‘sellouts’ – Macleans.ca

Bands in Alberta and B.C. want in on energy infrastructure to reap the economic benefits—and to implement environmental protections Mar 14, 2019 Not long ago, Stephen Buffalo, the president and CEO of the Indian Resource Council of Canada (IRC), held a conference called “Pipeline Gridlock” in Calgary to discuss the involvement of Indigenous people in […]

by ahnationtalk on March 15, 201919 Views

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TransAlta’s 2019 Annual Meeting of Shareholders

Mar 14, 2019 CALGARY, March 14, 2019  – TransAlta Corporation (“TransAlta” or “the Company”) (TSX:TA) (NYSE: TAC) today announced that it has changed the date and location of its 2019 Annual and Special Meeting of Shareholders (the “Meeting”) to 10:30 a.m. on April 26, 2019 to be held at the TELUS Convention Centre, North Building, Room […]

by ahnationtalk on March 14, 201922 Views

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Tervita Corporation Announces Fourth Quarter & Year End 2018 Results

March 13, 2019 Q4 2018 Adjusted EBITDA of $50 million up 25% vs Q4 2017, and 2018 Adjusted EBITDA of $191 million up 22%, or 16% per share from 2017. Generated $103 million of Discretionary Free Cash Flow (excluding cash transaction costs) which was more than sufficient to fund $56 million of 2018 growth and […]

by pmnationtalk on March 14, 201924 Views

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