LNG Canada

CAPP Forecasts Capital Investment for Canadian Oil and Natural Gas Sector to Reach $40.6 Billion in 2024

Retrieved on: 
Tuesday, February 27, 2024

CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Canadian Association of Petroleum Producers (CAPP) is forecasting capital expenditures for the upstream oil and natural gas sector will reach $40.6 billion in 2024, rising slightly from an estimated actual investment of $39 billion for 2023.

Key Points: 
  • CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Canadian Association of Petroleum Producers (CAPP) is forecasting capital expenditures for the upstream oil and natural gas sector will reach $40.6 billion in 2024, rising slightly from an estimated actual investment of $39 billion for 2023.
  • “Upstream oil and natural gas producers are staying disciplined, with capital expenditures expected to remain stable in 2024,” says Lisa Baiton, CAPP President & CEO.
  • Conventional oil and natural gas capital investment for 2024 is forecast at $27.3 billion, while oil sands investment is expected to reach $13.3 billion.
  • Alberta: The province is expected to maintain a steady investment level at $29 billion, with oil sands’ contribution at around $13.3 billion.

Pembina Pipeline Corporation Reports Record Results for the Fourth Quarter 2023, Provides Business Update, and Declares Quarterly Common Share Dividend

Retrieved on: 
Thursday, February 22, 2024

Pembina reported record quarterly adjusted EBITDA of $1,033 million in the fourth quarter and record full year adjusted EBITDA of $3,824 million.

Key Points: 
  • Pembina reported record quarterly adjusted EBITDA of $1,033 million in the fourth quarter and record full year adjusted EBITDA of $3,824 million.
  • Results were impacted by higher incentive costs driven by Pembina's share price performance and increased shared service revenue.
  • On a per share (basic) basis, cash flow from operating activities was $1.60 per share for the fourth quarter and $4.79 per share for the full year.
  • ET) for interested investors, analysts, brokers and media representatives to discuss results for the fourth quarter of 2023.

TC Energy reports record 2023 operating and financial results driven by solid execution

Retrieved on: 
Friday, February 16, 2024

Driven by solid execution throughout 2023, our unparalleled asset base continued to generate strong operational and financial results, delivering record comparable EBITDA and comparable earnings per common share.

Key Points: 
  • Driven by solid execution throughout 2023, our unparalleled asset base continued to generate strong operational and financial results, delivering record comparable EBITDA and comparable earnings per common share.
  • Our collective efforts in 2023 continued to set the stage for a transformative period for TC Energy.
  • Guided by a clear set of strategic priorities for 2023, including project execution, enhancing balance sheet strength, and maximizing the value of our asset base, TC Energy was successful in delivering on our commitments.
  • Throughout fourth quarter 2023, we continued to see strong, sustained demand for our assets and services that further supported the delivery of record results.

Pulse Seismic Inc. Reports 2023 Financial Results and Declares Dividend

Retrieved on: 
Friday, February 16, 2024

The Company has included these non-GAAP financial measures because management, investors, analysts and others use them as measures of the Company’s financial performance.

Key Points: 
  • The Company has included these non-GAAP financial measures because management, investors, analysts and others use them as measures of the Company’s financial performance.
  • These non-GAAP financial measures are defined, calculated and reconciled to the nearest GAAP financial measures in the Management's Discussion and Analysis.
  • Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic.
  • Pulse does not publish specific financial goals or otherwise provide guidance, due to the inherently poor visibility of seismic revenue.

Winners for 2023 Webster Awards Announced

Retrieved on: 
Wednesday, November 15, 2023

VANCOUVER, BC, Nov. 15, 2023 /CNW/ - The winners in the 14 categories for the 2023 Webster Awards, Western Canada's preeminent journalism awards, were announced this evening during a live in-person event, hosted by CHEK TV's Paul Haysom and Gloria Macarenko from CBC Radio who also conducted a fireside chat with the featured guest, veteran anchor/journalist, Lisa LaFlamme.

Key Points: 
  • VANCOUVER, BC, Nov. 15, 2023 /CNW/ - The winners in the 14 categories for the 2023 Webster Awards, Western Canada's preeminent journalism awards, were announced this evening during a live in-person event, hosted by CHEK TV's Paul Haysom and Gloria Macarenko from CBC Radio who also conducted a fireside chat with the featured guest, veteran anchor/journalist, Lisa LaFlamme.
  • For those who wish to see who the finalists and winners are of the 2023 Webster Awards, and to view the finalists' work, this can be accessed now at www.jackwebster.com .
  • Lisa LaFlamme, featured guest at the 2023 Webster Awards- BC's best journalist celebrated.
  • Also, during the 2023 Webster Awards, Frances Bula was honoured as the 2023 Bruce Hutchison Lifetime Achievement Award recipient, the Global Reporting Centre was honoured as the 2023 Bill Good Award recipient, and 2023 Shelley Fralic Award recipient, Sophie Lui of Global BC, was also honoured.

TC Energy reports strong third quarter 2023 operating and financial results and achieves mechanical completion on Coastal GasLink ahead of target

Retrieved on: 
Wednesday, November 8, 2023

Project execution: Coastal GasLink achieves mechanical completion, while continuing to advance Southeast Gateway

Key Points: 
  • Project execution: Coastal GasLink achieves mechanical completion, while continuing to advance Southeast Gateway
    We are pleased to announce that the Coastal GasLink project has achieved mechanical completion ahead of our year-end target.
  • In October, the project achieved 100 per cent pipe installation following the final weld at the base of Cable Crane Hill.
  • Land rights and rights of way negotiations have closed, and all critical permits for onshore construction have been received.
  • Closing of this transaction is a major step towards reaching TC Energy’s 2024 year-end leverage target of 4.75 times debt-to-EBITDA.

ATB Capital Markets Hosts Fall Life Sciences and Energy Investor Conferences in New York

Retrieved on: 
Wednesday, September 27, 2023

CALGARY, AB, Sept. 27, 2023 /PRNewswire/ - ATB Capital Markets Inc. ("ATB Capital Markets"), the capital markets arm of ATB Financial, hosted two Institutional Investor Conferences in New York last week, with management teams from the Life Sciences and Energy sectors presenting over two days.

Key Points: 
  • CALGARY, AB, Sept. 27, 2023 /PRNewswire/ - ATB Capital Markets Inc. ("ATB Capital Markets"), the capital markets arm of ATB Financial, hosted two Institutional Investor Conferences in New York last week, with management teams from the Life Sciences and Energy sectors presenting over two days.
  • "The unique challenges in the Life Sciences and Energy sectors present emerging opportunities as the landscape for both industries continues to evolve.
  • On September 20, the ATB Capital Markets Life Sciences Institutional Investor Conference, held in person in New York City, featured a cross-section of Canadian, International, and U.S. Multi-State Operators ("MSOs"), showcasing market-leading companies in both the recreational and medical cannabis space.
  • On September 21, the ATB Capital Markets Energy Institutional Investor Conference highlighted 13 prominent oil and gas producers and investment opportunities in Canada's secure, reliable energy sector.

Finalists for 2023 Webster Awards Announced

Retrieved on: 
Tuesday, September 12, 2023

Plus tickets now on sale for the Nov. 14th Gala Dinner/Awards Evening

Key Points: 
  • Plus tickets now on sale for the Nov. 14th Gala Dinner/Awards Evening
    VANCOUVER, BC, Sept. 12, 2023 /CNW/ - Finalists in the 14 categories for the 2023 Webster Awards, Western Canada's preeminent journalism awards, were announced today.
  • All finalists will be celebrated, and the winner in each category will be announced during the November 14th Webster Awards which this year will be a live, in-person gala dinner awards evening at the Hyatt Regency, Vancouver, no-host reception 4:30 p.m. – 5:45 p.m. with dinner and the awards beginning at 6:00 p.m.
    Finalists announced for 2023 Webster Awards - Nov. 14 event featuring Lisa LaFlamme
    This year's event will feature Lisa LaFlamme, in a fireside chat hosted by CBC Vancouver's Gloria Macarenko.
  • The 2023 finalists announced today and detailed below were chosen by the Webster Awards jury, all members who are independent of the Jack Webster Foundation and its board.
  • Webster Award partners are Oh Boy Productions, Glacier Media, and the Vancouver Sun and Province.

Rose Paul receives 2023 Indigenous Women in Leadership Award

Retrieved on: 
Friday, August 4, 2023

Toronto, ON, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Canadian Council for Aboriginal Business (CCAB) is pleased to honour Rose Paul as the recipient of the 2023 Indigenous Women in Leadership (IWIL) award.

Key Points: 
  • Toronto, ON, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Canadian Council for Aboriginal Business (CCAB) is pleased to honour Rose Paul as the recipient of the 2023 Indigenous Women in Leadership (IWIL) award.
  • This year, Rose Paul is CEO of Bayside Development Corporation, the business arm of Pagtnkek Mi’kmaw Nation, is the recipient of this award.
  • “We are immensely proud to present Rose Paul with the Indigenous Women in Leadership Award,” said CCAB president and CEO, Tabatha Bull.
  • “On behalf of LNG Canada, congratulations to Rose Paul on receiving this year’s Indigenous Women in Leadership Award,” said Teresa Waddington, Vice President Corporate Relations at LNG Canada.

Fluor Reaches Significant Milestone on LNG Canada Project

Retrieved on: 
Tuesday, July 18, 2023

With the arrival of the last module by ship from its fabrication yard in Zhuhai, China, Fluor Corporation (NYSE: FLR) announced today that it has completed the module fabrication program on the LNG Canada project in Kitimat, British Columbia, Canada.

Key Points: 
  • With the arrival of the last module by ship from its fabrication yard in Zhuhai, China, Fluor Corporation (NYSE: FLR) announced today that it has completed the module fabrication program on the LNG Canada project in Kitimat, British Columbia, Canada.
  • View the full release here: https://www.businesswire.com/news/home/20230718798166/en/
    The final module shipped from its fabrication yard in Zhuhai, China, arrived yesterday morning at the LNG Canada project in Kitimat, British Columbia, Canada.
  • Fluor, along with its joint venture partner JGC Corporation, is delivering multiple aspects of the LNG Canada project, including engineering, procurement, fabrication and delivery of modules, and construction of the project's infrastructure and utilities, marine structures and LNG storage tank.
  • "Completing the module fabrication program is a major achievement for the LNG Canada Project," said Pierre Bechelany, president of Fluor’s LNG business.