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Pembina Pipeline Corporation To Expand Vantage Pipeline
Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced that it has entered into agreements to expand the Vantage pipeline system ("Vantage") (the "Vantage Expansion") for an estimated capital cost of $85 million.

date.png12 Feb 2015 06:58 | comments.png 0 Comments | tags.png canada ethane n-america pembina pipeline usa [ More ]

Pembina Pipeline Corporation Announces Resthaven Plant Expansion
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has entered into commercial agreements to proceed with a $170 million expansion of the Company's recently completed Resthaven Facility (a 200 million cubic feet per day ("MMcf/d") (134 MMcf/d net to Pembina) gas processing facility) and to build, own and operate a new gas gathering pipeline that will deliver gas into the Resthaven Facility (collectively, the "Resthaven Expansion" or "the Project").

date.png14 Oct 2014 05:22 | comments.png 0 Comments | tags.png canada n-america pembina pipeline [ More ]

Pembina Announces $115 Million Simonette Pipeline Expansion Project
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it plans to proceed with a $115 million expansion of its Peace Pipeline System between Simonette and Fox Creek, Alberta (the "Simonette Pipeline Expansion"). In response to requests from area producers for firm service, the Simonette Pipeline Expansion is expected to initially deliver approximately 40,000 barrels per day of additional liquids to Pembina's Fox Creek Terminal. At Fox Creek, this incremental production will access Pembina's previously announced Phase I and II Peace Pipeline mainline expansions from Fox Creek to the Edmonton area markets. In addition, once the project is complete, Pembina expects to have sufficient capacity and operational flexibility within the Simonette to Fox Creek corridor to transport substantially all future volumes nominated through the Open Season process (Phase III Peace Pipeline mainline potential expansion plans) announced March 7, 2013.

date.png18 Sep 2013 06:48 | comments.png 0 Comments | tags.png canada n-america pembina pipeline [ More ]

Pembina Pipeline Corporation Positions for Future Growth Through Acquisition of Land and Facilities in Alberta's Industrial Hear
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has acquired a site in the Alberta Industrial Heartland for approximately $20 million featuring a well-designed existing rail system and utility infrastructure to support the future development of rail, terminalling and storage facilities (the "Heartland Hub"). The Heartland Hub is a further build-out of Pembina's larger Nexus terminal ("PNT"), servicing crude oil and diluent customers for terminalling, storage and rail.

date.png05 Sep 2013 07:38 | comments.png 0 Comments | tags.png canada n-america pembina pipeline [ More ]

Pembina Announces Long-Term Agreements for Storage and Additional Infrastructure Expansions to Support Further Development at Re
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has entered into long-term cost-of-service agreements with NOVA Chemicals Corporation ("NOVA") for the use of an underground storage cavern currently in development at Pembina's Redwater fractionation and storage site ("Redwater"), along with associated infrastructure. In addition, Pembina plans to spend approximately $25 million to upsize certain facilities associated with its second fractionator ("RFS II") to accommodate the future development of a third fractionator ("RFS III") at Redwater.

date.png05 Aug 2013 13:21 | comments.png 0 Comments | tags.png canada n-america pembina pipeline [ More ]

Pembina Pipeline Corporation Announces Moving Forward with $250 Million Phase 2 Crude Oil and Condensate Pipeline Expansion
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced that it has reached its contractual threshold to proceed with its previously announced plans to significantly expand its crude oil and condensate throughput capacity on its Peace Pipeline by 55,000 barrels per day ("bpd") (the "Phase 2 LVP Expansion").

date.png14 Feb 2013 11:36 | comments.png 0 Comments | tags.png canada crude n-america oil peace pembina pipeline [ More ]

Pembina Pipeline Corporation to Expand its NGL and Crude and Condensate Pipeline Transportation Capacity
Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) today announced plans to significantly expand its natural gas liquids ("NGL") and crude oil and condensate throughput capacity on its Peace and Northern Pipeline Systems by an additional 108,000 barrels per day ("bpd").

date.png07 Nov 2012 08:02 | comments.png 0 Comments | tags.png canada n-america ngl oil pembina pipeline [ More ]

Pembina Pipeline Corporation Receives Clearance From The Competition Bureau To Proceed With Proposed Acquisition Of Provident En
embina Pipeline Corporation ("Pembina") and Provident Energy Ltd. ("Provident") announced today that they have received clearance from the Competition Bureau of Canada to proceed with Pembina's proposed acquisition of Provident by way of its previously announced plan of arrangement (the "Arrangement"). The parties previously received clearance to proceed with the Arrangement pursuant to the Canada Transportation Act. The receipt of these clearances satisfies two of the closing conditions of the Arrangement between Pembina and Provident.

date.png15 Mar 2012 15:15 | comments.png 0 Comments | tags.png canada deals pembina pipeline [ More ]

Pembina Pipeline Corporation to Acquire Provident Energy Ltd., to Create Leading North American Energy Infrastructure Company
Pembina Pipeline Corporation (TSX: PPL, PPL.DB.C) ("Pembina") and Provident Energy Ltd. (TSX: PVE, PVE.DB.E, PVE.DB.F, NYSE: PVX) ("Provident") are pleased to announce they have entered into an agreement (the "Arrangement Agreement") for Pembina to acquire all of the issued and outstanding common shares of Provident (the "Provident Shares") by way of a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement") to create an integrated company that will be a leading player in the North American energy infrastructure sector. Upon the successful completion of this transaction Pembina intends to increase its monthly dividend rate from $0.13 per share per month (or $1.56 annualized) to $0.135 per share per month (or $1.62 annualized) representing a 3.8% increase and reflecting management's confidence in the significant operational and financial strength of the combined entity going forward.

Transaction Description

date.png22 Jan 2012 08:50 | comments.png 0 Comments | tags.png canada deals n-america pembina pipeline [ More ]

Pembina Pipeline Corporation to Expand its NGL Pipeline Transportation Capacity
Pembina Pipeline Corporation ("Pembina") (TSX: PPL) today announced plans to expand its natural gas liquids ("NGL") throughput capacity on its Peace and Northern Pipelines (together the "Northern NGL System") by 55,000 barrels per day ("bpd") (the "NGL Expansion") to accommodate increased customer demand resulting from strong drilling results and increased field liquids extraction by area producers.

date.png12 Nov 2011 12:19 | comments.png 0 Comments | tags.png canada ngl pembina pipeline [ More ]
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