Yahoo! Canada Finance: Oil & Gas Pipelines Industry News

Pembina Announces November 2009 Distribution

Fri, 06 Nov 2009 18:55:52 GMT

CNW Group - Pembina Pipeline Income Fund ("Pembina" or the "Fund") announces the November 2009 cash distribution to Unitholders of 13 cents per Trust Unit, to be paid December 15, 2009 to Unitholders of record on November 25, 2009.

Celtic Reports Record Production of 15,307 BOE Per Day in the Third Quarter of 2009, With Additional Volumes Behind Pipe

Fri, 06 Nov 2009 13:00:33 GMT

Marketwire - Celtic Exploration Ltd. ("Celtic" or the "Company") (TSX:CLT) has released its financial and operating results for the three and nine months ended September 30, 2009.

Tonbridge Power Starts Project 2: Executes Cooperation Agreement With Gaelectric North America for New Transmission Line in Montana

Thu, 05 Nov 2009 21:01:10 GMT

Marketwire - Tonbridge Power Inc. (TSX VENTURE:TBZ) ("Tonbridge" or the "Company"), is pleased to announce it has entered into an agreement with wind power developer, Gaelectric North America Inc. ("Gaelectric") to begin detailed feasibility work on a new transmission line in Montana.

Sweden, Finland okay Russia's Nord Stream pipeline

Thu, 05 Nov 2009 20:52:00 GMT

AFP - STOCKHOLM (AFP) - After years of procrastination, Sweden and Finland agreed on Thursday to allow the Russian-led Nord Stream pipeline to pass through their waters in the Baltic Sea, a crucial step for the project destined to supply Europe with Russian gas.

Inter Pipeline Fund Announces November 2009 Cash Distribution

Thu, 05 Nov 2009 17:15:29 GMT

Marketwire - Inter Pipeline Fund ("Inter Pipeline") (TSX:IPL.UN) announced today the declaration of a cash distribution of $0.07 per unit for November 2009.

Inter Pipeline Fund Announces Strong Third Quarter 2009 Results

Thu, 05 Nov 2009 17:12:06 GMT

Marketwire - Inter Pipeline Fund ("Inter Pipeline") (TSX:IPL.UN) announced today its financial and operating results for the three and nine month periods ended September 30, 2009.

L.B. Foster Forms Joint Venture with Lally Pipe & Tube New Firm to Manufacture Precision Pipe Couplings

Thu, 05 Nov 2009 16:00:31 GMT

PRNewswire - L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA, has announced a newly formed joint venture between...

Tonbridge Power Inc. Consolidates Its Common Shares

Wed, 04 Nov 2009 22:22:39 GMT

Marketwire - Tonbridge Power Inc. (TSX VENRURE:TBZ) ("Tonbridge" or the "Company") is pleased to announce that the common shares of the Corporation (the "Common Shares") have been consolidated on the basis of one (1) new common share for every ten (10) Common Shares issued and outstanding (the "Consolidation").

Plains All American Pipeline, L.P. Reports Solid Third-Quarter 2009 Results

Wed, 04 Nov 2009 21:37:11 GMT

Business Wire - Plains All American Pipeline, L.P. (NYSE:PAA) today reported net income of $122 million, or $0.65 per diluted limited partner unit, for the third quarter of 2009 as compared to net income for the third quarter of 2008 of $206 million, or $1.41 per diluted limited partner unit.

China's CNPC starts building Myanmar oil pipeline

Wed, 04 Nov 2009 06:30:00 GMT

AFP - BEIJING (AFP) - China National Petroleum Corp (CNPC), the country's top oil producer, has kicked off construction of a pipeline across Myanmar that should give the Asian giant quicker access to oil supplies.

MFRI Completes Joint Acquisition of Pipe Coating and Insulating Facility in Camrose, Alberta, Canada

Wed, 04 Nov 2009 00:00:30 GMT

Business Wire - MFRI, Inc. (NASDAQ – MFRI) Today, MFRI announced that its Perma-Pipe, Inc. (Perma-Pipe), subsidiary together with The Bayou Companies, Inc., (Bayou), have completed the $12.25 million (CAN) acquisition of Garneau, Inc’s pipe coating and insulation facility and associated assets located in Camrose, Alberta Canada.

Atlas Pipeline Holdings, L.P. Reports Third Quarter 2009 Results

Tue, 03 Nov 2009 23:54:51 GMT

Business Wire - Atlas Pipeline Holdings, L.P. (NYSE:AHD) (the “Partnership”), the parent of the general partner of Atlas Pipeline Partners, L.P. (NYSE:APL) (“APL” or “Atlas Pipeline”) and its subsidiaries, today reported its results for the third quarter 2009.

Atlas Pipeline Partners, L.P. Reports Third Quarter 2009 Results

Tue, 03 Nov 2009 23:54:26 GMT

Business Wire - Atlas Pipeline Partners, L.P. (NYSE:APL) (“APL” or the “Partnership”) today reported financial results for the third quarter 2009.

MasTec to Acquire Precision Pipeline, LLC

Tue, 03 Nov 2009 21:51:46 GMT

PRNewswire - MasTec, Inc. (NYSE: MTZ) today announced that it has signed a definitive agreement to acquire Precision Pipeline, LLC, a leading natural gas, crude oil and refined products transmission pipeline infrastructure services provider in North America for a purchase consideration of $150 million, subject to certain purchase price adjustments and an earnout.

ABB Selects Intergraph(R) for North African Gas Pipeline Project Comprehensive geospatial infrastructure management solution to support engineering,

Mon, 02 Nov 2009 14:00:17 GMT

PRNewswire - ABB has selected IntergraphÂ®, the leading global provider of enterprise engineering and geospatial software, for the development of an oil and gas pipeline network and relevant facilities in North Africa.

Iran says EU firms in talks to bring its gas to Nabucco

Sat, 31 Oct 2009 18:21:00 GMT

AFP - TEHRAN (AFP) - An Iranian official said on Saturday that European firms are in talks for Iran to join the EU's flagship Nabucco gas pipeline project, which aims to reduce the bloc's reliance on Russia, Mehr news agency reported.

Canadian Utilities Reports Third Quarter Earnings of $120.9 Million

Fri, 30 Oct 2009 23:27:56 GMT

Marketwire - Canadian Utilities Limited (TSX:CU) (TSX:CU.X)

Altalink, L.P.: Facts About Reliability and Consumer Costs Regarding Alberta's Electricity Future

Fri, 30 Oct 2009 20:30:08 GMT

Marketwire - AltaLink manages Alberta's largest electricity transmission system serving 85 per cent of the province's population.

Canadian Hydro Terminates Offshore Wind Prospect Agreement

Thu, 29 Oct 2009 23:04:44 GMT

Marketwire - Canadian Hydro Developers, Inc. (TSX:KHD) ("Canadian Hydro" or the "Company") has terminated its previously-announced definitive agreement with Wasatch Wind, Inc. ("Wasatch") to acquire a subsidiary of Wasatch that is developing a 4,400 MW offshore wind prospect located in Lake Erie (the "Agreement").

Tonbridge Power Board of Directors Elect John Etchart to Position of Chairman

Thu, 29 Oct 2009 22:00:27 GMT

Marketwire - Tonbridge Power Inc. (TSX VENTURE:TBZ) ("Tonbridge Power" or the "Company"), 100% controlling shareholder of Montana Alberta Tie Ltd. ("MATL"), is pleased to announce the unanimous election of Mr.

Inter Pipeline Fund - Third Quarter 2009 Conference Call and Webcast

Thu, 29 Oct 2009 13:30:10 GMT

Marketwire - Inter Pipeline Fund (Inter Pipeline) (TSX:IPL.UN) will announce its third quarter financial and operating results on November 5, 2009 and has scheduled a conference call and webcast to begin at 2:30 p.m. (Mountain Time) / 4:30 p.m. (Eastern Time) the same day for interested unitholders, analysts and media representatives.

Williams Pipeline Partners L.P. Reports Third-Quarter 2009 Financial Results - Net Income is $12.5 million, $0.38 Per Limited-Partner Unit fo

Thu, 29 Oct 2009 12:00:35 GMT

PRNewswire - Williams Pipeline Partners L.P. (NYSE: WMZ) today announced unaudited third-quarter 2009 net income of $12.5 million, compared with $13.9 million for third-quarter 2008.

TransAlta Corporation announces Cdn$375 million sale of common shares

Wed, 28 Oct 2009 20:17:33 GMT

Marketwire - TransAlta Corporation (TSX:TA)(NYSE:TAC) ("TransAlta") today announced that it has entered into an agreement with a syndicate of underwriters, led by RBC Capital Markets, CIBC and Scotia Capital Inc., as bookrunners, under which they have agreed to purchase from TransAlta and sell to the public 18,656,800 Common Shares.

Oil Sands Pipelines and New Gas Facilities Boost Pembina's Net Operating Income

Wed, 28 Oct 2009 19:00:12 GMT

CNW Group - Pembina Pipeline Income Fund ("Pembina" or the "Fund"), (TSX: PIF.UN, PIF.DB.B), announced today its financial and operating results for the three and nine months ended September 30, 2009.

Maxim Power Corp. Announces Energy Resources Conservation Board to Approve the No. 14 Mine Project

Wed, 28 Oct 2009 17:55:22 GMT

Marketwire - Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX:MXG) announced today that the Energy Resources Conservation Board ("ERCB" or "Board") has decided that, subject to the customary authorization of the Lieutenant Governor in Council, the Board will approve the application by MAXIM's wholly-owned subsidiary, Milner Power Inc., for a permit to develop the Milner No. 14 coal mine and a license to commence mining operations.

Atlas Pipeline Partners, L.P. and Atlas Pipeline Holdings, L.P. to Report Operating Results for Third Quarter 2009 and to Host Earnings Conference Cal

Wed, 28 Oct 2009 14:07:05 GMT

Business Wire - Atlas Pipeline Partners, L.P. (NYSE:APL) and Atlas Pipeline Holdings, L.P. (NYSE:AHD) announced today that they will release their third quarter 2009 results after market hours on Tuesday, November 3, 2009, and invites investors and other interested parties to listen to the live webcast of Atlas Pipeline Partners, L.P.’s quarterly conference call on Wednesday, November 4, 2009, at 9:00 a.m.

Premier Power to Present at Fourth Annual Piper Jaffray Solar Symposium at Solar Power International 2009

Wed, 28 Oct 2009 10:30:26 GMT

Business Wire - Premier Power Renewable Energy (OTCBB: PPRW), a global leader in the development, design, engineering and construction of solar power systems for commercial, government and utility markets in the U.S., Spain and Italy, will be presenting at the Fourth Annual Piper Jaffray Solar Symposium, in conjunction with Solar Power International 2009, today, Wednesday, October 28, 2009, at 10:00 a.m.

Prentice mum on pipeline status

Wed, 28 Oct 2009 00:33:36 GMT

CBC - The federal minister responsible for the proposed Mackenzie Valley natural gas pipeline wouldn't discuss a report that suggested Ottawa may pull its financial support for the $16.2-billion project.

Ottawa won't say if pulling Mackenzie line support

Tue, 27 Oct 2009 22:32:00 GMT

Reuters - CALGARY, Alberta (Reuters) - The Canadian minister overseeing the C$16.2 billion ($15.1 billion) Mackenzie Valley gas pipeline said on Tuesday that project backers are still assessing his offer of financial support, but would not comment on whether cabinet has pulled its support.

Plains All American Pipeline Extends Hedged Inventory Credit Facility

Tue, 27 Oct 2009 21:04:40 GMT

Business Wire - Plains All American Pipeline, L.P. (NYSE: PAA) today announced that it has closed on a new 364-day $500 million committed hedged inventory credit facility, which replaces a similar $525 million facility that was scheduled to mature on November 5, 2009. Borrowings under this facility will be primarily used to finance the purchase of hedged crude oil inventory for storage activities when market conditions warrant as well as for foreign import activities.

Williams Pipeline Partners L.P. Raises Cash Distribution to 33.5 Cents Per Unit

Tue, 27 Oct 2009 21:01:46 GMT

PRNewswire - Williams Pipeline Partners L.P. (NYSE: WMZ) announced today that the regular quarterly cash distribution its unitholders receive has been increased to $0.335 per unit for third-quarter 2009.

Minister won't say if Ottawa pulling pipeline support

Tue, 27 Oct 2009 20:35:00 GMT

Reuters - CALGARY, Alberta (Reuters) - The Canadian minister in charge of overseeing the C$16.2 billion ($15.1 billion) Mackenzie Valley gas pipeline said on Tuesday that project backers are still assessing his offer of fiscal aid, but would not comment on whether cabinet has pulled its support.

Yalian Completes Private Placement With Tongyu Steel Pipe Group Co.

Tue, 27 Oct 2009 17:24:38 GMT

CNW Group - Yalian Steel Corporation (TSX-V: YL) ("Yalian" or the "Company") today announced that it has completed its previously announced private placement with Jiangsu Tongyu Steel Pipe Group Co., Ltd. ("Tongyu") (see news release dated April 20, 2009), whereby Tongyu agreed to subscribe for 5,700,000 common shares of Yalian at a price of US$1.00 (CAD$1.21) per share in a private placement.

Tonbridge Power and MATL Close $161M Construction and Term Facility With Western

Tue, 27 Oct 2009 15:52:51 GMT

Marketwire - Tonbridge Power Inc. (TSX VENTURE:TBZ) ("Tonbridge Power" or the "Company") announces that, together with its Montana Alberta Tie Ltd. ("MATL") and MATL LLP subsidiaries, as financees, it has executed final documentation for the previously announced US$161 million financing with Western Area Power Administration ("Western").

Canadian Utilities Limited to Release Third Quarter Results Friday, October 30, 2009

Mon, 26 Oct 2009 17:21:50 GMT

Marketwire - Canadian Utilities Limited (TSX:CU) (TSX:CU.X) will release its financial results for the third quarter ended September 30, 2009 on Friday, October 30, 2009.

New Jersey American Water Offers Cold Weather Tips To Prevent Freezing Pipes

Mon, 26 Oct 2009 16:40:43 GMT

PRNewswire - As the falling leaves signal falling temperatures, New Jersey American Water reminds homeowners to protect their pipes from frigid winter weather to prevent costly plumbing repairs.

Alaskans wait to see if Palin's gas pipeline plan will produce state's next big economic boom

Sun, 25 Oct 2009 16:53:00 GMT

The Canadian Press - ANCHORAGE, Alaska - Sarah Palin hit the vice-presidential campaign trail last year and touted what Alaska could provide for the rest of America - a natural gas pipeline to help lead the country to energy independence.

Finland may OK Nord Stream pipeline: PM

Sun, 25 Oct 2009 16:03:00 GMT

AFP - SAINT PETERSBURG (AFP) - Finland may authorise Russia's Nord Stream gas pipeline to pass under its waters by the end of the year, Prime Minister Matti Vanhanen said on Sunday during a visit in Russia.

Pembina Pipeline Income Fund - Third Quarter Results Conference Call and Webcast

Fri, 23 Oct 2009 21:31:36 GMT

CNW Group - Pembina Pipeline Income Fund (TSX: PIF.UN, PIF.DB.B) announced today that it expects to release its third quarter 2009 report on Wednesday, October 28, 2009.

Piedmont Natural Gas Announces Plans to Provide Natural Gas Service to Progress Energy Carolinas' New Power Generation Plant Piedmont to construct 38

Thu, 22 Oct 2009 15:33:42 GMT

PRNewswire - Piedmont Natural Gas (NYSE: PNY) today announced an agreement with Progress Energy Carolinas (NYSE: PGN) to provide natural gas delivery service to the electric utility's recently announced state-of-the-art power generation facility to be built at Progress Energy Carolinas' Wayne County, N.C., energy complex. The plans call for Piedmont to construct 38-miles of 20-inch pipeline along with additional compression facilities to provide natural gas delivery service to the plant by July, 2012.

Energy Transfer Partners Tiger Pipeline Volume Commitments Reach Two Billion Cubic Feet Per Day

Wed, 21 Oct 2009 20:55:52 GMT

Business Wire - Energy Transfer Partners, L.P. (NYSE:ETP) today announced it has entered into another 10-year contract with a shipper to transport natural gas on its Tiger Pipeline system, bringing total capacity commitments on the pipeline to the initial design capacity of 2.0 billion cubic feet per day.

Solar Power, Inc. to Participate at Fourth Annual Piper Jaffray Solar Symposium at Solar Power International 2009 in Anaheim, California

Wed, 21 Oct 2009 19:00:26 GMT

Business Wire - Solar Power, Inc. (“SPI”) (OTCBB: SOPW) a leading designer, manufacturer and installer of photovoltaic solar power systems worldwide today announced Steve Kircher, Chairman and CEO will be participating in the Fourth Annual Piper Jaffray Solar Symposium in conjunction with Solar Power International 2009 on Wednesday, October 28, 2009 at Disney’s Grand California Hotel-Brisa Courtyard, 1600 South Disneyland Drive, Anaheim, CA.

Arena Resources, Inc. Announces Pipeline Transport Agreement

Wed, 21 Oct 2009 16:45:29 GMT

Business Wire - Arena Resources, Inc. (NYSE: ARD) (“Arena” or the “Company”) announced today it has finalized a contract to transport the majority of its crude oil production from its Fuhrman-Mascho (“Fuhrman-Mascho”) property in Andrews County, Texas.

Canadian Utilities Limited Eligible Dividends

Wed, 21 Oct 2009 15:43:44 GMT

Marketwire - The Board of Directors of Canadian Utilities Limited has declared the following quarterly dividends:

CU Inc. Eligible Dividends

Wed, 21 Oct 2009 15:43:42 GMT

Marketwire - The Board of Directors of CU Inc. has declared the following quarterly dividends:

Inter Pipeline Fund Announces Increase to Monthly Distributions

Wed, 21 Oct 2009 13:30:25 GMT

Marketwire - Inter Pipeline Fund ("Inter Pipeline") (TSX:IPL.UN) announced today that it will increase its monthly cash distributions to unitholders from $0.07 to $0.075 per unit commencing with its payment in January 2010.

Hanson Pipe & Precast Confirms the Manufacturing of Reinforced Concrete Pipe Produces 81 Percent Less Carbon Emissions Than Polyethylene Alternatives

Wed, 21 Oct 2009 11:37:28 GMT

Business Wire - As a leading manufacturer of concrete pipe and precast products, Hanson Pipe & Precast has determined that the production of the concrete used in its reinforced concrete pipe results in a significant 81 percent less carbon dioxide emissions than equivalent quantities of high density polyethylene and other plastic alternatives.

Carrizo Oil & Gas, Inc. Announces Sale of its Mansfield Gas Pipeline and Gathering System

Tue, 20 Oct 2009 20:35:57 GMT

PRNewswire - Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) announced today the closing of the sale of its Mansfield pipeline and gathering system in Tarrant County, Texas to Delphi Midstream Partners, LLC for net proceeds of $34.7 million, including a working capital adjustment of approximately $1.2 million.

Plains All American Pipeline Acquires Crude Oil Pipelines, Manifold and Tankage from Holly Corporation

Tue, 20 Oct 2009 20:25:57 GMT

Business Wire - Plains All American Pipeline, L.P. (NYSE: PAA) today announced that it has acquired certain pipelines, a manifold system and approximately 400,000 barrels of crude oil storage capacity from Holly Corporation (“Holly”) for $40 million.

Exall Energy Corporation: Construction Commenced on the Marten Mountain Pipeline and Battery Facilities

Tue, 20 Oct 2009 13:26:37 GMT

Marketwire - Exall Energy Corporation (TSX:EE) ("Exall" or the "Company") is pleased to announce that pipeline approvals have been received and construction has commenced on an 11 kilometer pipeline that will allow unrestricted production from the Marten Mountain 102/14-1 well that was granted Good Production Practice (GPP) status in June 2009.

Sunoco Logistics Successfully Implemented All Crude Oil Pipelines on Synthesis and Continues to Deploy Its Refined Product Pipelines and Terminals

Fri, 16 Oct 2009 12:00:26 GMT

PRNewswire - Entessa, Inc. - the leading provider of Oil and Gas Logistics Management Solutions - continues to successfully implement its Synthesis(TM) enterprise software suite with Sunoco Logistics Partners L.P. (NYSE: SXL).

Proposed Consolidation of Tonbridge Power Inc. Common Shares

Thu, 15 Oct 2009 20:42:30 GMT

Marketwire - Tonbridge Power Inc. (TSX VENTURE:TBZ) ("Tonbridge" or the "Company") announces that it has scheduled a special meeting (the "Meeting") of shareholders for November 4, 2009 whereby shareholders will be asked to provide the board of directors (the "Board") of the Corporation with the authority to amend the articles of the Corporation to provide for the consolidation of the Common Shares of the Corporation (the "Common Shares"), on the basis of one (1) new common share for every ten (10) Common Shares issued and outstanding (the "Consolidation").

United Pipeline de Mexico Awarded Additional Pemex Pipeline Project Valued at $13.9 Million

Thu, 15 Oct 2009 16:51:44 GMT

Business Wire - Insituform Technologies, Inc. (NASDAQ Global Select Market: INSU) announced today that the Mexican national oil and gas company Petróleos Mexicanos (“Pemex”) has awarded an additional $13.9 million contract to United Pipeline de Mexico, S.A. de C.V. (“UPM”), Insituform’s Mexican joint venture.

Edge Resources Closes Non-Brokered Common Share Offering and Announces Brokered Financing

Wed, 14 Oct 2009 13:01:19 GMT

Marketwire - EDGE RESOURCES INC., ("Edge" or the "Company") (TSX VENTURE:EDE)(PINK SHEETS:EDGXF) listed on the TSX Venture Exchange Inc. under the trading symbol "EDE" is pleased to announce that it has closed a non-brokered financing consisting of the issuance of 2,000,000 common shares to arm's length Alberta residents at an issue price of $0.28 per share.

Tuning Gas Turbines by Satellite: Innovative Approach Enables GE Oil & Gas to Meet Challenges of East West Pipeline Project, India

Tue, 13 Oct 2009 14:25:40 GMT

Business Wire - In the first ever project of its type, GE Oil & Gas is using satellite connections to customer sites for the remote tuning and testing of gas turbine combustion systems at eleven (11) pipeline stations owned by Reliance Gas Transportation Infrastructure Limited (RGTIL) of Mumbai, India.