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Pembina Pipeline posts $1.2 billion loss on petrochemical, LNG project impairments

Pembina Pipeline posts $1.2 billion loss on petrochemical, LNG project impairments
CALGARY — Pembina Pipeline Corp. is reporting a $1.2 billion net fourth-quarter loss thanks mainly to $1.6 billion in non-cash after-tax impairment charges on its proposals to build an Alberta petrochemical plant and Oregon LNG export facility. The Calga...
Economic , Resource , US News

Tender for world’s first wastewater sludge bio-crude pilot coming
Metro Vancouver plans to tender a contract by the second half of 2022 for the co...
Infrastructure , Projects , Resource

New state-of-the-art wastewater plant slated for Selkirk, Man.
In just a few months, Selkirk, Man will be taking delivery of a new wastewater t...
Infrastructure , Projects , Resource

$52M dewatering plant kicks off Iona multi-billion dollar plant replacement
NAC Constructors Ltd. is working towards completing a new $52 million bio-solids...
Infrastructure , Projects , Resource
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Pembina Pipeline posts $1.2 billion loss on petrochemical, LNG project impairments
CALGARY — Pembina Pipeline Corp. is reporting a $1.2 billion net fourth-quarter...
Economic , Resource , US News

Tender for world’s first wastewater sludge bio-crude pilot coming
Metro Vancouver plans to tender a contract by the second half of 2022 for the co...
Infrastructure , Projects , Resource

New state-of-the-art wastewater plant slated for Selkirk, Man.
In just a few months, Selkirk, Man will be taking delivery of a new wastewater t...
Infrastructure , Projects , Resource

$52M dewatering plant kicks off Iona multi-billion dollar plant replacement
NAC Constructors Ltd. is working towards completing a new $52 million bio-solids...
Infrastructure , Projects , Resource

Keystone XL ‘clarity’ boosts Gibson Energy diluent recovery project, says CEO
CALGARY — The CEO of Gibson Energy Inc. says “clarity” about the future of the c...
Economic , Resource , US News

Sale of Heartland Petrochemical Complex one option under review: Inter Pipeline CEO
CALGARY — The CEO of Inter Pipeline Ltd. says the Calgary-based company's review...
Economic , Resource

St. Albert builds new solar array on public works roof
ST. ALBERT, ALTA. — The City of St. Albert has wrapped up a solar power project...
Projects , Resource

Shell to sell Alberta shale oil assets to Crescent Point in $900 million deal
CALGARY — Royal Dutch Shell is further reducing its exposure to the Alberta oilp...
Economic , Resource

TC Energy warns Coastal GasLink pipeline costs up due to pandemic-related shutdown
CALGARY — The CEO of TC Energy Corp. is warning that the cost of its Coastal Gas...
Economic , Infrastructure , Resource

Teck Resources takes Fort Hills charge, cites higher pandemic costs for Chile project
VANCOUVER — Teck Resources Ltd. is again writing down part of its stake in the F...
Economic , Resource

TC Energy expects ‘substantive’ charge related to Keystone XL permit revocation
CALGARY — TC Energy Corp. says it expects to take a “substantive” charge when it...
Infrastructure , Resource , US News

Spartan Delta buys Inception Exploration and oil and gas assets for $148 million
CALGARY — Calgary producer Spartan Delta Corp. says it has agreed to buy private...
Economic , Resource

Agreement allocates $70M for pre-construction of mine road in Alaska
ANCHORAGE, ALASKA — The board of the state-owned Alaska Industrial Development a...
Infrastructure , Resource , US News

Former Obama adviser Podesta on Biden’s Keystone XL decision: ‘He’s not going back’
WASHINGTON — A prominent former adviser to Barack Obama says it's time for Canad...
Infrastructure , Resource , US News

‘Political gunfight:’ Environmental law group challenges Alberta oil inquiry in court
CALGARY — A lawyer for an environmental law charity says Alberta's probe into th...
Government , Resource

Researchers recommend adaptive reuse for vacant Calgary offices
Instead of sitting empty, offices in downtown Calgary, Alta. could and should be...
Economic , Resource

Inter Pipeline shares jump as higher bids expected in Brookfield takeover bid
CALGARY - A proposed hostile takeover of Inter Pipeline Ltd. by its largest shar...
Economic , Projects , Resource

First Notice: Vancouver upgrades hospital zone; Yukon quartz mining guidelines; Ballard and Chat Industries sign deal
Vancouver begins hospital zone upgrades The City of Vancouver will begi...
Infrastructure , Projects , Resource , Technology

Keyera’s delayed pipeline costs rise to $1.6 billion
CALGARY — Keyera Corp. says the cost of a proposed natural gas liquids pipeline...
Economic , Projects , Resource

Alberta funds green pipeline tech research for natural gas
CALGARY — Alberta officials will invest nearly $2 million in funding to help acc...
Government , Resource , Technology

Residents gather in South Dakota to lament loss of Keystone pipeline
PHILIP, S.D. — Residents and business owners upset by the loss of the Keystone X...
Infrastructure , Resource , US News

Suncor Energy restarts carbon emission cutting projects despite vow of austerity
CALGARY — The CEO of Suncor Energy Inc. says it will not increase capital spen...
Economic , Projects , Resource

Your top JOC headlines: Feb. 1 to 5
Your top JOC headlines this week feature an announcement that work has started o...
Associations , Economic , Government , Labour , Resource

‘Serious concern’ among Nunavut communities over iron ore mine’s proposed expansion
IQALUIT, NUNAVUT — Nunavut communities on the northern tip of Baffin Island are...
Projects , Resource

TransAlta wraps up first phase of boiler conversions
WABAMUN, ALTA. — TransAlta Corporation recently announced work has finished on t...
Projects , Resource

Ottawa orders independent review panel for Suncor Energy oilsands mine extension
CALGARY — Ottawa says it is referring the impact assessment of a Suncor Energy I...
Government , Resource

USW urging Trudeau to ensure Canadian-made steel used on major projects
The United Steelworkers (USW) union is calling on Prime Minister Justin Trudeau...
Economic , Government , Resource

Forestry watchdog finds no issues with Vancouver Island timber operations
PORT HARDY, B.C. — A recent audit of BC Timber Sales (BCTS) and timber sale lice...
Resource

Petronas CEO touts LNG Canada’s emissions benefits, warns delays could be costly
CALGARY — The president and group CEO of oil giant Petronas says the LNG Canada...
Projects , Resource

Low carbon key to future of Alberta’s oil and gas industry
After suffering major economic blows from oil price crashes, cancelled projects...
Economic , Resource

First Notice: Crestpoint acquires western Canadian properties; Suncor project goes to panel; StatsCan says construction numbers up
Crestpoint acquires Vancouver, Winnipeg properties Crestpoint Real Esta...
Economic , Infrastructure , Projects , Resource , US News

Your top JOC headlines: Jan. 25 to 29
This week’s top JOC headlines feature a special Construction Record podcast abou...
Associations , Government , Infrastructure , Projects , Resource , US News
Most Read News

Soaring Lumber & Steel Prices Confirmed by Latest PPI Results
Soaring lumber and steel prices are all the talk in construction circles these d...
Economic , US News

Top 10 major upcoming Toronto, Ottawa, Montréal and Vancouver, Calgary, Edmonton construction projects – Canada – February 2021
The accompanying tables show the top 10 major upcoming Toronto, Ottawa, Montréa...
Economic

EllisDon tackles affordable housing with new community builders group, resource package
EllisDon is taking a leap into the affordable housing sector with a new division...
Economic

Third wave of asbestos-related deaths looms as NDP at a standstill on taking action
As Canada's third wave of asbestos-related deaths looms, B.C.'s government appea...
Associations , Government , Labour , OH&S

13 Mid-February Economic Nuggets Spotlighting Construction Jobs & Foreign Trade
As I sit writing this Nuggets report, it’s just after Valentine’s Day and we’re...
Economic

U.S. & Canadian Economies Lifted by Fervent Swirl of Housing Starts
Residential Permits Set Feverish Pace There are some exciting stories to tell a...
Economic

Designers imagine future of garages in Volvo challenge
TORONTO — Volvo Cars Canada and the Interior Design Show Toronto have announced...
Projects

B.C. construction safety officials explain how to be prepared for a pandemic
It has been over a year since the coronavirus reared its ugly head in Canada. J...