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Brookfield Raises Bid to $7.02 Billion for Canada's Inter Pipeline, Tops Pembina's Offer

2021-06-02 16:24:19| OGI

Brookfield Infrastructure Partners on June 2 raised its hostile bid to buy Inter Pipeline Ltd. to CA$8.48 billion (US$7.02 billion), topping Pembina Pipeline Corp.'s CA$8.3 billion offer to buy the Canadian oil and gas transportation company.

Tags: offer bid inter billion

 

Canadas Pembina Pipeline to Buy Rival Inter Pipeline in $7 Billion All-Stock Deal

2021-06-01 15:00:00| OGI

Inter's assets include over 7,000 km (4,300 miles) of pipelines and five million barrels of oil storage in Western Canada, as well as natural gas liquids' processing plants.

Tags: buy deal inter billion

 
 

GLBC named one of Canadas Best Managed Companies

2021-05-05 17:08:17| Label and Narrow Web Breaking News

The label and packaging manufacturer has been recognized for overall business performance and sustained growth.

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Canadas Move Away from Fossil Fuels Threatens 450,000 Jobs

2021-04-07 22:00:00| OGI

As countries around the world commit to reducing their emissions to meet global climate targets, advocates for a just transition say more must be done to ensure those working in fossil fuel industries are not left behind.

Tags: jobs move fossil fuels

 

Canadas Biggest Oil Producers Plan New Emissions Targets, No Pivot to Renewables

2021-04-07 15:05:00| OGI

Canadian Natural Resources and Cenovus Energy, two of Canadas biggest oil producers, plan to set new goals to reduce greenhouse gas emissions but will not pivot entirely away from their core businesses.

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