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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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