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$3.5B NGL project dominates Inter Pipeline budget; AltaGas starts up NGL plant


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$3.5B NGL project dominates Inter Pipeline budget; AltaGas starts up NGL plant

Inter Pipeline earmarks most of its 2018 growth capital for C$3.5B NGL project

Inter Pipeline Ltd. is devoting the majority of its 2018 growth capital campaign to engineering and construction at its recently announced C$3.5 billion Heartland petrochemical complex.

AltaGas starts up North Pine NGL plant, unveils gas-focused 2018 capital program

AltaGas Ltd. on Dec. 1 began commercial operations at the C$120 million North Pine NGL separation facility and revealed its 2018 capital program, 60% to 65% of which would be budgeted toward the company's gas business.

SemCAMS to build 60-MMcf/d Montney sour gas plant to support 15-year contracts

A SemGroup Corp. subsidiary plans to build a new sour gas plant in Alberta serving the Montney and Duvernay plays after reaching 15-year gas processing agreements with Murphy Oil Corp.'s Murphy Oil Co. Ltd. and Athabasca Oil Corp.

Jefferies sees investors rewarding US midstream energy for value, simplification

The stage is set for investors to flock to the U.S. midstream energy sector in 2018 amid a trend of structural simplification, low equity prices and improving fundamentals such as commodity prices, Jefferies analysts said in a Dec. 20 research report.