Pembina Pipeline Corp. to proceed with $2 billion Phase 3 expansion of its pipeline system

Long-term agreements underpin new major expansions (All financial figures are approximate and in Canadian dollars unless otherwise noted.) Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that it has reached binding commercial agreements to proceed with constructing approximately $2 billion in pipeline expansions (the “Phase III Expansion”). The Phase III Expansion is […]

CNOOC Limited to examine LNG development in British Columbia, Canada through Nexen

CNOOC Limited (NYSE: CEO, SEHK: 00883, TSX: CNU) announced on November 12, 2013 that its wholly owned subsidiary Nexen Energy ULC (Nexen), has entered into an exclusive agreement with the Government of British Columbia, Canada to examine the viability of constructing a liquefied natural gas (LNG) plant and export terminal at Grassy Point near Prince Rupert, British Columbia, […]

Nexen releases 2012 Sustainability Report

Nexen Energy ULC reported today the release of its 2012 Sustainability Report, a review of the company’s health, safety, environmental, social and economic performance for the year. The report outlines Nexen’s performance in 2012 and includes trends for the past three years.