History

History

Proud of the past; excited about the future

2019

Acquired Kinder Morgan Canada and the Cochin Pipeline for $4.35 billion.

2018

Released inaugural Sustainability Report.

2017

Completed the largest acquisition in Pembina’s history – Veresen Inc.

2016

Announced acquisition of Strategic Midstream assets for $556 million and a dividend increase.

2014
  • Pembina's long time Chief Executive Officer, Bob Michaleski, retired at the end of 2013 and was succeeded by Mick Dilger, previously Pembina's President & Chief Operating Officer.
  • Announced $460 million of new capital projects.
2013

$1 billion expansion of NGL infrastructure.

2012

Completed the acquisition of Provident Energy Ltd.

2011

Announced $550 million capital spending plan for 2012, targeted at projects in conventional pipelines and gas services businesses.

2010

Completed the conversion from an Income Fund into a dividend-paying corporation.

2009

Announced closing of the acquisition of the Cutbank Complex, marking Pembina’s strategic entry into the natural gas gathering and processing business.

2008

Completion of the $400 million Horizon project, which provides transportation service to Canadian Natural Resources Ltd's oil sands operation located north of Fort McMurray, Alberta. This increased Pembina's oil sands transportation capacity under long-term contract by 250,000 bpd to 775,000 bpd.

2007

Development of $400 million Nipisi and Mitsue Pipeline project commenced.

2005

Development of midstream business unit.

2003

Acquired 50% non-operated interest in the Fort Saskatchewan Ethylene Storage L.P.

2002

Started capacity expansion of Alberta Oil Sands Pipeline. Completed in mid-2004 for $164 million.

2001

Acquired Alberta Oil Sands Pipeline Ltd.

2000

Acquired Federated Pipe Lines Ltd. and British Columbia pipeline assets of the Western Facilities Fund.

1998

Became a publicly-traded company. The Pembina Pipeline Income Fund was established and began trading on the Toronto Stock Exchange under the symbol PIF.UN.

1997

Pembina Pipeline Income Fund was created.

1996

Bought half of the Bonnie Glen System.

1991

Acquired Peace Pipe Line Ltd.

1980

Began using a supervisory control and data acquisition system (SCADA).

1978

The billionth barrel of oil was shipped.

1954

Pembina Pipe Line Ltd. was incorporated in the Province of Alberta as the operator of an oil transporting pipeline system within the Pembina field.