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Pembina Pipeline Launches $425M Expansion Amid Earnings Drop

2/28/2026

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Story summary
  • Pembina Pipeline Corp. is advancing two pipeline expansion projects in British Columbia and Alberta.
  • In fourth-quarter 2025, earnings were $489 million, down from $572 million, with revenue of $1.91 billion.
  • The expansions cost $425 million and include a 95-kilometre natural gas liquids pipeline.
  • The initial phase connects Taylor, B.C., to Gordondale, Alta.
  • Scott Burrows, Pembina's chief executive officer, said Pembina will work with Indigenous communities and regulators.