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Teck Resources riding high on great quarterly profit numbers

April 23, 2019

Canadian miner Teck Resources Ltd, the world’s second-biggest exporter of steelmaking coal, reported a better-than-expected quarterly profit this week, boosted by its energy business and a slight increase in commodity prices. The miner told Reuters that even though commodity prices

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Oil sands GHG emissions higher than previously thought: study

April 23, 2019

New federal research suggests greenhouse gas (GHG) emissions from Alberta’s oil sands may be significantly higher than industry reports. In a study published Tuesday, Environment Canada scientists say four major oil sands mines are releasing an average of about one-third more carbon

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Active drilling drops 40 per cent in Canada since 2014

April 22, 2019

A research report by AltaCorp Capital shows the number of companies actively drilling in Canada has declined by 40 per cent since the oil price crash of late 2014. The analysis cites industry data which shows only 26 drilling contractors have

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66% of Quebecers want Alberta oil, not foreign: Leger poll

April 22, 2019

Many Albertans might think Quebecers want nothing to do with Western oil, or any oil for that matter. Nothing could be further from the truth. Let’s start with the obvious: A little more than half of the oil that is

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CNOOC fined $450,000 for oil sands worker deaths

April 22, 2019

The company formerly known as Nexen Energy has been fined $450,000 after pleading guilty to charges in the deaths of two oil sands workers in northern Alberta. The two men died from an explosion at the Long Lake facility near Anzac on Jan.

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Renewable natural gas project proposed for Prince George

April 22, 2019

FortisBC is looking to purchase landfill gas from the Foothills Boulevard Regional Landfill in the Fraser-Fort George region, to purify and inject the gas into its natural gas distribution system as Renewable Natural Gas (RNG). “The demand for RNG is

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Ottawa extends decision deadline on Trans Mountain to June

April 22, 2019

Ottawa has extended the deadline for a decision on whether to push forward with the expansion of the Trans Mountain oil pipeline to June 18 from mid-May. The Trans Mountain expansion project would nearly triple the amount of crude flowing

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Activist investors part ways with TransAlta prior to AGM

April 22, 2019

A pair of activist investors agitating for changes at TransAlta Corp. terminated their partnership ahead of the power company’s annual general meeting. Mangrove Partners and an entity controlled by C. John Wilder’s Bluescape Energy Partners told Bloomberg News in a

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“Complexity” delaying Kinder Morgan’s decision on Canadian assets

April 18, 2019

Kinder Morgan Canada Ltd. says it is continuing to evaluate its strategic options and hopes to announce its next steps in coming weeks. The company was spun off from its American parent in mid-2017 to raise money to build the Trans Mountain pipeline

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B.C., Quebec remain defiant despite Kenney’s threat to turn off the taps

April 18, 2019

Jason Kenney’s Alberta election victory sent ripples of enthusiasm and concern across Canada Wednesday. Ontario Premier Doug Ford welcomed a rising Conservative wave, British Columbia grappled with the Kenny campaign promise of squeezing its oil supply and Quebec stood firm on its