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Oil & Gas and Mining News
Oil & Gas and Mining News
Bank chief executives summoned to House of Commons environment committee
OTTAWA — A parliamentary committee has summoned Canada's big five bank CEOs to talk about the environmental and climate impacts of the financial system.
May 17, 2024 11:20 AM
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Statistics Canada says manufacturing sales down 2.1% at $69.9B in March
OTTAWA — Manufacturing sales fell 2.1 per cent to $69.9 billion in March as sales of petroleum and coal products and motor vehicles fell, Statistics Canada said Wednesday.
May 15, 2024 10:23 AM
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Statistics Canada reports wholesale sales down 1.1% in March
OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain, fell 1.1 per cent to $81.4 billion in March.
May 14, 2024 7:16 AM
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'A steadfast champion of Atlantic Canada': Oil executive Arthur Irving dies at age 93
SAINT JOHN, N.B. — Arthur L. Irving, the second-born son of New Brunswick industrialist K.C. Irving, has died at the age of 93 after a life spent growing the oil business his father founded.
May 13, 2024 7:45 PM
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Canadian banks directed over US$100 billion to oil and gas last year: report
TORONTO — Canadian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual Banking on Climate Chaos report.
May 13, 2024 9:55 AM
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Pembina Pipeline says potential Trans Mountain purchase not a priority
CALGARY — Exploring a potential purchase of the Trans Mountain oil pipeline is not a major priority right now for Pembina Pipeline Corp., the Calgary-based company said.
May 10, 2024 2:32 PM
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Crescent Point says no major sales or purchases in near future after deal spree
CALGARY — After a recent spree of large-scale transactions cementing it as the dominant player in two major North American petroleum plays, Crescent Point Energy Corp. says it is done with buying and selling assets for the near future.
May 10, 2024 1:41 PM
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Enbridge says carbon storage project still alive in spite of Capital Power decision
CALGARY — Enbridge Inc.'s proposal to build a major carbon storage hub in Alberta remains on the table, the company said Friday, in spite of Capital Power's recent decision to shelve its own $2.4-billion project associated with the plan.
May 10, 2024 10:53 AM
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Alberta Utilities Commission fines another unlicensed power generator mining bitcoin
EDMONTON — The Alberta Utilities Commission has fined another company for operating an electricity generator without a licence — using the power, like other offenders, to operate bitcoin mines.
May 9, 2024 3:54 PM
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Pathways Alliance names former MEG Energy CEO Derek Evans as executive chair
CALGARY — Pathways Alliance says former MEG Energy president and CEO Derek Evans is its new executive chair.
May 9, 2024 3:29 PM
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