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1-10 results from 1000 for query «energy»

October 18, 2018 5:33 PM MEG starts bidding war after rejecting $2.3 billion Husky offer

Husky proposed last month to pay MEG shareholders either $11 (Cdn) in cash or 0.485 Husky shares, subject to pro-ration. Husky Chief Executive Officer Rob Peabody had taken his cash-and-stock proposal directly to shareholders after MEG’s board spurned an earlier offer. MEG said after reviewing the offer with its financial adviser, Bank of Montreal, it was recommending 6

October 11, 2018 12:10 PM Justin Trudeau praises Michaelle Jean at Francophonie summit

YEREVAN, ARMENIA—Prime Minister Justin Trudeau paid tribute to Michaelle Jean in his speech at the opening of the summit of la Francophonie on Thursday in Armenia, just hours before the former governor general finds out whether she’ll be able to continue on as secretary general. Jean, who has been in the top job at the organization of French-speaking 12

October 10, 2018 6:05 PM Skills aren’t all that matter to Raptors coach Nick Nurse

There have been a few times over the course of the pre-season when Nick Nurse has talked about the kind of personalities he likes to have on his roster, putting aside for a moment the ability to shoot, defend or handle the basketball. The Toronto Raptors head coach talks about positive attitudes, smiles, pleasant demeanours for the most part. And given 10

October 9, 2018 11:42 PM One of oldest U.S. coal companies files for bankruptcy as fuel demand drops

The restructuring agreement, which must be approved by a judge, includes refinancing an outstanding loan and a “business transformation” meant to significantly increase cash flow, the company statement said, without providing details. The group of lenders that holds a majority of Westmoreland’s debt also plans to bid for the company’s assets, the statement 10

October 4, 2018 6:43 PM Trump plans ethanol boost amid farm belt voters in Iowa

Both year-round E15 sales and market reforms would require formal rule making by the Environmental Protection Agency, which could take another six months or more. Even then, there could be years of additional uncertainty, as foes in the oil industry sue over the E15 shift, which threatens to chip away at their share of America’s 143 billion gallon gasoline 8

October 3, 2018 1:27 PM Feds restarting Indigenous talks over pipeline, won’t appeal court decision

The court found that while the government did spend several months in 2016 meeting with Indigenous communities concerned about the pipeline, those consultations were largely note-taking exercises and the government did not do anything to address the concerns that were raised. The Trans Mountain pipeline expansion plan to triple capacity of the existing 9

October 1, 2018 4:38 PM Shell, partners approve $31 billion project to speed gas to Asia

Royal Dutch Shell Plc and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in western Canada — the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas. LNG Canada — comprised of Shell, Malaysia’s Petroliam Nasional Bhd, Mitsubishi Corp., PetroChina Co. and Korea 10

October 1, 2018 12:19 AM Calgary-based Husky Energy makes $6.4 billion bid for MEG Energy

Husky Energy Inc. is making a hostile bid to acquire MEG Energy Corp. in a transaction valued at $6.4 billion. In a statement issued Sunday afternoon, Husky says the proposed merger “will create a stronger Canadian energy company.” The new, Calgary-based operation would have the capacity to produce more than 400-thousand barrels of oil equivalent per day. The proposal 8

September 25, 2018 2:23 PM Ontario’s environmental commissioner slams Ford government over ‘gutted’ climate change policies

The new Doug Ford government has “gutted” most of Ontario’s climate change programs with no replacement, Environmental Commissioner Dianne Saxe says in a damning new report. The report slams the Progressive Conservatives for axing the previous Liberal government’s cap-and-trade program to limit greenhouse gas emissions — which Ford branded a carbon tax that was doing 11

September 14, 2018 6:09 PM Ontario outlines arguments in lawsuit against federal carbon tax plan

The Ontario government says it has taken the next step in its legal challenge against the federal government’s carbon tax plan. Environment Minister Rod Phillips says the government has filed a statement in court outlining its arguments that Ottawa’s carbon pricing plan is unconstitutional. The province argues the federal government does not have the power 15