CALGARY, AB, April 17, 2024 /PRNewswire/ - Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI) expects to announce its 2024 first quarter results after markets close on Wednesday, May 1, 2024. A conference call and webcast will then be held at 6:30 a.m. MT (8:30 a.m. ET) on Thursday, May 2, 2024, to discuss the results. To listen to the live webcast and watch the presentation, please use the following link: https://app.webinar.net/xr4dJn89YLk Analysts and investors [Read more]
Headlines
US crude stockpiles rise, products draw down more than forecast – EIA
U.S. crude oil stockpiles rose and gasoline and distillate inventories fell more than forecast last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 2.7 million barrels to 460 million barrels in the week ending April 12, the EIA said, nearly double analysts' expectations in a Reuters poll for a 1.4 million-barrel build. U.S. crude and gasoline futures held steady after EIA data, while heating oil futures gained. Crude stocks at the Cushing, [Read more]
Northeast BC: Powering Up On Lithium
Geoscience BC and Canadian Discovery Ltd. (CDL) published the NEBC Lithium – Formation Water Database on February 29, 2024. Lithium is on Canada’s Critical Minerals List and will play a significant role in our country’s move to a net-zero emissions economy as it is a key component of rechargeable vehicle batteries. The study’s primary goal was to better understand the distribution of lithium in the subsurface in northeastern BC (NEBC) by sampling, analyzing and interpreting saline water [Read more]
Activist investor Engine Capital backs call for Parkland review, including sale
Activist investor Engine Capital on Wednesday backed largest shareholder Simpson Oil's call to put Canadian fuel distributor Parkland Corp on the block as part of a strategic review, saying a sale would result in more value. Simpson Oil, which holds a 19.7% stake in Parkland, had called for a strategic review earlier this month. The call was rejected by Parkland saying it did not deem a strategic review necessary and in the best interests of the majority of its shareholders." Engine [Read more]
NeeStaNan appoints Marshall Murdock CEO, NeeStaNan Projects
NeeStaNan Projects Inc. is pleased to announce the appointment of Marshall Murdock as CEO. Robyn Lore, Proponent for NeeStaNan, says “Marshall brings a wealth of experience in governance and best business practices to NeeStaNan and will lead the company’s efforts in working with the many First Nations and Indigenous communities along the NeeStaNan corridor regions of Alberta, Saskatchewan and Manitoba”. Having spent 40 plus years in the corporate world, Marshall is a semi-retired executive [Read more]
Kazakhstan claims against Kashagan oil firms top $150 billion, Bloomberg reports
Kazakhstan has raised its arbitration claims against the international oil majors that developed the Kashagan oilfield to more than $150 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter. Kazakhstan's energy minister said last year it was pressing ahead with $16.5 billion in claims against the consortium over disputed project costs and had no plans for a possible out-of-court settlement. The report on Wednesday said the figure had jumped after the [Read more]
Revolutionizing Fracking Operations: The Emergence of Fracsol®
In the ever-evolving landscape of the oil and gas industry, innovation is not just welcomed; it's essential. As stakeholders seek more efficient, sustainable, and safer extraction methods, a new solution has emerged that promises to address these challenges head-on. Enter Fracsol®, a distilled hydrocarbon fracturing fluid designed to enhance the efficiency and sustainability of fracking operations. This revolutionary product stands out for its unique approach to fracturing fluid composition, [Read more]
Saudi’s February crude exports edge up to 6.317 million bpd
Saudi Arabia's crude oil exports in February edged up to 6.317 million barrels per day (bpd) from 6.297 million bpd in January, data from the Joint Organizations Data Initiative (JODI) showed on Wednesday. The world's largest oil exporter's crude oil production increased by 0.6% to 9.01 million bpd while inventories fell by 6.73 million barrels to 145.09 million. JODI is provided with monthly export figures by Riyadh and other members of the Organization of the Petroleum Exporting [Read more]
XI Technologies: Breaking Down Silos: Uniting Finance and Operations Teams
In the vibrant business landscape, the tag team match between finance and operations has taken centre stage. Once seen as solo players, they’re no longer content with playing in separate sandboxes. These powerhouses are teaming up to break down barriers, boost productivity and efficiency, unlocking profit potential by sharing savvy strategies to foster teamwork and triumph together! Understanding the Gap Finance and operations teams often operate in silos, with distinct objectives, metrics, [Read more]
Notice of 2024 Annual General Meeting
NOTICE OF 2024 ANNUAL GENERAL MEETING Shell plc’s 2024 Annual General Meeting (“AGM”) scheduled to be a hybrid meeting, facilitating both physical and virtual attendance. Board requests shareholder support for Company’s energy transition update, as disclosed in Shell plc’s Annual Report and the Energy Transition Strategy 2024. Shareholders encouraged to vote in advance of the AGM, but voting enabled during the meeting for those formally in attendance. Today, Shell plc (the [Read more]
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