CALGARY - Canadians celebrating the onset of summer driving season have been dismayed by another spring phenomenon — rising gasoline prices across the country. According to GasBuddy.com, the average price of regular gasoline in Canada on Monday was about $1.33 per litre, up 22 cents from the average of $1.11 per litre at the same time last year. The record high for the same day was set in 2014 at just over $1.37. Vancouver region prices have spiked to all-time record highs over $1.61 [Read more]
Archives for April 2018
Lawsuit targeting oil, gas lease sales cites imperiled bird
BILLINGS, Mont. - Environmental groups are suing the Trump administration for selling oil and gas leases on huge swaths of Western U.S. public lands while allegedly ignoring policies meant to protect an imperiled bird. The lawsuit filed Monday in U.S. District Court seeks to reverse lease sales across 475 square miles (1,230 square kilometres) in Montana, Wyoming, Utah and Nevada. Western Watersheds Project and Center for Biological Diversity also want to block upcoming sales [Read more]
TransCanada Releases 2017 Corporate Responsibility Report
CALGARY, Alberta, April 30, 2018 (GLOBE NEWSWIRE) -- TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) has released its 2017 Corporate Responsibility Report, providing a comprehensive update on our performance on environmental, social and governance topics that matter most to the stakeholders, Indigenous groups, landowners and communities involved with or affected by our business across North America. The annual Corporate Responsibility Report is one of the foundational documents [Read more]
Marathon bids big for Andeavor and a far-reaching fuel realm
SAN ANTONIO - With drivers beginning to take note of rising prices at the pump, Marathon Petroleum is buying the refiner and pipeline owner Andeavor for more than $23 billion, creating a refiner with an extensive reach across the U.S. Crude oil prices are hovering at the levels not seen in three years and are expected to climb further still, pushing up gasoline prices along the way. Gasoline prices are up 15 per cent compared with last year at this time and the daily U.S. average price [Read more]
WildHorse Resource Development Corporation Announces Cash Dividend on Series A Perpetual Convertible Preferred Stock
HOUSTON--(BUSINESS WIRE)--WildHorse Resource Development Corporation (NYSE:WRD) today announced that the Board of Directors has declared an aggregate quarterly dividend of $6.756 million or $15.53 per share on its 435,000 shares of 6.0% Series A Perpetual Convertible Preferred Stock. WRD elected to pay the dividend in cash. The dividend is for the period beginning on February 1, 2018 to April 30, 2018 and was paid to holders of record on April 15, 2018. [Read more]
Everyone can appreciate the environment; who can appreciate what it takes to heat a thousand homes?
On a recent trip stateside, a mindless interlude in a hotel room led to some channel flipping, and I lazily settled for a reality show called Undercover Boss or something. It turned out to be somewhat interesting, enough so to be captivating for a couple episodes anyway. Each episode has a corporate CEO going “undercover” to perform some of the crappier jobs in their own company, unbeknownst to the day’s coworkers (who oddly enough never seem to have any idea who their CEO is, which I suppose [Read more]
Oasis Petroleum Inc. Announces Cash Tender Offers for Senior Notes
HOUSTON, April 30, 2018 /PRNewswire/ -- Oasis Petroleum Inc. ("Oasis") (NYSE: OAS) announced today that it has commenced cash tender offers (the "Tender Offers") for up to an aggregate principal amount that will not result in an Aggregate Purchase Price (as defined below) that exceeds $400 million (subject to increase or decrease by Oasis, the "Aggregate Maximum Tender Amount") of Oasis's outstanding 7.25% Senior Notes due 2019 (the "2019 Notes"), of which $54,275,000 principal amount is [Read more]
Vertex Energy, Inc. to Release First Quarter 2018 Financial Results on May 15, 2018
HOUSTON, April 30, 2018 (GLOBE NEWSWIRE) -- Vertex Energy, Inc. (NASDAQ:VTNR), a specialty refiner of alternative feedstocks and marketer of high-purity petroleum products, announced today that it will release its financial results for the first quarter ended March 31, 2018 on May 14, 2018 after the close of the market. Management will host a conference call on the next day, May 15, 2018 at 9 A.M. EDT. Those who wish to participate in the conference call may telephone 1-877-869-3847 from the [Read more]
Op Ed: Balkissoon should tamp down the rhetoric on Alberta energy sector
In her recent column in the Globe and Mail, Denise Balkissoon claimed it’s complicated to be a climate hawk living in Ontario. But she feels she has Alberta all figured out. Let me update her on a few key facts. In Ontario, where coal-displacing gas-plants are cancelled for political expediency, and where CO2-free nuclear power is under threat by – wait for it – the Ontario Clean Air Alliance, I’ll admit eastern climate hawks do have their work cut out for them. But for Balkissoon to hope [Read more]
Cree want governments to pay court costs up front to move along lawsuit
EDMONTON - An Alberta First Nation that's suing the province and federal government is asking a court to force them to pay all trial expenses up front to try to stop them from ragging the puck on the lawsuit. "If the Crown has to contribute to funding the litigation, they're going to want to find the most efficient and quickest way possible," said Karey Brooks, lawyer for the Beaver Lake Cree, who live about 100 kilometres north of Edmonton near La La Biche. "Right now, the [Read more]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 47
- Next Page »