HONG KONG and CALGARY, Alberta, June 24, 2015 /CNW/ -- Reference is made to the notice of the annual general meeting of shareholders (the "Meeting") of Sunshine Oilsands Ltd. (the "Corporation" HKEX: 2012; TSX: SUO) dated May 19, 2015 (the "Notice") and the supplemental notice of annual general meeting of Shareholders of the Corporation dated June 7, 2015 (the "Supplemental Notice"). Unless the context requires otherwise, terms used herein shall have the same meanings as those defined in the [Read more]
Clean and Affordable Energy Approach to Improve Life Quality and Transportation in Ontario
New UOIT study estimates $30 billion transportation-associated costs without government action TORONTO and OSHAWA, ON, June 24, 2015 /CNW/ - New research from the University of Ontario Institute of Technology (UOIT) in Oshawa suggests Ontario can save billions of dollars in fuel costs and reduce greenhouse gas emissions by over 100 million tonnes by 2050 if it can address long overdue transportation issues and implement solutions that include increased reliance on natural gas- and [Read more]
Statoil Chooses Rolta OneView™ for Their Enterprise Operational Excellence Programme
MUMBAI, June 24, 2015 /CNW/ - Rolta today announced that Statoil, the international energy company, headquartered in Norway, and present in more than 37 countries around the world, has chosen Rolta OneView™, as a part of initiatives focused on raising efficiencies in operations and maintenance of their global operations. Rolta's engagement is to initially carry out a project to provide key insights to help identify areas that offer potential for improvement, and then configure Rolta OneView™ for [Read more]
Imperial continues existing share repurchase program
CALGARY, June 22, 2015 /CNW/ - Imperial today announced it has received final acceptance from the Toronto Stock Exchange for a new normal course issuer bid to continue its existing share repurchase program facility that will expire on June 24, 2015. In December 2002, Imperial introduced a restricted stock unit plan pursuant to which shares may be issued upon vesting. Since there could be a dilution in the percentage ownership levels of shareholders that would result from the issue of shares on [Read more]
Sunshine Oilsands Ltd. Announces Special General Meeting
CALGARY, Alberta and HONG KONG, June 21, 2015 /CNW/ -- NOTICE IS HEREBY GIVEN that a special general meeting ("SGM") of Sunshine Oilsands Ltd. (the "Corporation" HKEX: 2012; TSX: SUO) will be held at United Conference Centre, Room 2, 10/F, United Centre, 95 Queensway, Admiralty, Hong Kong on Tuesday, July 21, 2015 at 8:00 a.m. (Hong Kong time) for the purpose of considering and, if thought fit, passing the following resolution, with or without amendments, as an ordinary resolution of the [Read more]
CGX Energy Announces Spud Date Extensions
(TSX-V | OYL) TORONTO, June 19, 2015 /CNW/ - CGX Energy Inc. ("CGX Energy" or the "Company") received an extension yesterday to its work commitments on the Corentyne Block in offshore Guyana. Professor Suresh Narine, Co-Chairman of the Company, commented: "The Company deeply appreciates the co-operation of the Government of Guyana in granting the spud date extension to CGX Energy. This will allow us the time to design and plan for the spudding of the next exploration well on the Corentyne [Read more]
Government of Canada and SDTC announce new technology for Clean Transportation
DOLBEAU-MISTASSINI, QC, June 19, 2015 /CNW Telbec/ - The Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, on behalf of the Honourable Greg Rickford, Canada's Minister of Natural Resources, today announced funding of $2.2 million for a clean technology project in Dolbeau-Mistassini, Quebec. The funding will support Sysgaz Inc.'s development of a technology that can [Read more]
North American natural gas market oversupply to continue, says NEB
CALGARY, June 19, 2015 /CNW/ - Lower prices, ample supply, and increased competition in key markets will challenge the competitiveness of Canadian natural gas and gas exports, says the National Energy Board's latest natural gas deliverability market assessment, released today. The Short-term Canadian Natural Gas Deliverability, 2015–2017 Energy Market Assessment examines the factors that affect natural gas supply in Canada in the short term, and presents an outlook for Canadian natural gas [Read more]
Enerplus Announces Cash Dividend for July 2015
CALGARY, June 19, 2015 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.05 per share will be payable on July 15, 2015 to all shareholders of record at the close of business on June 30, 2015. The ex-dividend date for this payment is June 26, 2015. The CDN$0.05 per share dividend is equivalent to approximately US$0.04 per share if converted using the current Canadian/US dollar exchange rate of 0.8191. The U.S. dollar equivalent [Read more]
Cenovus updates royalty lands transaction process
CALGARY, June 19, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continues to make progress on its previously announced plan to pursue opportunities to maximize the value of its royalty interest and mineral fee title lands. The company confirms it is in discussions with a counterparty with respect to a potential sale of the assets. There is no assurance any agreement will result from the discussions. Until such time as it is appropriate to make a public announcement about a transaction, [Read more]
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