BOE Report

LGX Oil + Gas Inc. announces filing statement of claim and executive change

CALGARY, Dec. 3, 2015 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV: OIL) announces that the Company and its working interest partners have brought a claim against the Attorney General of Canada seeking compensation in the amount of $60 million for the de facto expropriation and injurious affection of their working interests in the oil and gas assets in the Manyberries oilfields that are affected by the Emergency Order, SOR/2013-202 published in Part II of the Canada Gazette on [Read more]

Canadian Oil Sands Advises Shareholders to Take No Action as Suncor Extends Expiry of Hostile Bid

CALGARY, Dec. 3, 2015 /CNW/ - Canadian Oil Sands Limited (TSX: COS)(OTCQX: COSWF) ("COS" or "Canadian Oil Sands") advises shareholders to take no action on Suncor Energy Inc.'s ("Suncor") altered hostile bid, which simply extends the expiry from December 4, 2015 to January 8, 2016.   "Extending the expiry of Suncor's bid does not change the fact that it is substantially undervalued and opportunistic," said Donald Lowry, Chairman of Canadian Oil Sands.  "Nothing else has changed so, [Read more]

VIDEO UPDATE – Amended agreement secures Bruce Power's role in Long-Term Energy Plan

Bruce Power will continue to provide low-cost electricity while being Ontario's single largest source of clean power as the province tackles climate change TIVERTON, ON, Dec. 3, 2015 /CNW/ - Bruce Power and the Independent Electricity System Operator (IESO) have entered into an amended, long-term agreement to secure 6,300 megawatts of electricity from the Bruce Power site, through a multi-year investment program. In 2005, Bruce Power entered into the Bruce Power Refurbishment [Read more]

What people are saying about Bruce Power's refurbishment announcement

TIVERTON, ON, Dec. 3, 2015 /CNW/ - Earlier today, Bruce Power announced it had reached an agreement with the province on the refurbishment of six units at the Bruce Power site in Tiverton. Here's what people are saying about the announcement: "The Municipality of Kincardine is thrilled at the news of Bruce Power's impending refurbishment project. The infrastructure upgrades in Units 3-8 from 2020-36 will provide well-paying, highly skilled jobs for residents of our community. The [Read more]

Groupe Filgo and Sonic, a division of La Coop fédérée, are joining forces

MONTREAL, Dec. 3, 2015 /CNW Telbec/ - Groupe Filgo and Sonic, a division of La Coop fédérée, are announcing that they have signed an amalgamation agreement for the purpose of merging their activities for the distribution of energy products and the operation of service stations. The transaction is subject to the usual closing conditions. The new entity will be wholly-owned by Quebec interests. An appropriate merger in a mature market contextThe energy market is a mature one subject to strong [Read more]

CNOOC Signs PSC with Husky

HONG KONG, Dec. 3, 2015 /CNW/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with Husky Oil Operations (China) Limited (Husky) for Block 15/33 in the South China Sea. Logo - http://photos.prnasia.com/prnh/20150819/8521505396LOGO Block 15/33 is located in the Pearl River Mouth Basin of the South China Sea. The block covers a total [Read more]

Statement – Minister McKenna congratulates British Columbia on its commitment to climate action

PARIS, France, Dec 2, 2015 /CNW/ - On behalf of the Government of Canada, the Honourable Catherine McKenna, Minister of Environment and Climate Change, welcomed the release of British Columbia's Climate Leadership Team report and commended the Province of British Columbia on its consistent leadership on climate change. "British Columbia has long been an advocate for climate change action in Canada, and its exceptional work on greenhouse gas emissions reductions, clean technology and [Read more]

TSB issues five recommendations following investigation into September 2013 collision between an OC Transpo bus and a VIA Rail train

OTTAWA, Dec. 2, 2015 /CNW/ - The Transportation Safety Board of Canada (TSB) investigation (R13T0192) into the September 2013 collision between an OC Transpo bus and a VIA Rail train in Ottawa, Ontario, identified numerous contributory factors including company practices, work-related driving distractions, speed, the configuration of the Transitway, and bus crashworthiness. As a result of the collision, the train derailed and the bus was extensively damaged. Six people, including the bus driver, [Read more]

TSX Delisting Review – Spyglass Resources Corp. (Symbol: SGL)

TORONTO, Dec. 2, 2015 /CNW/ - DELISTING REVIEW Spyglass Resources Corp. (the Company) – Further to TSX Bulletin 2015-1200 dated November 26, 2015, TSX has determined to delist the common shares (Symbol: SGL) of the Company at the close of business on December 31, 2015 for failure to meet the continued listing requirements of TSX. The common shares will remain suspended from trading. About TMX Group (TSX: X) TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses [Read more]

Couche-Tard acquires Topaz, Ireland's largest convenience and fuel retailer

LAVAL, QC, Dec. 2, 2015 /CNW Telbec/ - Alimentation Couche-Tard Inc. ("Couche‑Tard") (TSX: ATD.A ATD.B) announces today that it has signed, through one of its wholly‑owned indirect subsidiaries, an agreement to acquire Ireland's leading convenience and fuel retailer Topaz, through purchasing the majority share capital (more than 99.86%) of both Topaz Energy Group Limited ("TEGL") and Resource Property Investment Fund plc ("RPIF"), together with the entire share capital of Esso Ireland [Read more]