BOE Report

From confrontation to collaboration: reconciling relations between the energy sector and ESG investors

NEW YORK - The next five years will bring an intense period of change for industries in the energy and natural resources sector―oil and gas, utilities, chemicals, mining and agriculture―as many reinvent themselves to tackle climate change and navigate the energy and resource transitions. Some investors are betting against them, shifting money from notable incumbents to new companies with less historical baggage. Bain's first-ever Global Energy and Natural Resources Report argues it would be a [Read more]

Enbridge Inc. announces resignation of board member Gregory J. Goff

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Corporation) announces the resignation of Gregory J. Goff as a director of the Corporation, effective June 21, 2021.  Mr. Goff's decision to resign from the Board of Directors was not the result of any disagreement relating to the Corporation's operations, policies or practices.  Enbridge would like to thank Mr. Goff for his service and contribution to the Corporation. About Enbridge Inc. Enbridge Inc. is a leading North [Read more]

Unifor welcomes agreement to save Terra Nova

ST. JOHN'S, NL - The funding agreement reached between the Furey government and Suncor is a blueprint for good jobs and can revitalize the sector, says Unifor. "The investment in Terra Nova is a win for good jobs and a win for the people of Newfoundland and Labrador," said Jerry Dias, Unifor National President. "Jobs, royalties, corporate taxes, GDP boost. There were a lot of reasons to say 'yes' to renewing Terra Nova." Unifor began sounding the alarm about the investment requirements of [Read more]

Paramount Resources Ltd. acquires additional common shares of Canadian Premium Sand Inc.

CALGARY, AB - Paramount Resources Ltd. ("Paramount") has acquired 4,000,000 common shares ("Common Shares") of Canadian Premium Sand Inc. ("CPS") at a price of $0.25 per Common Share for aggregate consideration of $1,000,000. The acquisition was made as part of a private placement of an aggregate of 20,799,200 Common Shares completed by CPS on June 15, 2021 (the "Private Placement"). The Common Shares acquired by Paramount pursuant to the Private Placement represent 9.51% of the 42,043,660 [Read more]

ARC Resources Ltd. confirms quarterly dividend of $0.06 per share for July 15, 2021

CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly dividend amount of $0.06 per share for July 15, 2021 to shareholders of record on June 30, 2021. The ex-dividend date is June 29, 2021. At June 15, 2021, the trailing 12-month payments to shareholders total $0.24 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations and leading ESG characteristics. [Read more]

Ovintiv closes Eagle Ford asset sale and announces early redemption of outstanding notes

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today closed its previously announced Eagle Ford asset sale. The proceeds from this sale, combined with those recently received from the Duvernay asset sale, will be used for debt reduction. In addition, the Company today announced that it has issued a notice to the trustee of its 5.75% notes due 2022 to redeem the entire $600 million aggregate principal amount. The outstanding 2022 notes will be redeemed, pursuant to their terms and conditions, on [Read more]

Three State Chambers, US and Canadian Chambers unite: Line 5 essential To great lakes region’s energy and economic security, submit legal arguments in federal court

LANSING, Mich. - The Michigan and Ohio Chambers of Commerce, Wisconsin Manufacturers and Commerce, and both United State and Canadian Chambers of Commerce today joined forces to protect and encourage the economic future and stability of the Great Lakes region by filing a joint legal brief in U.S. federal court in the Line 5 proceeding. The business leaders' legal brief focuses on two priority issues: The implications of the governor's energy pipeline shutdown, focusing on the risks and [Read more]

Pembina Pipeline Corporation reports voting results from 2021 annual meeting of shareholders

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) reported the voting results from its annual meeting of common shareholders held virtually on May 7, 2021 (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated March 19, 2021 (the "Information Circular") and is available on the Company's website under "Investors – Shareholder Information" at www.pembina.com. A [Read more]

Enerplus announces voting results from the 2021 annual meeting of shareholders

CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Corporation") (TSX: ERF) (NYSE: ERF) is pleased to announce the voting results from its Annual Meeting held on Thursday, May 6, 2021.  Each of the matters is described in greater detail in the 2021 Notice of Annual Meeting and Information Circular and Proxy Statement dated March 16, 2021 (the "Circular"). 1. Election of Directors Shareholders elected the following nine nominees as Directors of the Corporation who will serve until the [Read more]

Ovintiv announces results of annual meeting

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that the following matters, as further described in the Company's Proxy Statement filed on March 12, 2021 (the "Proxy Statement"), were voted upon at its 2021 Annual Meeting of Shareholders held on April 28, 2021. 1.     Election of Directors Each nominee listed in the Proxy Statement was elected as a director of the Company. The results of the vote by ballot were as follows: Name of Nominee Votes For Percent Votes [Read more]