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Energy and Resources News

Monsanto rejects US$62B Bayer offer, but says it's open to a deal
Monsanto Co, the world's largest seed company, will reject Bayer AG's US$62 billion acquisition bid and seek a higher price, two people familiar with the matter said on Tuesday.
Posted on 5-24-2016 at 1:41 PM
AltaGas says Astomos Energy to buy at least half propane exports from B.C. terminal
Calgary-based company AltaGas has lined up a buyer for half of the propane it hopes to export from a deep-water terminal northwest of Vancouver.
Posted on 5-24-2016 at 10:08 AM
Fort McMurray wildfire evacuation orders lifted for Canadian work camps
Authorities in Canada lifted evacuation orders on Monday for all work camps and some additional oil facilities that had been shuttered when a massive wildfire threatened the nation's energy hub, a significant step for companies eager to restart production.
Posted on 5-24-2016 at 8:49 AM
Connacher Oil gets court OK to put oil sands leases, plants up for sale
Connacher Oil and Gas Ltd. and its court-appointed monitor are seeking offers for its oil sands leases and extraction plants.
Posted on 5-20-2016 at 12:43 PM
Imperial Oil restarts limited operations at Kearl oil sands site
Imperial Oil Ltd. says it has restarted limited operations at its Kearl oil sands site located 70 kilometres north of Fort McMurray.
Posted on 5-20-2016 at 11:45 AM
Why the Trans Mountain approval process could drag on
The National Energy Board has recommended that the federal government approve the $6.8-billion Trans Mountain pipeline expansion, with 157 conditions. Now in Ottawa's hands, here's three reasons the approval process could take longer than expected.
Posted on 5-19-2016 at 4:20 PM
Bayer makes unsolicited takeover bid for U.S. seeds company Monsanto
German drugs and chemicals group Bayer has made an unsolicited takeover proposal to U.S. seeds company Monsanto, aiming to create the world's biggest agricultural supplier and take advantage of converging pesticides and seeds markets.
Posted on 5-19-2016 at 10:08 AM
Fort McMurray food bank braces for spike in new clients
Already stretched-thin by the collapse in crude oil prices, Fort McMurray’s food bank is now bracing for a spike in new clients struggling to rebuilt their lives following the devastating Alberta wildfires.
Posted on 5-18-2016 at 2:44 PM

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