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Energy & Resources News

Pacific Rubiales bidders call $2-billion offer ‘final’
The two companies behind a takeover bid for Pacific Rubiales Energy Corp. have said their existing $2-billion offer is “final.”
Posted on 6-26-2015 at 7:02 AM
Alberta NDP's plan to increase carbon fees another strain on oil industry
Alberta’s plan to increase carbon fees and toughen its climate strategy adds costs and more uncertainty to an industry already struggling to cope with the sharp plunge in oil prices.
Posted on 6-26-2015 at 7:42 AM
K+S shares surge after Potash Corp takeover approach
K+S said it was assessing its options after announcing the approach late Thursday.
Posted on 6-26-2015 at 7:02 AM
Potashcorp may make unsolicited takeover proposal for K+S: report
German potash supplier K+S AG is likely to reject a takeover offer from Canadian fertilizer producer Potash Corp. of Saskatchewan Inc. because it deems the bid as too low, according to people familiar with the matter.
Posted on 6-25-2015 at 3:06 PM
Alberta to double carbon tax by 2017
Alberta’s New Democrats will start increasing the province’s carbon levy on large emitters on January 1, increasing the charge from its current $15 per tonne to $30 by 2017.
Posted on 6-25-2015 at 12:26 PM
Vale looks to sell up to 30% of metals unit in possible IPO
Vale SA, the world’s largest nickel producer, is considering selling about 25 percent to 30 percent of its base metals business in an initial public offering.
Posted on 6-24-2015 at 5:41 PM
Crescent Point Energy cuts up to 50 jobs
Crescent Point Energy has confirmed to BNN it plans to eliminate dozens of positions once its deal to acquire Legacy Oil + Gas closes next week .
Posted on 6-24-2015 at 1:58 PM
Detour Gold suffers computer hack
The company’s server was hacked, potentially exposing reams of sensitive information such as credit card numbers and employees’ medical records.
Posted on 6-24-2015 at 6:45 AM

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