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Energy and Resources News

Canadian Oil Sands says it has spoken with several possible suitors
Canadian Oil Sands Ltd. says it has held talks with more than 25 parties and that it needs more time to weigh possible bids as it seeks to fend off Suncor Energy Inc.’s hostile takeover.
Posted on 11-25-2015 at 8:06 PM
COS takeover battle heats up as 4 ‘highly credible’ suitors emerge
Canadian Oil Sands is raising the stakes in its campaign to rebuff Suncor’s hostile bid. COS says it's in talks with 25 potential bidders - four of whom are deep in the diligence process. The news comes as the two get set to appear before Alberta's securities regulator.
Posted on 11-25-2015 at 12:32 PM
Low oil prices, layoffs dampen Calgary's holiday spirit
The era of the big corporate holiday bash appears to be ending in Calgary. Energy companies are spending far less on their holiday parties this year -- both because of budget constraints and public perceptions, according to a party planning company in the city.
Posted on 11-25-2015 at 11:43 AM
Deere tops Street estimates, despite profit and sales drop
Deere & Co. posted higher-than-expected quarterly earnings even as weak global demand for farm equipment and soft commodity prices pressured sales.
Posted on 11-25-2015 at 7:26 AM
Oil sands growth at risk under Alberta’s new climate rules
Cash-starved oil sands producers face mounting pressure to slash carbon emissions or dial back long-term growth plans after Alberta’s NDP government unveiled new rules aimed at cleaning up the industry’s tarnished reputation.
Posted on 11-24-2015 at 7:55 AM
How environmental innovation could help cut costs in the Oil Sands
The winners of the final phase of General Electric’s Ecomagination Innovation Challenge are focused on reducing the heat and water used in new Oil Sands projects.
Posted on 11-24-2015 at 3:59 PM
TransAlta Renewables to invest $540 million in TransAlta Corp projects
Canadian renewable energy company TransAlta Renewables said on Monday it would invest $540 million in three projects in Ontario and Quebec belonging to its majority-owner TransAlta Corp.
Posted on 11-23-2015 at 7:11 PM
Alberta aims to clean up its act and its reputation with a new climate strategy
A new era of environment policy has begun in Alberta. Premier Notley took the wraps off a long-awaited plan to clamp down on emissions. Among the measures: a carbon tax that could generate $3 billion by 2018 and an emissions limit for the oil sands.
Posted on 11-23-2015 at 7:10 AM

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