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Energy & Resources News

Pacific NorthWest president resigns after leading early-stage LNG project

Greg Kist has resigned as president of Pacific NorthWest LNG, a change at the top during a crucial time for the liquefied natural gas project led by Malaysia’s state-owned Petronas.

Posted on 10-24-2014 at 2:16 PM

Feds introduce legislation on payments from resource firms to governments

The federal government has introduced legislation requiring energy and mining companies to report all revenue paid to foreign and domestic governments, but is delaying its impact on...

Posted on 10-24-2014 at 2:09 PM
Agrium rises after activist ValueAct Capital amasses 5.7% stake

Agrium rises after activist ValueAct Capital amasses 5.7% stake

Agrium Inc., the farm retailer that last year fended off an activist shareholder, rose the most in more than five years after it said hedge fund ValueAct Capital Management LLC amassed a...

Posted on 10-24-2014 at 2:54 PM

Energy Watch: Penn West CEO keeps his promise with asset sales

He never said it out loud, but the CEO of Penn West Petroleum had made an implicit promise to the market that he would complete at least three major asset sales by the end 2014.

Posted on 10-23-2014 at 12:29 PM

Potash Corp. profit slips on lower earnings from overseas investments

Potash Corp of Saskatchewan Inc’s net income fell 11 percent, hurt by lower contributions from overseas investments and higher income tax.

Posted on 10-23-2014 at 6:55 AM

Cenovus Energy profit falls 4% on refinery outage

Cenovus Energy Inc, Canada’s No.2 independent oil producer, said its quarterly profit fell 4 per cent, hurt by an unplanned outage at a refinery.

Posted on 10-23-2014 at 6:43 AM

Hopes for Ontario’s Ring of Fire doused as mining companies grow wary

Ontario’s “Ring of Fire” mineral belt was supposed to be a $60-billion natural resources treasure trove that would bring employment and economic prosperity to a remote part of the...

Posted on 10-22-2014 at 7:46 AM

Shell welcomes British Columbia's decision to slash LNG tax by half

Royal Dutch Shell Plc is among liquefied natural gas developers applauding British Columbia’s plan to halve a proposed tax on multibillion-dollar projects along Canada’s Pacific Coast as...

Posted on 10-22-2014 at 7:35 AM

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