S Business
AltaGas formally commits to building B.C.’s first propane export terminal – CP
Source: The Canadian Press Jan 3, 2017 By Ian Bickis THE CANADIAN PRESS CALGARY _ AltaGas Ltd. says it has committed to building what it expects to be the first propane export terminal on Canada’s west coast after receiving approval from federal regulators. The Calgary-based company (TSX:ALA) said Tuesday it plans to soon start construction on the […]
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Read MoreAltaGas Announces Positive FID on Canada’s First West Coast Propane Export Terminal
VANCOUVER, Jan. 4, 2017 – Alterra Power Corp. (TSX: AXY) and Inovateus Solar LLC are pleased to announce that their 7 MWDC Kokomo solar project commenced full commercial operations on December 29, 2016. Following the start of commercial operations, on December 30, 2016, a previously announced $8.9 million construction loan was repaid via a $5.0 […]
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Read MoreThe whole world understands strategic energy supples and acts accordingly – except for Canada – BOE Report
January 3, 2017 Have you ever had, say, $100,000 land in your lap? In the oil patch it’s not unheard of, or for lottery winners, and it’s a weird experience. There is an initial feeling of new found wealth (if you weren’t rich beforehand), followed by a desire to reward ones self with perhaps a […]
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Read MoreSavanna Board Unanimously Recommends Rejection of Total Offer. Total Offer Significantly Undervalues Savanna
Calgary, Alberta December 23, 2016 TSX – SVY The Board of Directors of Savanna Energy Services Corp. (“Savanna” or the “Company”), on the recommendation of the Special Committee, has unanimously determined that the offer from Total Energy Services Inc. (“Total”) to purchase all of the common shares of Savanna on the basis of 0.13 common […]
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Read MoreAlberta minister says province ‘still standing’ on Day 2 of carbon tax – CP
Source: The Canadian Press Jan 2, 2017 EDMONTON _ Alberta Environment Minister Shannon Phillips says the province is “still standing” a day after its carbon tax took effect, and Albertans who opposed the levy could start seeing rebate cheques within days. But Opposition Wildrose critic Don MacIntyre says the majority of Albertans continue to oppose the tax, […]
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Read MoreCarbon levy supports diverse, green economy and jobs
Alberta’s carbon levy comes into effect Jan. 1 as part of government’s plan to transition the province to a greener, more diversified economy. Revenue from the levy will be reinvested back into Alberta to reduce emissions and support economic diversification. These dollars will also fund investment in green infrastructure, energy efficiency, renewable energy, bioenergy and […]
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Read MorePipelines selected as Canadian Press business news story of the year – CP
Source: The Canadian Press Dec 28, 2016 By Ian Bickis THE CANADIAN PRESS CALGARY _ The increasingly divisive debate over pipelines, with the economic benefits and environmental concerns they carry, has been selected as The Canadian Press business story of the year. In an annual survey of newsrooms across the country, pipeline development edged out another politically […]
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Read MoreAthabasca Minerals Closes Purchase of Gravel Properties
December 22, 2016 EDMONTON, ALBERTA. Athabasca Minerals Inc. (“Athabasca” or the “Corporation”) (TSX Venture: ABM) is pleased to announce the purchase of two (2) gravel pits located in the Wood Buffalo region of Alberta. The gravel pits include KM248 and Cowpar gravel properties and were acquired for a purchase price of Cdn $600,000. Athabasca has […]
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Read MoreNew Millennium Iron Corp. Announces Executive Changes
CALGARY, Alberta, Canada (December 22, 2016) – New Millennium Iron Corp. (“NML” or the “Company”) (TSX: NML) today announced that Robert Patzelt, President and Chief Executive Officer since January 2014, will leave the Company as both an officer and director at the end of 2016. Howard Lutley, Chairman of NML’s Board of Directors, said, “We […]
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Read MoreTransAlta Signs New Agreement for Mississauga Cogeneration Facility
CALGARY, Alberta (December 22, 2016) – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) announced today that it has signed a Non-Utility Generator (NUG) Enhanced Dispatch Contract (the “New Contract”) with the Ontario Independent Electricity System Operator (the “IESO”) for its Mississauga Cogeneration Facility (the “Facility”). The New Contract will come into effect on […]
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