Tag: Commodities

Jul 14

Ottawa expected to unveil guidelines next week aimed at curbing fossil fuel tax breaks

Breadcrumb Trail Links Oil & Gas News Energy Commodities Similar to policy that ended most of Canada’s public financing for international projects Author of the article: The Canadian Press Mia Rabson Published Jul 14, 2023  •  3 minute read Join the conversation Environment Minister Steven Guilbeault speaks at a press conference, in Ottawa, Monday, June […]
Jul 7

Ontario Power Generation and province plan 3 more small-scale nuclear reactors

Article content CLARINGTON, Ont. — Ontario Power Generation (OPG) and the province are planning three more small modular reactors (SMRs) at the site of the Darlington nuclear power plant. Article content One SMR is already being built there, with construction of the first unit set to be complete by 2028. OPG president Ken Hartwick says […]
Apr 30

Airports team up to cut carbon footprint

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Apr 11

Newmont sweetens Newcrest takeover bid to $19.5 billion

Breadcrumb Trail Links Mining Commodities Agreement between the two companies could be reached within next month Get the latest from Naimul Karim straight to your inbox Sign Up A worker at a Newmont gold mine in Peru. Photo by Dado Galdieri/Bloomberg Article content Newmont Corp., the world’s largest gold miner by output, has sweetened its […]
Apr 8

How China is winning the race for Africa’s lithium

Breadcrumb Trail Links Mining Financial Times Commodities The country already dominates processing of the metal for use in electric vehicle batteries and is now investing heavily in mines, leaving western operators scrambling to keep up Author of the article: Financial Times Harry Dempsey in London and Joseph Cotterill in Uis Published Apr 08, 2023  •  […]
Apr 7

Texas leaders threaten wind and solar boom with legislative push

Breadcrumb Trail Links Renewables Financial Times Energy Commodities Bills that hobble renewables would slow decarbonisation in power-hungry state Author of the article: Financial Times Justin Jacobs in Houston Published Apr 07, 2023  •  Last updated 1 hour ago  •  4 minute read Join the conversation Solar panels at the Impact solar facility in Deport, Texas. Photo […]
Feb 2

‘Truly stunning’: Shell hikes dividend 15% as profit doubles to record $40 billion for 2022

Breadcrumb Trail Links Oil & Gas News Energy Commodities Latest of the Big Oil companies to report bumper profits Author of the article: The Associated Press Kelvin Chan Published Feb 02, 2023  •  3 minute read Join the conversation Global energy giant Shell reported on Feb. 2 that its annual profits doubled to a record […]
Jan 16

Activist investor Elliott poised to get fourth Suncor board seat as company continues to underperform

Breadcrumb Trail Links Oil & Gas Energy Commodities Oilsands major underperformed its peers in second half of 2022, triggering a clause in last year’s peace agreement The Suncor Energy Edmonton Refinery. Photo by David Bloom/Postmedia files Article content Activist investor Elliott Investment Management LP appears poised to add a fourth member to Suncor Energy Inc.’s […]
Jan 1

BHP to start recruiting hundreds to operate world’s largest potash mine in Saskatchewan

Breadcrumb Trail Links Mining Commodities Agriculture Planning to hire 600 people in 2023, with large portion of workforce drawn from local community A construction worker “tubbing” a mine shaft at BHP Billiton Ltd.’s Jansen potash mine. Photo by BHP Billiton Article content Seasons change, and so does the weather, but one thing remains constant in […]
Dec 30

Why Whitecap Resources’ CEO is making deals and hoping Alberta’s Sovereignty Act can heal

Breadcrumb Trail Links Oil & Gas Energy Commodities ‘It’s not pitting ourselves against any other province,’ says Grant Fagerheim of controversial bill Grant Fagerheim is the chief executive of Whitecap Resources. “We love making ourselves non-competitive,” said Fagerheim of Ottawa’s oil-and-gas emissions cap policy, which is expected to be released in 2023. Photo by Todd […]