National Newswatch

Oilpatch welcomes federal aid for large firms despite climate change conditions

May 11 2020 — Dan Healing, The Canadian Press — CALGARY — A federal financing relief package for large Canadian companies was applauded by the oil and gas sector and the Alberta government on Monday despite conditions that could link the aid to an individual company's climate change goals. In Edmonton, Alberta Finance Minister Travis Toews welcomed the announcement, saying that the province's large companies, particularly in oil and […]

Nova Scotia LNG project decision delayed due to market conditions, COVID-19

Apr 16 2020 — Dan Healing, The Canadian Press — CALGARY — Pieridae Energy Ltd., the company planning to build a $10-billion LNG export facility in Nova Scotia, says it will delay making a final investment decision expected this fall because of depressed global LNG markets and the COVID-19 pandemic. Meanwhile, CEO Alfred Sorensen said the company is continuing to lobby the federal and provincial governments for financial […]

Quebec miners go back to work with new restrictions to limit COVID-19 spread

Apr 14 2020 — Dan Healing, The Canadian Press — TORONTO — Companies with mines in Quebec are moving to restart suspended operations after the province announced Monday it would redesignate mining, residential construction, auto mechanics and landscaping operations as essential services starting Wednesday. The industries were included in a three-week shutdown of all non-essential services in Quebec starting March 24 to try to limit the spread of the COVID-19 pandemic. The […]

TC Energy enlists Alberta to help finish US$8-billion Keystone XL project

Mar 31 2020 — Dan Healing, The Canadian Press — CALGARY — A final investment decision clearing the way for construction of the long-delayed Keystone XL Pipeline was greeted with relief on Tuesday by an Alberta oilpatch where production has grown faster than pipeline capacity. The decision by Calgary-based TC Energy Corp. to go ahead with the US$8-billion project was widely anticipated after it cleared major U.S. regulatory hurdles […]

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