Oil & Gas and Mining News
Norwegian company has plans for LNG export project in Quebec
MONTREAL — As Canada looks to fast-track major projects that could reduce its dependence on the United States, a new subsidiary of a Norwegian energy company says it wants to build a liquefied natural gas export facility in Quebec.
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Ottawa announces funding for five Alberta carbon capture projects
COCHRANE — The federal natural resources minister has announced $21.5 million in funding for five Alberta projects that aim to lower the cost of capturing and storing carbon dioxide emissions.
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'Great energy': Calgary Stampede kicks off with oilpatch optimism, patriotic pride
CALGARY — The party tents are up, straw bales are scattered around sidewalks and the most crucial 10 days of the year are in full swing for one Calgary bar and restaurant operator.
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Trican Well Service buying Iron Horse Energy Services in stock-and-cash deal
CALGARY — Trican Well Service Ltd. has signed a deal to buy Iron Horse Energy Services, a privately owned oilfield services provider. Under the deal, the company will pay $77.35 million in cash and 33.
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Tidewater selling Sylvan Lake gas processing facility to Parallax for $5.5M
CALGARY — Tidewater Midstream and Infrastructure Ltd. has signed a deal to sell its Sylvan Lake gas processing facility to Parallax Energy Operating Inc. for $5.5 million. The company says the facility is a non-core asset located in central Alberta.
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'Historic moment': First LNG Canada shipment departs B.C. for Asia
KITIMAT — A tanker carrying the first liquefied natural gas to leave Canadian shores is sailing across the Pacific, a major milestone as the country looks to diversify its export markets for oil and gas beyond the United States.
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Alberta byelection called for Aug. 18, giving Poilievre path back to House of Commons
OTTAWA — Pierre Poilievre has chosen one of the safest possible places to make his return to the House of Commons — but the rural Alberta riding he's hoping to win in an August byelection could also be dangerous territory for the Conservative leader.
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Canada's liquefied natural gas touted — and doubted — as a green 'transition' fuel
CALGARY — Canada's first liquefied natural gas cargoes will soon arrive on Asian shores, a milestone touted — and doubted — as a boon for global emissions-cutting efforts.
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Canada Day It is a start-and-stop week for Canadian business with the Canada Day holiday landing on a Tuesday this year.
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Final budget numbers land: Alberta posts $8.3-billion surplus in 2024-25 fiscal year
The final numbers are in on last year's Alberta budget, and the bottom-line figure is an $8.3-billion surplus. It's $2.
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