EnergyNow News and Press Releases

January 4, 2018

CALGARY — Suncor Energy Inc. and Teck Resources Ltd. are getting a bargain price for bigger stakes in the Fort Hills oilsands mine they are buying from partner Total S.A., analysts say. The two Canadian companies announced Wednesday they will pay an a… Read More ➝

January 2, 2018

MONTREAL — Canadian initial public offerings rebounded last year from their worst performance in nearly two decades in 2016 as $5.1 billion in proceeds were generated with the prospect for a strong 2018, says Pricewaterhouse Coopers. There were 38 iss… Read More ➝

December 19, 2017

CALGARY — Nebraska regulators have declined requests to amend its approval allowing TransCanada Corp.’s Keystone XL pipeline to run through the state. The Nebraska Public Service Commission says in an order that in a unanimous vote it denied all motio… Read More ➝

December 19, 2017

CALGARY — The Transportation Safety Board of Canada says a lack of detailed inspection procedures contributed to a 10,000-litre crude oil leak east of Edmonton last March. The board says the leak from a storage tank at the Enbridge terminal in Sherwoo… Read More ➝

December 19, 2017

CALGARY — Driving by empty workforce accommodation camps along northern Alberta highways near Fort McMurray, the oilsands boom that became a bust still hits home three years after the slide began. The empty parking lots surround plain, functional-look… Read More ➝

December 18, 2017

CALGARY — Inter Pipeline Ltd. (TSX:IPL) says it has decided to go ahead with a $3.5-billion petrochemical project in an industrial area north of Edmonton. The complex will convert propane into polypropylene, a plastic used in the manufacturing of prod… Read More ➝

December 15, 2017

EDMONTON — Alberta has begun monitoring oilsands emissions from the sky. The province’s environmental monitoring agency is using airborne sensing equipment to measure the release of greenhouse gases and other chemicals from oilsands mines north of For… Read More ➝

December 15, 2017

CALGARY — Canadian oilsands producers face rising price discounts as growing production “materially exceeds” export pipeline capacity to the United States in the first quarter of 2018, RBC Dominion Securities says in a new research report. The report … Read More ➝

December 15, 2017

FREDERICTON — New Brunswick is adopting federal targets for large industrial emitters that could make them pay to offset their pollution. The province introduced legislation Thursday that it says would also redirect taxes on gasoline and diesel to pro… Read More ➝

December 14, 2017

FREDERICTON — An environmental group in New Brunswick says the province’s plan to combat climate change offers no incentive for motorists to reduce the amount of fuel they burn. “I understand what the government is trying to do by saying we’re going t… Read More ➝