EnergyNow News and Press Releases

December 14, 2017

CALGARY — The new chief executive of Cenovus Energy Inc. unveiled plans for a leaner oilsands company Thursday, announcing hundreds of job cuts, lower-than-expected 2018 capital spending and the departure of three key executives. Alex Pourbaix, who re… Read More ➝

December 13, 2017

CALGARY — Bids in an auction to pick renewable energy projects were so attractive that the Alberta government decided to back proposals to build 600 megawatts of new generation, 50 per cent higher than its goal of 400 MW. The government said Wednesday… Read More ➝

December 13, 2017

MONTREAL — Canadians will purchase a record number of electric vehicles this year as the growing sales of cars with longer ranges is prompting a push to increase the number of fast chargers, the head of the country’s largest charging network says. Add… Read More ➝

December 12, 2017

CALGARY — Enbridge defended its plan to sell its onshore renewable assets Tuesday on a day that saw major climate change commitments emerge from a conference in Paris. Speaking at an investor conference in New York, company CEO Al Monaco said the sell… Read More ➝

December 12, 2017

CALGARY — Canadian Natural Resources Ltd. is promoting a 27-year veteran of the company to president as part of a management succession plan. Canada’s largest producer of natural gas and one of its biggest oilsands companies says president Steve Laut … Read More ➝

December 11, 2017

FREDERICTON — The New Brunswick government will not impose a new direct tax on consumers when it introduces legislation for carbon pricing on Thursday, according to a government source. The source tells The Canadian Press that the legislation will inc… Read More ➝

December 11, 2017

TORONTO — The Progressive Conservatives have asked the Ontario Provincial Police to investigate millions in ineligible expenses — including scuba gear and raccoon traps — filed by nine power generators in the province. Auditor general Bonnie Lysyk rep… Read More ➝

December 11, 2017

GUELPH, Ont. — Shares in Canadian Solar Inc. rose Monday after the company revealed it has received a non-binding takeover offer from its chairman, Shawn (Xiaohua) Qu, who is also CEO and president. Qu is tentatively offering US$18.47 in cash for each… Read More ➝

December 8, 2017

MONTREAL — A far-left activist group has claimed responsibility for vandalizing the home and property of the president and CEO of Junex Inc., an oil and gas company conducting exploratory drilling in Quebec’s Gaspesie region. Media reports revealed th… Read More ➝

December 8, 2017

CALGARY — A long-running dispute over a well completion technology that helped usher in the shale oil and gas boom in North America has resulted in a Canadian court decision declaring invalid a patent held by Packers Plus Energy Services Inc. In the d… Read More ➝