EnergyNow News and Press Releases

November 24, 2017

TORONTO — An Ontario New Democrat is proposing a private member’s bill that would regulate gas prices, though the Liberal government doesn’t seem keen to do so. Gilles Bisson will introduce a bill next week that would allow the Ontario Energy Board to… Read More ➝

November 24, 2017

OTTAWA — Statistics Canada says strong performance in the financial sector drove Canadian corporate operating profits to just over $100 billion in the third quarter, up 17.2 per cent from the same period last year. The federal agency says profits were… Read More ➝

November 24, 2017

CALGARY — One of the few female CEOs in the Canadian oilpatch says she is looking forward to creating a “clean hydrocarbons” company after she parted ways with the American financial backers of her oil and gas producing firm. Suzanne West said Friday … Read More ➝

November 23, 2017

OTTAWA — Canada’s oilpatch could get a big head start on reducing emissions of a powerful greenhouse gas for a “near-zero” cost, says an academic study on the price of methane reduction. “Industry, as a whole, doesn’t suffer,” said David Tyner, a Carl&… Read More ➝

November 23, 2017

CALGARY — South African energy company Sasol Ltd. is looking to sell its Canadian shale gas assets. The company says it has identified the assets as being non-core and it will start a structured sale process involving Progress Energy, its partner in t… Read More ➝

November 22, 2017

CALGARY — The Alberta Energy Regulator says a pipeline owned by Calgary-based Mount Bastion Oil & Gas Corp. has leaked about 560 barrels of an oil and water mixture at a northern Alberta wellsite. AER spokesman Jordan Fitzgerald says the regulator has… Read More ➝

November 22, 2017

SURREY, B.C. — FortisBC says it has shipped 950 gigajoules of liquefied natural gas from Vancouver to China, marking the industry’s first shipment to the Asian country. The move is part of a pilot project aimed to determine long-term feasibility of B…. Read More ➝

November 22, 2017

OTTAWA — Alberta Premier Rachel Notley is warning all political parties to take off their partisan blinders or both the environment and Canada’s energy industry will fail. Notley was in Ottawa this week as part of a campaign to build support for pipel… Read More ➝

November 21, 2017

CALGARY — Activist investor FrontFour Capital says it will attempt to influence decisions at Calgary-based Obsidian Energy Ltd. (TSX:OBE) after accumulating more than 27 million shares. The Greenwich, Conn.-based hedge fund says in a declaration filed… Read More ➝

November 21, 2017

CALGARY — The association that represents Canadian oil and gas drilling companies says it expects “muted stability” for the industry in 2018 despite recent strengthening in oil prices. The Canadian Association of Oilwell Drilling Contractors is callin… Read More ➝