EnergyNow News and Press Releases

November 17, 2017

MONTREAL — A Quebec biofuels company has signed its first deal to power an airline’s jets with energy grown from Canadian oilseeds. Agrisoma Biosciences Inc. of Gatineau will supply biofuel to Australia’s Qantas Airways made from Carinata seed, a non-… Read More ➝

November 16, 2017

CALGARY — TransCanada Corp. said its original Keystone pipeline has leaked an estimated 795,000 litres of oil in Marshall County, S.D. just days before Nebraska is set to decide the fate of plans to expand the pipeline network. The company (TSX:TRP) s… Read More ➝

November 16, 2017

CALGARY — Negative market reaction to a slight rise in its 2018 spending plan by natural gas producer Seven Generations Energy Ltd. (TSX:VII) shows how little patience investors have for anything but conservative management in the oilpatch, analysts s… Read More ➝

November 15, 2017

CALGARY — Suncor Energy Inc. (TSX:SU) says it will spend between $4.5 billion and $5 billion in 2018 to deliver average upstream production of about 760,000 barrels of oil equivalent per day. The midpoint in spending guidance represents a decline of a… Read More ➝

November 15, 2017

FORT MCMURRAY, Alta. — A judge says air ambulance service in the oilsands region in northeast Alberta is hobbled because helicopters can’t land directly at the Fort McMurray hospital. A fatality inquiry report into the 2007 death of an oilsands worker… Read More ➝

November 15, 2017

EDMONTON — Starting Thursday, customers at Husky gas stations in Ontario will be required to pay before fuelling up, either in the store or at the pump. Husky Energy says it believes requiring customers to pre-pay will minimize risks to gas station st… Read More ➝

November 15, 2017

CALGARY — Obsidian Energy Ltd. says it has reached a US$8.5-million settlement with the U.S. Securities and Exchange Commission over fraud-related charges filed earlier this year. The SEC had alleged the company and three executives participated in a … Read More ➝

November 15, 2017

CALGARY — The new CEO of Cenovus Energy Inc. (TSX:CVE) says he will focus on paying down debt through asset sales as he works to regain the trust of investors. Alex Pourbaix, 52, says he wants to ensure the Calgary-based company produces oil and gas t… Read More ➝

November 14, 2017

Canada’s drive to shut down all of its coal-fired power plants by 2030 could be undermined by provincial side-deals like the one currently being negotiated with Nova Scotia, critics say. “A 2030 date, overall for Canada, is achievable and ambitious — … Read More ➝

November 14, 2017

ST. JOHN’S, N.L. — Newfoundland and Labrador will target big spending in health, education and by the Crown corporation overseeing the bloated Muskrat Falls project as its deficit mounts. The province is now expecting a deficit of $852 million this fi… Read More ➝