TORONTO — Canada Pension Plan Investment Board says it and Encino Energy are selling their holdings in an Ohio oil and gas producer for US$5.6 billion including debt. CPP Investments says EOG Resources is the buyer of Encino Acquisition Partners, which CPP Investments...
CALGARY — The CEO of Crown-owned pipeline operator Trans Mountain Corp. says it could take on other market-expanding pipeline projects if necessary, but that it would be preferable for the private sector to take the lead. Trade tumult in recent months with the United...
Strathcona Resources Ltd. has formally launched its takeover bid for fellow oilsands producer MEG Energy. Its offer, open until Sept. 15, comprises 0.62 of a common share of Strathcona and $4.10 in cash for each MEG share it doesn’t already own. MEG said Friday...
REGINA, WARMLEY – A combination of factors led SaskPower to ask some of its large customers to reduce their power consumption on Wednesday, May 28. And the same day saw wind output fall in Alberta to 0.2 per cent capacity. SaskPower’s woes came on a day where...
HALIFAX — Nova Scotia’s deputy minister of natural resources says private landowners whose property has been identified for potential uranium exploration can say no. Karen Gatien told reporters Tuesday that letters are being sent to property owners in three selected...