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Sask government provides incentives for CO2 pipelines; announcement comes after FCL/Whitecap MOU

As part of its push its efforts to support a carbon dioxide hub and distribution systems in Saskatchewan, particularly in the Regina and Lloydminster regions, the Government of Saskatchewan announced on Nov. 4 that pipelines transporting carbon dioxide (CO2), whether...

‘All of this is noxious and anti-energy,’ Saskatchewan energy minister responds to Trudeau capping oil and gas sector emissions

During the opening day the United Nations Climate Change Conference UK 2021 in Glasgow, Scotland, Prime Minister Justin Trudeau promised to “cap oil and gas sector emissions today, and ensure they decrease tomorrow, at a pace and scale needed to reach net zero by...

Cenovus pays debt, increasing dividends and share buybacks in Q3 earnings announcement

CALGARY – By lowering its debt, and with strong free funds coming in, Cenovus Energy Inc. is continuing the trend of large Canadian oil producers in increasing dividends and share buybacks. On Nov. 3 the company, Saskatchewan’s largest oil producer after its...

Two Steel Reef projects at North Portal qualify for processing incentive, will reduce venting and flaring of methane gas

On Nov. 2, the Government of Saskatchewan announced that two new oil and gas processing projects, undertaken by Steel Reef Infrastructure Corp., have been approved under the provincial Oil and Gas Processing Investment Incentive (OGPII). That incentive was introduced...

Justin Trudeau at G20 spoke about reducing fossil fuels and selling only zero emission vehicles

  ROME – Prior to attending the United Nations Climate Change Conference UK 2021 in Glasgow, Scotland, Prime Minister Justin Trudeau attended the G20 summit in Rome on Oct. 30-31. While there, he was asked by a reporter about the pressure to bring down the price...
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