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...
By Brian Zinchuk CALGARY, MEOTA – In recent days, Strathcona Resources Ltd. has made some blockbuster announcements. First on May 14 it announced it has sold its Montney business for $2.84 billion and bought the Hardisty Rail Terminal. The following day it...
CALGARY- During the October, 2024, provincial election campaign Saskatchewan Premier Scott Moe said he’d like to eventually see Saskatchewan reach one million barrels of oil production per day. That dramatically exceeds his own government’s stated goal of...
The Nova Scotia Assembly of Mi’kmaw Chiefs says the provincial government needs to do a better job of consultation as it pushes to develop the province’s natural resources. Chief Tamara Young, of Pictou Landing First Nation, told the...