SASKATOON – Helium explorer Royal Helium is getting the money in place to transform from an explorer to a producer. On Nov. 22, Saskatoon-based Royal Helium Ltd. announced it had executed a term sheet with an arm’s length lender to provide a USD $20 million...
By Mickey Djuric in Regina All large greenhouse gas emitters in Saskatchewan will soon be regulated by the provincial government after Ottawa ruled the plan meets national standards. Saskatchewan and Ottawa jointly announced Tuesday that the federal output-based...
By Amanda Stephenson in Calgary Crude oil prices slumped to a 10-month low Monday morning before rebounding at midday, adding to the volatility that has dogged the Canadian energy sector recently. The benchmark West Texas Intermediate plunged by as much as US$5 in the...
TORONTO – On Nov. 18, Shawcor Ltd.  announced that it has sold its oilfield asset management (OAM) operating unit to Force Inspection Services Inc., in a transaction generating at least C$15 million in gross proceeds. Shawcor will retain OAM related Western...
By Seth Borenstein, Samy Magdy And Frank Jordans in Sharm El-sheikh SHARM EL-SHEIKH, Egypt (AP) — Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich...
By Seth Borenstein, Samy Magdy And Frank Jordans in Sharm El-sheikh SHARM EL-SHEIKH, Egypt (AP) — A last minute fight over emissions cutting and the overall climate change goal is delaying a potentially historic deal that would create a fund for compensating...
