Wednesday morning Alberta declared fourth “grid alert” for its electrical system this month
For the second time in 16 hours, the Alberta Electric System Operator (AESO) declared a "grid alert," as that province's grid came under threat of being overloaded. It was the fourth grid alert issued in the month of December, so far. In a tweet put out Wednesday...
Alberta sees third electrical ‘grid alert’ this month, as frigid temps, cratering wind and solar, and high demand combine
In what is becoming a regular occurrence, a lack of wind power generation has put Alberta into an electrical “grid alert,” for the third time in December.
Lithium in SK, Part 10: A helium explorer who found lithium responds
SASKATOON – In the pursuit of other products, lithium is popping up. Indeed, much of the lithium exploration today is based on wells that were drilled for oil. But lithium has shown up elsewhere. As identified in the previous two stories in this series, that can...
Lithium in SK, Part 9: And the acquisitions begin, with Prairie Lithium to be acquired by Arizona Lithium
EMERALD PARK – As the race for lithium development heats up in Saskatchewan, it’s just seen its first major acquisition.
Emerald Park-based Prairie Lithium announced at suppertime on Tuesday, Dec. 20, that it had been acquired by Arizona Lithium Limited (AZL) in a CAD $70.6 million deal, consisting of CAD $40.0 million in cash and 500 million common shares of AZL at a deemed price of CAD $0.0612 per share based on the 10-day VWAP of AZL’s shares.
Imperial Oil plans $1.7 billion in capital spending in 2023
CALGARY — Imperial Oil Ltd. is planning $1.7 billion in capital spending for next year.
The company says the plan includes a ramp-up for its Strathcona renewable diesel project, application of solvent technologies at Cold Lake and ongoing investment on an in-pit tailings project at its Kearl oilsands facility.
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