After climate bill passage, West Virginia natural gas plant unveiled with carbon capture

After climate bill passage, West Virginia natural gas plant unveiled with carbon capture

CHARLESTON, W.Va. (AP) — A Maryland company announced Friday it will build a natural gas power plant designed to capture climate-changing carbon in northern West Virginia. Officials said it was made possible by a recently signed law embraced by Democratic Sen. Joe Manchin that gives tax breaks for alternative energy projects.

Competitive Power Ventures of Silver Spring, Maryland, will construct the 1,800-megawatt plant in Doddridge County, a top producer of natural gas in the state. More than 1,000 union jobs will be used in the construction of the combined-cycle plant, and the natural gas used by the facility will support hundreds of additional jobs, the company said.

Devine’s Upgraders, Part 4: Regina NewGrade Upgrader, now part of FCL, has processed 16 million barrels of heavy oil per year for 30 years

Devine’s Upgraders, Part 4: Regina NewGrade Upgrader, now part of FCL, has processed 16 million barrels of heavy oil per year for 30 years

Gil Le Dressay has spent 43 years with Federated Co-operatives Ltd’s Regina refinery, starting as a process utility operator and working up to vice president of refinery operations then vice president of manufacturing. He said,
“The upgrader helped pave the way for renewed growth and optimism at our facility, and within the larger CRS. This includes the addition of Section V and the growth of gasoline and diesel sales within the CRS.”  
“Because of the upgrader, approximately, 40 per cent of our feedstock comes from Saskatchewan heavy oil.”

Oil and gas stocks make up bulk of the TSX’s top performers in 2022

A newly released ranking of the Toronto Stock Exchange’s top performers shows just how dominant Canadian oil and gas stocks have been in 2022 thanks to surging global energy demand and sky-high commodity prices.

The TSX 30 is an annual list of the top-performing stocks on the TSX over a three-year period, based on dividend-adjusted share price performance

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