TC Energy Corp. completes public offering of common shares
TC Energy Corp. says it has closed a $1.8-billion bought deal offering of common shares.
The Calgary-based company says it will use the proceeds to fund costs associated with the construction of the Southeast Gateway Pipeline, a US$4.5-billion offshore natural gas pipeline in the southeast region of Mexico.
On a day when SaskPower signs 650 MW interconnect with US, Alberta’s wind failure shows necessity of such interconnects
On a day when SaskPower announced a major interconnect agreement with the American Southwest Power Pool, its necessity was vividly demonstrated by Alberta’s power grid. It turns out that adding more wind power generation does not necessarily mean you’re actually going...
SaskPower signs 20 year agreement with the States to buy or sell up to 650 megawatts
One of the largest questions facing Saskatchewan’s economy is where will we be getting our electrical power in the next 10 years? SaskPower is looking down the barrel of the federally-mandated retirement of conventional coal-fired power by the end of 2029, and it’s going to take until at least 2032 to have any sort of nuclear power in place. Even then, that would only be one or two reactors, not nearly enough to replace our coal fleet, let alone meet the increased demand from electric vehicles.
Raging fire consumes 4th tank at Cuba oil storage facility
Flames engulfed a fourth tank at an oil storage facility in western Cuba on Tuesday as the raging fire consumes critical fuel supplies on an island grappling with a growing energy crisis.
Firefighters and specialists from Mexico and Venezuela helped fight the blaze in the province of Matanzas with boats, planes and helicopters as they sprayed foam on the containers, a first for crews since broiling temperatures had prevented them from doing so earlier.
Russia curtails oil shipments to central Europe
Several countries in Europe dependent on Russian energy suffered another blow with confirmation Tuesday that oil shipments have stopped through a critical pipeline. Russian state pipeline operator Transneft said it halted shipments through the southern branch of the...
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