Contract worker dies at Suncor Base Plant Mine in Alberta
CALGARY — A worker has died in an incident at Suncor Energy Inc.'s Base Mine in Alberta. The Calgary-based energy company confirmed Thursday that a contractor was killed Thursday morning at the site north of Fort McMurray. The victim's name was...
Crescent Point Energy raising quarterly dividend again
CALGARY — Crescent Point Energy Corp. is raising its quarterly dividend again. The company says it will now make a base quarterly payment to shareholders of eight cents per share. The new dividend will be paid on Oct. 3 to shareholders of record...
The HSBC banker who called out ESG climate change hyperbole is now out of a job due to cancel culture
LONDON - Stuart Kirk, the London banker for HSBC Asset Management who famously called out the ESG movement in a speech in May is now out of a job. He resigned July 7. The video was posted by the Financial Times. its description says, "HSBC Asset Management's head of...
Saturn closes deal buying up Crescent Point’s assets in Saskatchewan Viking
Saturn Oil & Gas Inc. announced on July 6 they had closed their previously announced previously announced acquisition of assets in the Viking area of West-central Saskatchewan from Crescent Point Energy Corp. The deal is for cash consideration of approximately $248 million (net of adjustments). Saturn also has completed a non-brokered private placement for gross proceeds of $400,326.
EU lawmakers back gas, nuclear energy as sustainable
European Union lawmakers voted Wednesday to include natural gas and nuclear in the bloc’s list of sustainable activities, backing a proposal from the EU’s executive arm that has been drawing fierce criticism from environment groups and now looks set to trigger legal challenges.
As the EU wants to set the best global standards in the fight against climate change, the decision could tarnish the bloc’s image and question the region’s commitment to reaching climate neutrality by 2050.
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