Pipeline Online Podcast: Ep. 9 E. Craig Lothian, CEO of Lex Capital
E. Craig Lothian has founded 11 oil companies in Saskatchewan over the years under the Keystone and Villanova names. He is the CEO of Lex Capital Corp. The federal election, Trump’s trade war, Alberta’s demands, growing Saskatchewan oil production and more are discussed.
Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s multi-trillion-dollar development plans.
Ontario greenlights four SMRs identical to the model SaskPower has chosen. The cost is $20.9 billion
A major nuclear power announcement was made in Ontario on May 8 that will have a direct impact on Saskatchewan’s plans for nuclear power generation development, especially when it comes to how much it would cost.
Ontario Leads the G7 by Building First Small Modular Reactor
On May 8, Ontario and Ontario Power Generation (OPG) announced the green-lighting of four small modular reactors at the Darlington New Nuclear site. Here is the Ontario press release, verbatim. Note, there are an awful lot of quotes included in the press release. To see how this impacts Saskatchewan, which could be a great deal, click here.
Parkland agrees to be bought by U.S. heavyweight Sunoco in US$9.1B deal
A judge has declined to hear a challenge to Parkland Corp.’s last-minute decision to delay its shareholder meeting by more than a month so investors can vote on a US$9.1-billion takeover by Sunoco LP at the same time they elect a board of directors.
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