Latest Industry News
Canadian Imperial Venture Corp. To Acquire Carina Energy Inc.
2/3/2012 - ST. JOHN'S, NL, Feb. 2, 2012 /CNW/ - Canadian Imperial Venture Corp. (TSXV: CQV) ("CIVC") is pleased to announce that it has entered into an arms length letter of intent (the "LOI") with Carina Energy Inc. ("Carina"), a private mining exploration company based in Toronto, Ontario, whereby CIVC will acquire all of the issued and outstanding securities of Carina (the "Acquisition"). It is curren... [Read More]
2/3/2012 - ST. JOHN'S, NL, Feb. 2, 2012 /CNW/ - Canadian Imperial Venture Corp. (TSXV: CQV) ("CIVC") is pleased to announce that it has entered into an arms length letter of intent (the "LOI") with Carina Energy Inc. ("Carina"), a private mining exploration company based in Toronto, Ontario, whereby CIVC will acquire all of the issued and outstanding securities of Carina (the "Acquisition"). It is curren... [Read More]
Shale-gas deal sweetens Harper's Beijing trip
2/3/2012 - MONTREAL - Chinese energy policy has increased its focus on commercial ties with Canada and the acquisition of technologies for exploration and development of unconventional natural gas in general and shale gas in particular. This emerges from preparations being made in Beijing to receive Canada's Prime Minister Stephen Harper next week. He is due to arrive on Wednesday for a five-day visit t... [Read More]
2/3/2012 - MONTREAL - Chinese energy policy has increased its focus on commercial ties with Canada and the acquisition of technologies for exploration and development of unconventional natural gas in general and shale gas in particular. This emerges from preparations being made in Beijing to receive Canada's Prime Minister Stephen Harper next week. He is due to arrive on Wednesday for a five-day visit t... [Read More]
Wary OPEC Highlights Dangers of Shale Revolution
2/3/2012 - The last thing you’d expect to find in the magazine of the Organization of Petroleum Exporting Countries is an article focussing on the environmental risks of hydrocarbon drilling. Yet that’s precisely what appears in a report in the latest bi-monthly bulletin from the petroleum powerhouse. The OPEC magazine highlights the environmental risks of drilling for shale gas in the north of England.... [Read More]
2/3/2012 - The last thing you’d expect to find in the magazine of the Organization of Petroleum Exporting Countries is an article focussing on the environmental risks of hydrocarbon drilling. Yet that’s precisely what appears in a report in the latest bi-monthly bulletin from the petroleum powerhouse. The OPEC magazine highlights the environmental risks of drilling for shale gas in the north of England.... [Read More]
Least-cost option here?
2/3/2012 - The Nova Scotia government signed a memorandum of understanding on Nov. 28, 2011 on how contracts would be divvied up for the proposed multibillion-dollar Muskrat Falls hydroelectric project. The proposed $6.2-billion venture would be jointly funded by Newfoundland and Labrador’s Crown energy corporation Nalcor Energy and Nova Scotia’s private power utility Emera. When the MOU was signed, we ... [Read More]
2/3/2012 - The Nova Scotia government signed a memorandum of understanding on Nov. 28, 2011 on how contracts would be divvied up for the proposed multibillion-dollar Muskrat Falls hydroelectric project. The proposed $6.2-billion venture would be jointly funded by Newfoundland and Labrador’s Crown energy corporation Nalcor Energy and Nova Scotia’s private power utility Emera. When the MOU was signed, we ... [Read More]
Professor from Duke University shares findings on health effects of shale gas drilling
2/3/2012 - The water-diamond valuation paradox from Econ. 101 is back, only this time it’s water versus natural gas. Acclaimed expert on hydraulic fracturing, Rob Jackson, joined UT faculty and students for a discussion on “Shale Gas and Its Environmental Footprint” Thursday. Jackson is a professor of biology at Duke University, specializing in terrestrial ecosystems and biogeochemistry. Matt Murray, di... [Read More]
2/3/2012 - The water-diamond valuation paradox from Econ. 101 is back, only this time it’s water versus natural gas. Acclaimed expert on hydraulic fracturing, Rob Jackson, joined UT faculty and students for a discussion on “Shale Gas and Its Environmental Footprint” Thursday. Jackson is a professor of biology at Duke University, specializing in terrestrial ecosystems and biogeochemistry. Matt Murray, di... [Read More]
N.S. doesn't need a separate study on Muskrat Falls, premier says
2/3/2012 - The government of Nova Scotia has no plans to conduct its own cost-benefit analysis of the proposed $6.2-billion Muskrat Falls hydroelectric project in Labrador, Premier Darrell Dexter said Thursday. ``Why would we go to the expense of doing that when it's going to be done in an appropriate forum before the Utility and Review Board?'' Dexter said. ``It's their responsibility to do that and my... [Read More]
2/3/2012 - The government of Nova Scotia has no plans to conduct its own cost-benefit analysis of the proposed $6.2-billion Muskrat Falls hydroelectric project in Labrador, Premier Darrell Dexter said Thursday. ``Why would we go to the expense of doing that when it's going to be done in an appropriate forum before the Utility and Review Board?'' Dexter said. ``It's their responsibility to do that and my... [Read More]
Halifax firm invests $9 million in drilling company
2/3/2012 - Hnvestment firm Clarke Inc. is spending $9 million to help a Calgary-based drilling company get off the ground. The company, based in Halifax, announced its investment in Highkelly Drilling Ltd. on Thursday. “We’re partnering with a management team that we’ve had some success with in the past,” Matthew Towns, Clarke’s vice-president of investments, said in an interview. “We’re excited about ... [Read More]
2/3/2012 - Hnvestment firm Clarke Inc. is spending $9 million to help a Calgary-based drilling company get off the ground. The company, based in Halifax, announced its investment in Highkelly Drilling Ltd. on Thursday. “We’re partnering with a management team that we’ve had some success with in the past,” Matthew Towns, Clarke’s vice-president of investments, said in an interview. “We’re excited about ... [Read More]
Nuclear industry in limbo after disasters
2/3/2012 - Between the fallout from the Fukushima disaster and the glut of natural gas hitting markets, the future of the nuclear industry in North America is in limbo. Boosters used to talk of a resurgence in the market for nuclear energy as concerns about reliance on fossil fuels and the harmful effects of greenhouse gases mounted, but recent events have put a decided damper on that enthusiasm. "Just ... [Read More]
2/3/2012 - Between the fallout from the Fukushima disaster and the glut of natural gas hitting markets, the future of the nuclear industry in North America is in limbo. Boosters used to talk of a resurgence in the market for nuclear energy as concerns about reliance on fossil fuels and the harmful effects of greenhouse gases mounted, but recent events have put a decided damper on that enthusiasm. "Just ... [Read More]
Nova Scotia won't study Muskrat Falls
2/2/2012 - HALIFAX - The government of Nova Scotia has no plans to conduct its own cost-benefit analysis of the proposed $6.2-billion Muskrat Falls hydroelectric project in Labrador, Premier Darrell Dexter said Thursday. "Why would we go to the expense of doing that when it's going to be done in an appropriate forum before the Utility and Review Board?" Dexter said. "It's their responsibility to do that... [Read More]
2/2/2012 - HALIFAX - The government of Nova Scotia has no plans to conduct its own cost-benefit analysis of the proposed $6.2-billion Muskrat Falls hydroelectric project in Labrador, Premier Darrell Dexter said Thursday. "Why would we go to the expense of doing that when it's going to be done in an appropriate forum before the Utility and Review Board?" Dexter said. "It's their responsibility to do that... [Read More]
NB Power turnaround just lucky, review shows
2/2/2012 - A review of NB Power's financial statements shows random good fortune — not better management — is behind most of the utility's recent financial turnaround. Premier David Alward and Finance Minister Blaine Higgs have both been touting their government's role in fixing the utility in recent speeches and public presentations, although NB Power's bottom line appears to tell a different story. ... [Read More]
2/2/2012 - A review of NB Power's financial statements shows random good fortune — not better management — is behind most of the utility's recent financial turnaround. Premier David Alward and Finance Minister Blaine Higgs have both been touting their government's role in fixing the utility in recent speeches and public presentations, although NB Power's bottom line appears to tell a different story. ... [Read More]
