An attempt by dissident shareholders to elect their own slate of directors to Eagle Energy Inc. was narrowly defeated at the company’s annual meeting on Tuesday, but there’s no guarantee the matter is settled.
While it is rare in any business to be on top every year, let alone every single quarter in a 25-year period, that is nonetheless the milestone Scott Land & Lease Ltd. is celebrating as the company reaches 100 consecutive quarters as top Crown land broker.
While Marquee Energy Ltd.’s full-year capital expenditures budget is $21.7 million aimed at drilling nine new wells during the year, management forged that spending plan on a higher commodity-price assumption, which means the company may need to reconsider its plan throughout the year, says top brass.
Canadian Energy Pipeline Association (CEPA) members maintained a 99.999 per cent safety record, with an ongoing commitment to reach zero incidents, the industry group said in its 2017 Transmission Pipeline Industry Performance Report released this morning.
The price tag for the Sturgeon refinery, an 78,000 bbl per day project being built northeast of Edmonton, has ballooned to $9.3 billion, up from $8.5 billion, according to a report by Calgary-based AltaCorp Capital.
Obsidian Energy Ltd., the former Penn West Petroleum Ltd., and three of its former employees were named in a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) on June 28, 2017 in the U.S. District Court for the Southern District of New York.
Royal Dutch Shell plc, through its subsidiary Shell International Exploration and Production B.V., and SBI BioEnergy Inc. have reached an agreement granting Shell exclusive development and licensing rights for SBI's biofuel technology.
In an update on the Minimum Contracted Quantities Dispute, Niko Resources Ltd. said that, in accordance with previous contracts for natural gas sales from the Hazira field in India, the company had committed to deliver certain minimum quantities.
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