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Tag: canadian
Judge OKs Lac-Megantic lawsuit against World Fuel Services and Canadian Pacific
2015-05-09 02:23:46| Railroads - Topix.net
A Quebec Superior Court justice has authorized a class-action lawsuit almost two years after a train derailment and explosion killed 47 people in Lac-Megantic, Que. But in his 30-page ruling, Justice Martin Bureau has given the plaintiffs permission to go after only two companies - World Fuel Services and Canadian Pacific Railway Ltd. The lawsuit alleges that CPR was negligent and there was a lack of prudence in all circumstances leading up to the tragedy.
Tags: services
world
pacific
canadian
Canadian Natural Resources to cut capital spending again after quarterly loss
2015-05-07 14:09:07| Oil & Gas - Topix.net
Canadian Natural Resources Ltd. says it recorded a net loss of $252 million in the first quarter of the year, or 23 cents per share, as the recent plunge in crude oil prices continues to impact its bottom line. The company says it has increased production and cut costs in response to the lower prices and will trim this year's capital spending by another $300 million across all segments, to approximately $5.7 billion.
Tags: resources
natural
capital
loss
Canadian Natural Resources to cut capital spending again after quarterly loss
2015-05-07 14:06:34| Energy - Topix.net
Canadian Natural Resources Ltd. says it recorded a net loss of $252 million in the first quarter of the year, or 23 cents per share, as the recent plunge in crude oil prices continues to impact its bottom line. The company says it has increased production and cut costs in response to the lower prices and will trim this year's capital spending by another $300 million across all segments, to approximately $5.7 billion.
Tags: resources
natural
capital
loss
Alberta's Possible Pivot to the Left Alarms Canadian Oil Sector
2015-05-05 15:07:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Canada's oil-rich province of Alberta is on the cusp of electing a left-wing government that can make life harder for the energy industry with its plans to raise taxes, end support for key pipeline projects and seek a bigger cut of oil revenues. Polls suggest Tuesday's election is set to end the Conservative's 44-year reign in the province that boasts the world's third-largest proven oil reserves and now faces recession because of the slide in crude prices. Surveys have proven wrong in Canadian...
Tags: left
oil
sector
canadian
Best April on record for Canadian auto sales: DesRosiers
2015-05-04 19:51:42| Canadian Plastics Headlines
GM out in front, with its sales growing 14.5 per cent over April 2014. The post Best April on record for Canadian auto sales: DesRosiers appeared first on Canadian Plastics.
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