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Tag: alberta
CNRL chair Edwards says Alberta royalty system should be simplified
2015-11-27 23:01:23| Oil & Gas - Topix.net
The chairman of one of Canada's biggest oil and gas companies says there's room for improvement in Alberta's royalty system. Murray Edwards of Canadian Natural Resources Ltd. says there's not much room to change the amount the province charges for the right to exploit oil and natural gas on Crown land.
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chair
alberta
edwards
Suncor and COS clash at Alberta Securities Commission for second day
2015-11-27 22:01:29| Oil & Gas - Topix.net
A lawyer for Suncor Energy says the Alberta Securities Commission should overturn an extended deadline for shareholders of Canadian Oil Sands to decide whether to accept its proposed takeover bid. In closing arguments on the second day of hearings, David Tupper told the regulator it should reject the COS plan to give its shareholders 120 days to consider Suncor's $4.5-billion all-stock takeover offer.
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second
commission
securities
Alberta regulator to hear arguments in Suncor's hostile takeover bid of COS
2015-11-26 12:20:29| Oil & Gas - Topix.net
The Alberta Securities Commission will hear arguments today into whether Canadian Oil Sands should be allowed to keep its defence against hostile takeovers. Suncor Energy took a $4.5-billion all-stock offer directly to shareholders on Oct. 5 after attempts at inking a friendly deal were rebuffed by COS leadership in the spring.
Alberta cities, towns brace for climate change costsa
2015-11-25 11:02:00| Climate Ark Climate Change & Global Warming Newsfeed
CBC: As Albertans glance at the details about how the province's new climate change policy will increase home heating costs and the price at the pumps, financial officers inside city and town halls are busy working their calculators and spreadsheets to get a sense of the looming impact. The bigger the town or city, the heftier the blow. "We are a very large business with 20,000 employees," said Calgary Mayor Naheed Nenshi. "We're still analysing what that means to us as an organization." The...
Tags: change
cities
towns
climate
TransAlta Renewables garners $200-million investment from Alberta fund manager
2015-11-24 22:25:13| Energy - Topix.net
A day after the Alberta government unveiled its plan to tackle climate change, Alberta's pension fund manager is investing $200 million in green energy. Alberta Investment Management Corp., which has $85 billion in assets under management, is investing $200 million in TransAlta Renewables, an affiliate of power producer TransAlta Corp. .
Tags: manager
investment
fund
alberta
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