Federated Co-operatives Limited is committing to reduce their greenhouse gas emissions. On Thursday, CEO Scott Banda announced that FCL is committing to reduce their greenhouse gas emissions by 40 per cent below 2015 levels by the year 2030 and FCL is also aspiring to achieve net zero by the year 2050. Co-op also announced that […]
The Enbridge Line 3 replacement pipeline, which stretches from Alberta, through Saskatchewan and Manitoba, to Wisconsin has been completed much to the delight of the Saskatchewan government. “This project is good news for Saskatchewan and its producers, as 70 per cent of our oil runs through the Enbridge Mainline, which includes Line 3,” Energy and […]
Federated Co-Operatives Limited is putting its oil production business in Western Canada up for sale, but the company has no plans to get rid of its refinery in Regina. Also for sale is FCL’s stake in a carbon capture project at Weyburn operated by Whitecap Resources. A company spokesperson isn’t saying why this move is […]
The province is releasing its first quarter update and it shows the deficit now stands at $2.74 billion after a jump of $126 million. The reason for the jump is the government doing what it can to provide agricultural support to address wide-spread drought conditions. “Recent commitments to help our farmers through the emerging drought, […]
Regina’s Co-op Refinery Complex announced that layoffs are coming, leaving Unifor Local 594 wanting answers. President Nathan Kraemer says these layoffs are unnecessary, and are against the Collective Bargaining Agreement in place. “They’ve given us a pretty significant number of jobs they would like to reduce, as well as completely eliminating two entire job classifications, […]
Crescent Point Energy Corp. is reporting a fourth-quarter net loss of $51 million, compared with a loss of $932 million in the same period of 2019. The Calgary-based company says the loss amounted to 10 cents per share for the quarter ended Dec. 31 compared with a loss of $1.73 per share a year ago. […]
The Regina city councillor, who drew the anger of many including Premier Scott Moe after a controversial motion regarding the oil and gas industry, says he is no longer a member of the law firm he was at. Daniel Leblanc, who represents those in Ward 6, says he was let go by Gerrand Rath Johnson […]
The federal Conservatives are now calling on Regina City Council to either withdraw or defeat a motion to ban oil and gas companies from sponsoring or advertising on city property. In a news release, Regina-Qu’Appelle Member of Parliament Andrew Scheer announced the results of a poll and petition he launched in response to the controversial […]
Another member of Regina city council has pulled back support from a controversial amendment that would prohibit oil and gas companies from sponsoring or advertising on city property. Ward 6 Councillor Dan LeBlanc, who originally put forward the amendment that was approved during Executive Committee last week, announced on social media he would support withdrawing […]
TC Energy Corp. says it has suspended work on the Keystone XL project in anticipation of U.S. president-elect Joe Biden revoking its vital presidential permit once he is sworn in later today. In a news release, it says it is “disappointed” with Biden’s expected action, adding it will overturn extensive regulatory reviews that found the […]
