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BC Government: New oil and gas royalty system ending inefficient subsidies
May 19, 2022 VICTORIA – The Province is introducing a new oil and gas royalty system that puts the interests of British Columbians first and eliminates outdated and inefficient fossil-fuel subsidies. “Our province is blessed with abundant resources, which belong to all of us. But for too long, a broken system of fossil-fuel subsidies has […]
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Western Energy Services Corp. Announces Closing Of Rights Offering And Debt Restructuring Transaction
CALGARY, ALBERTA – Western Energy Services Corp. (the “Company” or “Western”) (TSX: WRG) is pleased to announce the successful completion of its previously announced recapitalization and debt restructuring transaction (the “Restructuring Transaction”). Closing of the Restructuring Transaction occurred one day after the initially expected date due to steps required to satisfy all the conditions to […]
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Canada invests in Indigenous Wind Energy Project in Saint John, New Brunswick
From: Natural Resources Canada May 17, 2022 The Government of Canada is investing in renewable energy across the country and working with Indigenous partners to get major projects built. Today, Wayne Long, Member of Parliament for Saint John–Rothesay, on behalf of the Honourable Jonathan Wilkinson, Minister of Natural Resources, announced nearly $50 million for the […]
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Pieridae Releases Q1 2022 Results
Higher Commodity Prices, Cost Discipline Drive a 127% Increase in Net Operating Income Growing Interest in Proposed LNG Project Key Highlights: During Q1 2022: Generated Net Operating Income1 (“NOI”) of $47.3 million ($0.30 per basic and fully diluted share), up 127% from the comparable period in 2021; Generated Adjusted Funds Flow from Operations1 (“AFFO”) of […]
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Chief ‘really happy’ to be at the table with Alberta on carbon capture projects – Windspeaker
May 9th, 2022 “It’s round two… Now it’s getting down into the details of ‘let’s get a shovel in the ground’ and that is going to take a lot more engineering, technical capacity, community engagements, internally and externally from First Nations. (It’s) another year planning roughly.” — Enoch Cree Nation Chief Billy Morin Getting the […]
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Canadian University Students to Tour Large-Scale Gas Plant
CALGARY, ALBERTA – May 6, 2022 – Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) will hold an event next week that features university students from across Canada who, along with faculty members from the University of Calgary (U of C), Mount Royal University (MRU) and the University of Toronto (U of T), will tour […]
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Western Energy Services Corp. Releases First Quarter 2022 Financial and Operating Results
CALGARY, ALBERTA – Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) announces the release of its first quarter 2022 financial and operating results. Additional information relating to the Company, including the Company’s financial statements and management’s discussion and analysis as at March 31, 2022 and for the three months ended March 31, 2022 […]
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West Lake Energy Announces Carbon Sequestration Hub Proposal, Setting the Foundation for a Transformational Green Energy Centre in Southern Alberta
CALGARY, ALBERTA, May 5, 2022 – WEST LAKE ENERGY CORP. (“West Lake” or the “Corporation”) is pleased to announce its submission of a proposal to the Government of Alberta for a permit to evaluate a potential Carbon Capture Sequestration Hub (the “Hub”). Located near Pincher Creek, Alberta, the project will provide an immediate solution to […]
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Algonquin community of Kitcisakik is finally getting hooked up to the grid – APTN News
May 04, 2022 After decades of living off the grid, the Algonquin community of Kitcisakik, nestled within a wildlife reserve in Western Quebec, will finally be powered by hydroelectricity. The 400 members who reside in and around Kitcisakik, located 375 km northwest of Ottawa, have long relied on costly diesel generators to power their homes […]
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Indigenous clean energy leaders gather in Kelowna, BC for the 20/20 Catalyst Program
After two years of virtual connection, the fifth cohort of Indigenous Clean Energy’s (ICE) flagship program, the 20/20 Catalysts Program, gathers in Kelowna, BC for the first of three on-site intensive sessions. KELOWNA, BC, May 2, 2021 – After two years of virtual gatherings, Indigenous Clean Energy (ICE) Social Enterprise’s flagship capacity-building program, 20/20 Catalysts Program […]
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