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Oilweek Magazine
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Click here to view a free sample digital edition of Oilweek magazine. As a paid subscriber, all issues of the magazine, including back issues, are online for you to read, search, and reference. |
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Latest Headlines
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Feb 8, 2010 5:52:00 PM MST
VANCOUVER _ Pacific Northern Gas Ltd. (TSX:PNG) increased its quarterly dividend on Monday as it reported improved quarterly profits compared with a year ago.
The company said it would pay a quarterly dividend to 28 cents, up from 25 cents.
The increased dividend came as Pacific Northern said it earned $3.4 million or 93 cents per share for the quarter ended Dec. 31 on $31.2 million...
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Feb 8, 2010 3:50:00 PM MST
VANCOUVER _ Pacific Northern Gas Ltd. (TSX:PNG) increased its quarterly dividend on Monday as it reported improved quarterly profits compared with a year ago.The company said it would pay a quarterly dividend to 28 cents, up from 25 cents.The increased dividend came as Pacific Northern said it earned $3.4 million or 93 cents per share for the quarter ended Dec. 31 on $31.2 million
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Feb 8, 2010 2:30:00 PM
MST
CALGARY _ A partnership representing Saskatchewan's three main fertilizer producers has agreed to sell 350,000 tonnes of potash to a Chinese buyer at what it described only as "competitive" spot prices.The announcement Monday comes about a month after Vancouver-based Canpotex Ltd. and its Chinese counterpart appeared to be at an impasse over an agreement on 2010 potash prices.Canpo
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Feb 8, 2010 2:29:00 PM
MST
QUEBEC CITY, Que. _ H2O Innovation Inc. (TSXV:HEO), a Quebec-based water pollution equipment company, announces the definitive cancellation of a contract it had received in October 2008 from Petro-Canada Oil Sands Inc. for the Fort Hills Energy L.P. oilsands project.The contract, worth about $9.4 million, had previously been deferred in November 2008.Petro-Canada was taken over by
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Feb 8, 2010 2:28:00 PM
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CALGARY _ Energy and economic recovery topped the agenda when Prime Minister Stephen Harper met with Calgary business leaders Monday ahead of the federal budget.Harper projected optimism in a short statement he made for reporters before closing the doors on the meeting."We had some good news last week on the jobs front. We had a little bit of good news on the Buy America front. Com
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Feb 8, 2010 2:17:00 PM
MST
QUEBEC _ H2O Innovation Inc. (TSXV:HEO), a Quebec-based pollution equipment company, announces the definitive cancellation of a contract it had received in October 2008 from Petro-Canada Oil Sands Inc. for the Fort Hills Energy L.P. oilsands project. The contract had previously been deferred in November 2008. Petro-Canada was taken over by Suncor Energy (TSX:SU) last summer, creating Canada's larg
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Feb 8, 2010 1:19:00 PM
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TORONTO _ The Toronto stock market closed lower with buying sentiment held in check by worries about the global economic recovery and sovereign debt issues in Europe.The S&P/TSX composite index lost 107.82 points to 11,115.3, led by falling financial and commodity stocks.The drop was the latest leg in a decline that started last month amid concern about China curbing lending....
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Feb 8, 2010 12:52:00 PM
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WASHINGTON _ A 30-second commercial lauding the close ties between Canada and the U.S. will air on Washington's NBC affiliate dozens of times during the upcoming Vancouver Winter Games.The organization behind the ad, the Canadian American Business Council, says it marks the first time such a commercial has aired "inside the Beltway" _ in other words, to an audience of powerful movers and s
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Feb 8, 2010 12:31:00 PM
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NEW YORK _ Energy prices climbed Monday as another winter storm was expected to dump even more snow on the U.S. East Coast.Already, parts of Virginia, Maryland, Pennsylvania and Washington were blanketed in about a metre of snow, knocking out power for tens of thousands of people and forcing government offices to close.As those regions dig out and warm up, analysts said they expect
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Feb 8, 2010 12:07:00 PM
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TORONTO _ Toromont Industries Ltd. (TSX:TIH) reported Monday a 36 per cent decline in profit, with both its compression group and heavy-equipment group experiencing double-digit declines in revenue.The Toronto-based company's net earnings fell to $31.4 million or 48 cents per share, down from $49.1 million or 76 cents per share in the same period of 2008.Overall revenue fell 26 per
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