Category: Headlines
Eurozone exit by Greece would be ‘extremely expensive’, IMF chief warns
IMF chief Christine Lagarde warned of “extremely expensive” consequences were Greece to leave the euro zone, a once taboo possibility that European leaders have begun to discuss openly after the nation descended into political chaos
Enbridge plans massive $3-billion pipeline expansion in Canada and U.S.
Enbridge Inc kicked off one of the most sweeping expansions in its history on Wednesday, a $3-billion series of projects across its pipeline system aimed at moving western Canadian crude to Eastern refineries and preventing bottlenecks in the U.S. Midwest
Desjardins fund joins international call for firms to adopt fracking standards
Desjardins Group-owned mutual fund company NEI Investments has joined a coalition of 55 international investors with combined assets under management of $1-trillion in calling for natural gas companies to adopt industry-wide standards for shale gas fracking
KMG on the graphite ‘bubble’ — A May 10 interview
Kevin Michael Grace, Editor of ResourceClips.com was interviewed by Shannon Pearson of Venture Capital Radio May 10
Enbridge generates surprising social spike following AGM and anti-pipeline protest
Enbridge Inc.’s Northern Gateway Pipeline project is no stranger to publicity, especially on social media networks like Twitter and Facebook
Making history at Contrans
The week of May 14, 2012 may be remembered as a time when shareholders not only showed their frustration — but did something about it
CP Rail proxy battle appears set for Ackman victory at annual meeting
The stage appears set for activist investor Bill Ackman to declare victory Thursday morning in his ongoing proxy battle at Canadian Pacific Railway
OSC to consider extension of order against First Leaside’s Phillips
The OSC will hold a hearing on the afternoon of May 30 in Toronto to consider whether it is “in the public interest” to extend an order against the founder and former chief executive of defunct investment and wealth management firm First Leaside
Canadian Natural sees Brent-WTI spread collapse with Seaway
Canadian Natural Resources Ltd., owner of the Horizon oil sands project, expects the spread between Brent crude and West Texas Intermediate to collapse as the reversed Seaway pipeline is completed and expanded
Soaring costs may keep Brent above $100
Oil industry executives and bankers are assuming oil prices will stay above $100 a barrel in the year ahead, despite mounting economic worries, as any fall below that level would trigger a cut in Saudi Arabia’s output and force closures at high-cost projects around the world
