Suncor Energy

Alberta Indigenous Opportunities Corporation Announces Close of Northern Courier Pipeline System Deal

Retrieved on: 
Tuesday, November 30, 2021

CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that the Northern Courier Pipeline System sale has closed, marking the end of years of collaboration and negotiations among all partners and making the Astisiy Limited Partnership (Astisiy), comprised of Suncor Energy and the eight Indigenous Communities, the official owners of a 15 per cent stake in the Northern Courier Pipeline System (NCPS).

Key Points: 
  • CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that the Northern Courier Pipeline System sale has closed, marking the end of years of collaboration and negotiations among all partners and making the Astisiy Limited Partnership (Astisiy), comprised of Suncor Energy and the eight Indigenous Communities, the official owners of a 15 per cent stake in the Northern Courier Pipeline System (NCPS).
  • This deal really encapsulates our mandate to facilitate investments by Indigenous communities and advance their role as true partners in Albertas natural resource economy.
  • We look forward to seeing each of the communities involved in todays deal flourish and grow in the years to come.
  • These own-source revenue streams will help bring prosperity and equity to each Indigenous Community involved in todays exciting announcement.

CNOOC Limited Announces Buzzard Phase II Development Commenced Production

Retrieved on: 
Monday, November 29, 2021

HONG KONG, Nov.29, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, TSX: CNU) announced today that the Buzzard Phase II development, offshore UK North Sea has safely commenced production.

Key Points: 
  • HONG KONG, Nov.29, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, TSX: CNU) announced today that the Buzzard Phase II development, offshore UK North Sea has safely commenced production.
  • Buzzard Phase II is expected to reach its peak production of approximately 12,000 barrels of oil equivalent per day in 2022, increasing Buzzard's production to 80,000 BOEPD in total.
  • Mr. Xia Qinglong, President of CNOOC Limited said, "We are very pleased with the commencement of production at Buzzard Phase II.
  • CNOOC Petroleum Europe Limited, a wholly owned subsidiary of CNOOC Limited, is the operator of Buzzard and has 43.21% interest.

ConocoPhillips Canada joins Oil Sands Pathways to Net Zero alliance

Retrieved on: 
Wednesday, November 3, 2021

CALGARY, AB, Nov. 3, 2021 /PRNewswire/ -The Oil Sands Pathways to Net Zero alliance has expanded to include ConocoPhillips Canada.

Key Points: 
  • CALGARY, AB, Nov. 3, 2021 /PRNewswire/ -The Oil Sands Pathways to Net Zero alliance has expanded to include ConocoPhillips Canada.
  • The Pathways initiative was established with the goal of achieving net zero greenhouse gas (GHG) emissions from oil sands operations by 2050.
  • "We're extremely pleased to have ConocoPhillips join our alliance, which now represents companies from almost all of Canada's major oil sands facilities," says Pathways Director Al Reid.
  • The Oil Sands Pathways to Net Zero initiative consists of Canadian Natural, Cenovus Energy, ConocoPhillips Canada, Imperial, MEG Energy and Suncor Energy.

Oil Sands Pathways alliance outlines three-phase plan to achieve goal of net zero emissions

Retrieved on: 
Thursday, October 21, 2021

CALGARY, AB, Oct. 21, 2021 /PRNewswire/ - The Oil Sands Pathways to Net Zero initiative, an alliance between Canada's five largest oil sands producers, has announced additional details of its plan to achieve the goal of net zero greenhouse gas (GHG) emissions from oil sands operations.

Key Points: 
  • CALGARY, AB, Oct. 21, 2021 /PRNewswire/ - The Oil Sands Pathways to Net Zero initiative, an alliance between Canada's five largest oil sands producers, has announced additional details of its plan to achieve the goal of net zero greenhouse gas (GHG) emissions from oil sands operations.
  • Pathways alliance members, who operate facilities accounting for 90% of Canadian oil sands output, are working collectively with the federal and Alberta governments, with a goal to achieve net zero (neutral) emissions from oil sands operations by 2050 to help Canada meet its climate goals, including its Paris Agreement commitments and 2050 net zero aspirations.
  • Because there is no single solution to achieving net zero emissions from oil sands operations, the initiative will employ several parallel pathways and technologies.
  • The Oil Sands Pathways to Net Zero initiative consists of Canadian Natural, Cenovus Energy, Imperial, MEG Energy and Suncor Energy.

Alberta Indigenous Opportunities Corporation Provides up to $40 Million Guarantee to Support Eight Indigenous Communities in Financing of Northern Courier Pipeline System

Retrieved on: 
Thursday, September 16, 2021

CALGARY, Alberta, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that it has provided up to a $40 Million loan guarantee to support eight Indigenous Communities in the Wood Buffalo Region, to finance a 14.25 per cent ownership interest in the Northern Courier Pipeline System (NCP System) including the Pipeline and associated storage facilities.

Key Points: 
  • CALGARY, Alberta, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that it has provided up to a $40 Million loan guarantee to support eight Indigenous Communities in the Wood Buffalo Region, to finance a 14.25 per cent ownership interest in the Northern Courier Pipeline System (NCP System) including the Pipeline and associated storage facilities.
  • The NCP System consists of 90 kilometers of bitumen and diluent pipeline connecting the Fort Hills Oil Sands project in Northern Alberta with Suncors facilities in Fort McMurray.
  • Athabasca Chipewyan First Nation Chief, Allan Adam said, The Northern Courier Pipeline opportunity represents an example of what is possible when Industry and Indigenous communities collaborate on Economic Reconciliation.
  • Investment in the energy sector is a clear path for indigenous communities to finally realize economic reconciliation.

Media Advisory: TC Energy to divest remaining 15 per cent interest in Northern Courier Pipeline

Retrieved on: 
Thursday, September 16, 2021

CALGARY, Alberta, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that Astisiy Limited Partnership, comprised of Suncor and eight Indigenous communities in the Regional Municipality of Wood Buffalo (RMWB), will acquire TC Energy’s remaining 15 per cent equity interest in the Northern Courier Pipeline (NCP).

Key Points: 
  • CALGARY, Alberta, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Media Advisory TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that Astisiy Limited Partnership, comprised of Suncor and eight Indigenous communities in the Regional Municipality of Wood Buffalo (RMWB), will acquire TC Energys remaining 15 per cent equity interest in the Northern Courier Pipeline (NCP).
  • At TC Energy, we believe Indigenous communities must realize long-term sustainable benefits from energy projects.
  • Expanding economic opportunities for Indigenous communities is an important way to advance reconciliation between Indigenous and non-Indigenous peoples.
  • TC Energys common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP.

DGAP-News: Compleo continues to expand its market position in H1 2021

Retrieved on: 
Wednesday, September 15, 2021

Dortmund, September 15, 2021 - Compleo Charging Solutions AG ("Compleo"), a leading provider of charging solutions for electric vehicles, continued on its growth path in the first half of 2021.

Key Points: 
  • Dortmund, September 15, 2021 - Compleo Charging Solutions AG ("Compleo"), a leading provider of charging solutions for electric vehicles, continued on its growth path in the first half of 2021.
  • Revenues from the DC charging station segment increased by 16.3% to EUR 5.9 million (H1 2020: EUR 5.1 million).
  • Adjusted EBITDA amounted to EUR -4.0 million in the first half of 2021, EUR 3.6 million below the comparative figure (H1 2020: EUR -0.4 million).
  • Compleo is thus increasingly expanding its market position in order to make optimal use of the enormous potential for charging solutions in Europe.

Latium Technologies launches "Ingenious E-Sense™" solving the impossible for mining companies

Retrieved on: 
Tuesday, August 24, 2021

NISKU, AB, Aug. 24, 2021 /PRNewswire/ -Industrial IoT solutions provider Latium Technologies is excited to launch the Ingenious line of IoT technologies, first introducing the groundbreaking E-Sense device.

Key Points: 
  • NISKU, AB, Aug. 24, 2021 /PRNewswire/ -Industrial IoT solutions provider Latium Technologies is excited to launch the Ingenious line of IoT technologies, first introducing the groundbreaking E-Sense device.
  • The Ingenious E-Sense is a non-invasive IoT sensor that provides mining companies with a better way to monitor networks of high-voltage cables for damage or faults.
  • The Ingenious E-Sense integrates directly into Latium Technologies' industry-leading Job Site Insights suite of applications.
  • "The launch of the Ingenious sensor line is a major step for us," said Latium Technologies CEO Mark Bryant.

Shaw Donates $1 Million to Support Over 230 Children and Youth Charities in Alberta Through Shaw Birdies for Kids Presented by AltaLink

Retrieved on: 
Monday, August 9, 2021

The $1 million donation will support more than 230 charities in Alberta that benefit from the tournaments charitable program, Shaw Birdies for Kids presented by AltaLink helping to create a lasting, life-changing impact on the lives of hundreds of thousands of children and youth across the province.

Key Points: 
  • The $1 million donation will support more than 230 charities in Alberta that benefit from the tournaments charitable program, Shaw Birdies for Kids presented by AltaLink helping to create a lasting, life-changing impact on the lives of hundreds of thousands of children and youth across the province.
  • This donation will help continue the tournaments legacy of giving and support the organizations that work every day to improve the lives of kids and youth in our communities.
  • Since 2013, the Shaw Charity Classic has become a critical platform for charitable fundraising in Alberta.
  • Shaw has led the way in helping us achieve our goal to improve the lives of as many kids as we can in Alberta.

Wes Hall Joins Maverix Private Equity Advisory Board

Retrieved on: 
Thursday, August 5, 2021

TORONTO, Aug. 5, 2021 /PRNewswire/ - Maverix Private Equity, aToronto-basedprivate equity firm which announced an inaugural USD$500 milliongrowth-fund this past April, is pleased to announce the addition of Wes Hall to its Advisory Board, joining six of Canada's most accomplished business leaders.

Key Points: 
  • TORONTO, Aug. 5, 2021 /PRNewswire/ - Maverix Private Equity, aToronto-basedprivate equity firm which announced an inaugural USD$500 milliongrowth-fund this past April, is pleased to announce the addition of Wes Hall to its Advisory Board, joining six of Canada's most accomplished business leaders.
  • As a leading innovator, entrepreneur, and philanthropist, Hall aligns with Maverix Private Equity's vision of pioneering a community of dynamic Canadian entrepreneurs focused on technology-enabled growth and disruption.
  • "We are beyond excited to welcome Wes to our Advisory Board as we move forward on our mission to challenge the status quo and invest in market-changing Canadian businesses.
  • ", saidJohn Ruffolo, Founder and Managing Partner at Maverix Private Equity.