Oil & Gas
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Manufacturing sales beat forecasts in June despite falling 1.2%, says StatCan
Sales were down in 16 of 21 industries, representing 68% of total manufacturing sales. Petroleum and coal product sales fell 3.8% to $6.3 billion in June
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Pembina buying Kinder Morgan Canada and U.S. portion of Cochin pipeline
The deal also includes an Edmonton storage and terminal business and Vancouver Wharves, a bulk storage and export-import business
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Husky Energy shares rise on analyst report about potential privatization
An analyst says going private would allow Husky to capture much of the gap between its market value and base net asset value of $19.53 per share
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Eurozone inflation even lower than thought in July at 1%
The core rate, which strips out the volatile items of energy, food, alcohol and tobacco, was even lower at 0.9%
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Pipeline rupture sends 40K litres of oil into Alberta creek
Calgary-based Bonterra says cleanup and recovery is expected to continue for the next three weeks
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Group wants new agency to oversee oil and gas industry in British Columbia
The Crown corporation is accused of serving the interests of the industry and a provincial government that promotes fossil fuel development
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ExxonMobil fined $40K after near miss on rig off Nova Scotia last fall
The oil and gas company was not in compliance with drilling regulations when five workers narrowly escaped injury when a 15-metre chain fell nearly 18 metres to the deck
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RCMP ‘sitting on’ watchdog report into alleged spying on anti-oil protesters
British Columbia Civil Liberties Association alleged the RCMP improperly collected and shared information about pipeline protesters
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Maintenance and asset management course now offered in French
A new French curriculum for maintenance professionals provides the skills necessary for effective management of a business’s existing physical assets
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Inter Pipeline confirms takeover offer on regulator request after stock halted
If a sale is successful, the proceeds would be used to pay down debt and help finance the midstream Calgary-based company’s $3.5-billion Heartland Petrochemical Complex project now being constructed northeast of Edmonton
