Alberta
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Obama makes good on threat to veto controversial Keystone XL bill
Alberta Premier Jim Prentice, meanwhile, said struggle over Keystone XL is not over, even with U.S. president’s veto in play
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Back in the black: Alberta now anticipating $465M surplus in 2015
Third-quarter numbers forecast $465-million surplus for 2014-15 fiscal year just weeks after $500-million deficit was predicited
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Study explores waste heat from Edmonton-area industrial sites
Waste heat from industrial sites near Edmonton could power 5,100 home, heat another 15,200, according to new study
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Genalta project in Alberta generating electricity from excess gas
Three Creeks project generating eight megawatts of electricity from excess gas from Baytex’s nearby heavy oil site
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Alberta NDP launches online petition to fight corporate tax freeze
Petition comes after Premier Jim Prentice announced plans to freeze corporate taxes, oil royalties in wake of low oil prices
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CIBC predicts Alberta heading for mild recession this year
Bank predicts cuts in capital spending by big oil companies will mean at least two quarters of negative growth for province
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Oilfield services firm Newalta laying off 180 staff to reduce costs
Calgary-based Newalta said it is cutting 180 people from its workforce to reduce costs and improve margins
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Prentice shoots down corporate tax hikes in Alberta
Jim Prentice said he won’t hike corporate taxes to help rescue Alberta’s economy from hole created by plunging oil prices
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4 winners announced in GE’s oilsands GHG reduction challenge
GHG Ecomagination Innovation Challenge aimed at advancing efficiency, environmental performance in Alberta’s oilsands
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Cenovus latest to slash 2015 capital budget on low oil prices
Calgary-based oil producer also looking to trim workforce in coming weeks as oil prices remain below US$50/barrel
