Thursday, 23 January 2025

Focus on Infrastructure

FILE PHOTO: A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021.  REUTERS/Brendan McDermid/File Photo
BusinessInfrastructureNewsOilTradeTransmission

Oilfield services provider Flowco shows revenue surge in US IPO filing

Flowco Holdings has filed for a U.S. IPO, targeting a potential $2 billion valuation and listing on the NYSE under the ticker 'FLOC.'

FILE PHOTO: A U.S. Postal Service (USPS) logo is pictured on a mail box in the Manhattan borough of New York City, New York, U.S., August 21, 2020. REUTERS/Carlo Allegri/File Photo
BusinessElectric Vehicles (EVs)InfrastructureNewsPolitics

Trump may cancel US Postal Service electric mail truck contract, sources say

Trump's team may cancel USPS contracts for electric delivery trucks, aligning with his rollback of Biden's EV and climate policies.

A new report says Alberta's oil and gas producers spent $769 million cleaning up old wells in 2023, a $73 million increase from the prior year. A pumpjack draws out oil from a well head near Calgary on Saturday, Sept. 17, 2022. THE CANADIAN PRESS/Jeff McIntosh
BusinessEconomyEmissionsEnvironmentInfrastructureNatural GasNewsOilRegulationsReports

Number of inactive oil and gas wells in Alberta fell five per cent in 2023: report

Alberta oil producers spent $769M on well cleanups in 2023, exceeding provincial requirements as inactive wells dropped by five per cent.

Parliamentary Budget Officer Yves Giroux waits to appear at the Standing Committee on Natural Resources on Parliament Hill, Monday, Nov. 18, 2024 in Ottawa. Giroux estimates Canada's tariffs on Chinese electric vehicles, aluminum and steel will increase federal revenues by $473 million over five years.THE CANADIAN PRESS/Adrian Wyld
AutomotiveBuildingsConstructionEconomyElectric Vehicles (EVs)IndustryInfrastructureManufacturingNewsPoliticsRegulationsTrade

Tariffs on Chinese EVs, aluminum and steel to raise federal revenues by $473M: Canada’s PBO

Canada's tariffs on Chinese EVs, steel, and aluminum are expected to cut imports and boost federal revenues by $473M over five years.

An Electrician is seen installing a heat pump for Efficiency Nova Scotia’s Mi’kmaq Home Energy Efficiency Program (MHEEP), in Eskasoni, N.S., in an undated handout photo. THE CANADIAN PRESS/HO-Truefaux films, *MANDATORY CREDIT*
AnalysisEfficiencyElectricityRegulationsReportsTransportUtilities

Nova Scotia, still dependent on fossil fuels, drops in rankings for energy efficiency

A national study says Nova Scotia's leadership position in energy efficiency has been overtaken by other provinces, including its closest neighbours.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessEconomyGreen SteelIndustryInfrastructureManufacturingNewsPoliticsRegulations

Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive

Nippon Steel remains committed to its $15B U.S. Steel acquisition, confident of closing by year-end despite U.S. opposition.

FILE PHOTO: Electric power transmission pylon miniatures and Duke Energy logo are seen in this illustration taken December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
ClimateCoalElectricityEmissionsEnvironmentNatural GasNewsUtilities

North Carolina town files lawsuit against Duke Energy over climate crisis

Carrboro sues Duke Energy, alleging decades of climate deception, rising costs, and delays in the renewable energy shift.

Emir of Qatar Sheikh Tamim bin Hamad Al Thani and UK's Secretary of State for Defence John Healey pose with military personell at the Royal Military Academy Sandhurst during day two of The Amir of the State of Qatar state visit to the United Kingdom on December 04, 2024 in Camberley, England. Chris Jackson/Pool via REUTERS
AviationBiofuelsBusinessCarbon ManagementEfficiencyElectricityNewsSmall Modular ReactorsSustainable Aviation Fuel

Qatar to invest $1.3 billion in climate technology in Britain

The investment is expected to create thousands of jobs and launch climate technology hubs in both countries to accelerate development of clean tech.

The Saskatchewan legislative building in front of Walter Scott Memorial in Regina on Thursday, Oct. 24, 2024. THE CANADIAN PRESS/Heywood Yu
Emissions MarketsLegislationNatural GasNewsPoliticsUtilities

Canada’s Saskatchewan moves to keep carbon levy off home heating

The amendment would ensure the province remains the sole registered distributor of natural gas throughout 2025 and beyond.

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