Ore & Oil

Annual general meetings for corporations can be deadly dull. Listening to the CEO drone on about profits (hopefully), losses (hopefully not), EBITDA (earnings before interest, taxes, depreciation and amortization), creating “shareholder value” and all that jazz won’t have you on the edge of your seat. …

Emera Inc.’s bid to supply Massachusetts with 1,000 megawatts of clean energy has fallen short—for now. The Halifax-based energy company announced in January that the state, led by Republican Governor Charlie Baker, had chosen Hydro-Quebec’s Northern Pass Transmission project as the successful bid in a …

The Canada-Nova Scotia Offshore Petroleum Board announced on Saturday (April 7) that BP Canada is allowed to bring a drilling rig into Nova Scotia waters to start prep work for a planned exploration well approximately 330 kilometres from Halifax. The weekend press release means BP …

For the second straight year, the oil and gas industry has passed on the opportunity to grab acreage in Nova Scotia’s offshore. The Canada-Nova Scotia Offshore Petroleum Board announced on Monday it had received no takers on its 2017 call for bids round. The same …

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