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Asia to fuel global growth, economists say
The polls of more than 700 economists across the world, taken in the past few days in the run up to this week's meeting of G20 finance ministers, predicted 3.3% global growth this year, unchanged from a poll taken three months ago.
As natural gas prices collapse, producers pin hopes on Asia
The developments provide solid support for the takeoff of an LNG industry that promises richer prices for Canadian gas from Asian consumers, a reason to develop massive shale gas deposits that are now stranded, and fuel merger and acquisition activity ...
North America to lead global energy investments in 2012
The United States alone is on course to become the largest liquids producer in the world and looks almost certain to overtake Russia and Saudi Arabia before the decade is over, wrote Ed Morse, Managing Director and the Head of Global Commodities ...
Algoma Central: a journey into deep value territory
Algoma Central Corp. ranks as one of the most obscure publicly traded companies in Canada. Its shares trade by appointment on the Toronto market, with no stock at all changing hands many days.
A quarter of discounts, price collapses
Indeed, WCS has been trading at a US$35.50 discount to WTI (37% below the U.S. crude) on average, according to CIBC World Markets Inc. figures. At current levels, the Canadian oil industry would post an opportunity cost of $18-billion a year, or $50 ...
Bombardier's Chet Fuller: From landing airplanes to landing orders
At Bombardier Inc., the overriding risk is whether the $3.4-billion C Series aircraft program will succeed. ... That means his focus is on landing at least 30 customers ordering a total of more than 300 planes by 2013, when the C Series hits the ...
Shell-Iogen plant cancellation raises doubts about new biofuel technology
Ottawa-based Iogen Corp. and Royal Dutch Shell PLC have killed a plan to build a cellulosic ethanol plant in Canada, raising new doubts about a technology that governments have touted as ready to make a major contribution to North America's fuel ...
Shell, Iogen, and Cancellation in Manitoba: Answers to Your Questions  Biofuels Digest
Shale not immune to toxic energy politics
Take the case of Argentina, home to the third largest known, technically recoverable shale gas resource in the world, according to a 2011 U.S.
Electric push needs bigger boost
The 45-year-old software engineer took delivery of the first Nissan Leaf to arrive in Canada last September and has been using it to commute to the Ottawa offices of International Business Machines Corp., where the company has set aside reserved spaces ...
Shares in Merrex plummet as gold project closes amid political unrest
Shares in Merrex Gold Inc. dipped by 16 per cent after a coup in Mali forced the closure of the Halifax exploration companys Siribaya gold project.