Business Canada

  • RICHMOND, British Columbia/ KUALA LUMPUR, Sept 28- M alaysia's Petronas said on Wednesday that it would review a proposed C $11 billion liquefied natural gas plant in western Canada that was approved by Ottawa following a three-year wait. Many analysts are skeptical the project will proceed, with the green light from Prime Minister Justin Trudeau's Liberal...

  • ST. LOUIS, United States- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the Community Banking in the 21st Century Conference hosted by the Federal Reserve Bank of St. Louis- 1415 GMT. ST. LOUIS, United States- Federal Reserve Bank of Chicago President Charles Evans speaks before the Community Banking in the 21st Century...

  • RICHMOND, British Columbia, Sept 27- The Canadian government on Tuesday approved a proposed Petronas-led liquefied natural gas plant in northern British Columbia, ending a three-year wait for a decision and drawing condemnation from environmentalists. Prime Minister Justin Trudeau's Liberal government acted after receiving an environmental...

  • CANADA IMPOSES 190 CONDITIONS AND HARD CAP ON CARBON EMISSIONS ON PROPOSED PETRONAS PACIFIC NORTH WEST LNG PROJECT.

  • TORONTO— Canadian Prime Minister Justin Trudeau approved Tuesday a $27 billion liquefied natural gas project on British Columbia's northwest coast in a decision that's considered a litmus test for a government that has vowed to do more for the environment. "Helping to get Canada's resources to market is a key responsibility," Natural Resources Minister Jim...

  • RICHMOND, British Columbia, Sept 27- The Canadian government on Tuesday approved a proposed Petronas-led liquefied natural gas plant in northern British Columbia, ending a three-year wait for a decision. Environment Minister Catherine McKenna made the announcement in a statement on the banks of the Fraser river. The Liberal government of Prime Minister...

  • BRIEF- CANADA APPROVES PROPOSED PETRONAS LNG PLANT IN BRITISH. *Approves proposed Petronas LNG plant in British Columbia. Source text for Eikon: Further company coverage:.

  • CANADA APPROVES PROPOSED PETRONAS LNG PLANT IN BRITISH COLUMBIA.

  • An official statement said Environment Minister Catherine McKenna and Natural Resources Minister Jim Carr would reveal the decision in the Pacific province of British Columbia at 5:15 p.m. local time. The Liberal government of Prime Minister Justin Trudeau took into consideration an environmental assessment that said the plant in British Columbia...

  • MONTREAL, Sept 27- The value of ticket sales owed to foreign airlines in Nigeria has been reduced by over 50 percent since June, the International Air Transport Association said on Tuesday, adding it is making progress to recoup billions of dollars in revenues blocked by some countries. IATA last week requested anti-trust immunity from the United States to...

  • Canadian Environment Minister Catherine McKenna is headed to Vancouver to make the long-awaited announcement on the multibillion dollar plant in British Columbia, the source said.

  • CANADA GOVT TO ANNOUNCE DECISION ON PETRONAS PROJECT TO BUILD LIQUEFIED NATURAL GAS PLANT IN BRITISH COLUMBIA- SOURCE.

  • TORONTO, Sept 27- Canadian miner Teck Resources Ltd wants to regain its investment-grade credit rating but expects it will need to reduce its debt by some $1.5 billion to $2 billion to achieve that goal, Chief Financial Officer Ron Millos said on Tuesday. The company has been working to reduce its debt, which stood at $6.97 billion at the end of June, down from $9.6...

  • MONTREAL— Efforts to reach the world's first climate deal governing the aviation sector got under way at a conference in Montreal. Delegates to the U.N. International Civil Aviation Organization general assembly are being asked to approve, in two weeks, a program for the industry to become carbon neutral after 2020 and to halve net emissions by 2050 compared to...

  • TORONTO, Sept 27- Canadian money manager West Face Capital is looking to raise $1.5 billion for a new private equity fund, according to a person familiar with the situation on Tuesday. The Toronto- based hedge fund is targeting both U.S. and Canadian investors with the new fund, the source said on condition of anonymity as the matter is not public.

  • TORONTO, Sept 27- Ontario will scale back its purchase of renewable power in a move expected to result in savings of up to$ C3.8 billion from a 2013 forecast, the provincial government said on Tuesday. It's not clear consumers will benefit directly, though the province's Energy Minister Glenn Thibeault told a news conference a residential household can expect to...

  • DETROIT— DTE Energy Co. plans to spend $1.3 billion for natural gas assets in Pennsylvania and West Virginia. The Detroit- based company announced Monday that an agreement calls for DTE to purchase all of Appalachia Gathering System in Pennsylvania and West Virginia and 40 percent of Stonewall Gas Gathering in West Virginia from energy company M3 Midstream.

  • RAMAT GAN, Israel, Sept 27- In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. While it was initially registered in Britain, NRGbinary was run from Israel and sold its products to clients in the Middle East, Canada and South Africa. Israeli regulators say they never looked at the company, or others like it,...

  • MONTREAL, Sept 27- Fast-growing aviation powerhouse India is not ready to join the world's first climate deal to curb pollution from commercial flights because it fears that talks beginning on Tuesday may not lead to a fair agreement, its civil aviation minister said. The proposed landmark deal, backed by the United States and China, aims to limit rising airline...

  • ROCHESTER, Mass.— All is not well in cranberry country this harvesting season, the 200th anniversary of the world's first known commercial cultivation. In the birthplace of the industry, many Massachusetts growers whose families have tended bogs for generations are in "dire straits," facing challenges that include rising production costs, decreasing crop...