Husky Energy Inc. on Tuesday nearly doubled its free cash flow target over five years as it cut its planned capital spending at a time when investors have been calling on oil and gas companies to shore up capital for buybacks and dividends.
“Oil and gas and energy is pretty unloved,” Husky Chief Executive Rob Peabody said at the company’s investor day in Toronto. “And Canadian oil and gas is really quite unloved by the investment community.” Peabody said Husky expected to generate $800 million in free cash flow this year, not counting the expected sale of some assets. Its bias will be to accelerate returns to shareholders through its dividend.
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Canada's amazing—and invisible—green energy sector - Macleans.caTabatha Southey: Clean energy attracts billions in investment every year, employs many thousands of Canadians, and grows more than the rest of the economy. Why doesn't Canada care? Back of the line. Clean energy is an opinion Oil and Gas invests billions into high-tech enviro solutions &should get some care too😍, for all the jobs provide including a spin off of in other industries & actually provides real cash transfer payments to less fortunate provinces Because at the same time you vilify and debase oil & gas. Create climate BS emergencies. Less uptake due to higher prices to “do the right thing” for the environment. Yeah. Shove it 💪🏻 Invisible!?
Source: macleans - 🏆 19. / 71 Read more »
Clean energy one of Canada’s fastest-growing industries: reportClean energy includes everything from the production and transmission of renewable electricity to transit workers and construction workers making buildings more energy-efficient globebusiness BlueSkyCBC PremierScottMoe ! globebusiness cost to much doesn't make any money junk globebusiness Even if true, it still is unreliable and makes up 10% of the grid at best, so logic dictates use CLEANER NATURAL GAS as the G 20 recommended as a TRANSITION FUEL while we work on reliable, plentiful clean energy...but that’s not a tax (carbon tax) it’s just common sense.
Source: globeandmail - 🏆 5. / 92 Read more »
Clean energy one of Canada's fastest-growing industriesCanada's clean-energy sector is growing faster than the economy as a whole and is rivalling some of the more well known industries for jobs, a new report shows. It has been for a couple of decades now People may disagree on the politics and the details but that doesn't mean they don't care about the environment Not in Ontario! Doug Fraud is chasing high tech away and I don’t blame them for going! Not according to stats Canada. Who is lying here?
Source: CTVNews - 🏆 1. / 99 Read more »
Canada's Clean Energy Sector Is Among Its Fastest Growing: ReportThe industry eclipses mining and oil-and-gas extraction in terms of jobs, a new study suggests. Do better Canada we can do more and keep in mind that Canada has the dirtiest oil in the world - so no one is in a hurry to get that going any time soon Nice. Let's keep those numbers gping up!
Source: HuffPostCanada - 🏆 61. / 53 Read more »
Britons set for £6-billion energy windfall from network curbsRegulator Ofgem is now targeting the operators whose network fees make up around a quarter of British household energy bills
Source: globeandmail - 🏆 5. / 92 Read more »
Gibson Energy to load 225,000 bpd of Canadian crude-by-rail by summer’s end, CEO saysThe increase in crude-by-rail loadings comes as the discount on Canadian crude versus U.S. oil hovers around its widest level in six months, making rail shipments more profitable
Source: globeandmail - 🏆 5. / 92 Read more »
Garbage From Philippines Will Be Sent To B.C. Waste-To-Energy PlantCanada and the Philippines have battled since 2014 about what to do with the trash Whatever idiot sent garbage instead of the recyclable materials that were supposed to be sent is responsible for this fiasco! McKenna will just dump in our fresh water systems.
Source: HuffPostCanada - 🏆 61. / 53 Read more »
Waste-to-energy plant in B.C. to handle disputed garbage from PhilippinesAbout 1,500 tonnes of garbage that is being sent back to Canada from the Philippines will be taken to a facility in Burnaby, B.C., that turns waste into electricity. I think the prime minister should appear on to answer these questions instead of having to do it for legal/political reasons federalelections coming up and he is up to his hiding and political spinning of the liberalmedia It's awesome that it's being burned to create electricity We should be doing this with ALL of Canada's waste but that would mean the eco groups couldn't exploit you for donations and the politicians couldn't control you with fear mongering I know the company that shipped this is long gone but the people who ran the company are still around somewhere and criminal charges for fraudulently mislabeling garbage as plastics should still be laid !
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Andrew Scheer talks energy in CalgaryConservative Leader Andrew Scheer speaks in Calgary announcing a plan for a national energy corridor and cancelling the carbon tax. Vision on scale of coast-to-coast rail and highway visions of 19th and 20th centuries, respectively. Hotly contested at the time, but ultimately strategic nation-builders. Energy corridor is coast-to-coast equivalent for 21st century. canada cdnpoli PnPCBC CTV_PowerPlay A future of court challenges from the Provinces? Brilliant plan! More recycled ideas.
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Opinion: Don’t fear Canada’s economic transition – our new economy is already hereCanadians love to debate energy. But we’re missing half the picture – that energy isn’t a synonym for oil and gas, and the clean-energy sector is here to stay – so we fear the unknown globebusiness No it’s not what kind of trash is this We had THREE NEAR 0% GROWTH QUARTERS which is close to recession - report reality not what Trudeau paid you to report with that 600 million dollar bribe....
Source: globeandmail - 🏆 5. / 92 Read more »
Vancouver plays host to global conference on boosting clean-power growthEnergy ministers and top officials from 25 countries, industry executives and non-governmental agencies gathered in the city for the10th annual Clean Energy Ministerial and fourth Mission Innovatio…
Source: VancouverSun - 🏆 49. / 61 Read more »