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Canada’s struggling energy industry takes stock at annual Stampede party

7 days ago DieselGasoil Comments Off on Canada’s struggling energy industry takes stock at annual Stampede party
CALGARY, Alberta (Reuters) – Frustration is palpable among Canadian energy executives who have flocked to the annual Calgary Stampede celebrations in Canada’s oil capital this week, even though a recent pipeline approval gives them something to celebrate amid the rodeo competitions, corporate parties and pancake breakfasts. FILE PHOTO – President and CEO of Suncor Energy Read More

Husky Energy to Report Second Quarter 2019 Results

1 week ago DieselGasoil Comments Off on Husky Energy to Report Second Quarter 2019 Results
CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) — Husky Energy(TSX:HSE) will release its second quarter 2019 results before markets open on Thursday, July 25, 2019. A conference call will be held the same day beginning at 9 a.m. Mountain Time (11 a.m. Eastern Time). CEO Rob Peabody, COO Rob Symonds and CFO Jeff Hart will Read More

Refinery news roundup: Midwest refineries restart as flood waters recede; planned work ends

1 month ago DieselGasoil Comments Off on Refinery news roundup: Midwest refineries restart as flood waters recede; planned work ends
New York — The Midwest refining complex is getting back to normal as a particularly heavy turnaround season ends and flood waters recede after a spate of heavy rain impacted local operations. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now HollyFrontier restarted the 70,000 b/d East Plant of its Read More

Husky to pay $3.8 million fine for 2016 oil spill in Saskatchewan

1 month ago DieselGasoil Comments Off on Husky to pay $3.8 million fine for 2016 oil spill in Saskatchewan
(Reuters) – Husky Energy Inc said on Wednesday it would pay fines of $3.8 million for an oil spill in Saskatchewan in 2016. A leak was discovered in 2016 on a pipeline operated by Husky’s unit Husky Oil Operations Ltd crossing the North Saskatchewan River, caused by ground movement over time. Husky said it has Read More

Husky Accepts Fines for 2016 Saskatchewan Oil Spill

1 month ago DieselGasoil Comments Off on Husky Accepts Fines for 2016 Saskatchewan Oil Spill
CALGARY, Alberta, June 12, 2019 (GLOBE NEWSWIRE) — Husky entered guilty pleas today on federal and provincial charges related to a 2016 oil spill in Saskatchewan and will pay fines totaling $3.82 million. Husky subsidiary Husky Oil Operations Limited was fined $2.5 million under the federal Fisheries Act and $200,000 for a violation of the Read More

Husky Energy Updates Five-Year Plan and Increases Free Cash Flow Generation Outlook

2 months ago DieselGasoil Comments Off on Husky Energy Updates Five-Year Plan and Increases Free Cash Flow Generation Outlook
CALGARY, Alberta, May 28, 2019 (GLOBE NEWSWIRE) — Husky Energy (TSX:HSE) will hold its Investor Day in Toronto today to review and update its five-year plan. With a focus on generating increased free cash flow, Husky’s plan shows reduced capital spending to achieve an annual average of $3.15 billion for 2019 – 2023 versus the Read More