AGP Executive Report
Last update: 8 hours agoOffshore Oil: Suncor agreed to sell its stakes in Terra Nova, White Rose and West White Rose off Newfoundland and Labrador, sharpening its focus on oil sands and stepping up share cancellations. Alberta Gas: Pine Cliff Energy expanded its central Alberta drilling program and secured a new credit facility, while keeping its annual capital budget unchanged. LNG Growth: Construction has begun on LNG Canada’s Phase 2, adding momentum to the country’s export ambitions. India Trade: Canada’s largest trade delegation to India in more than 30 years is pursuing partnerships in clean energy and critical minerals as CEPA talks continue. Newfoundland Development: Shell is taking a 30% stake in Equinor’s proposed Bay du Nord oil project, deepening its Canadian offshore commitment. Household Energy: Ottawa announced a $2-billion program to help retrofit one million homes, including support for heat pumps, to lower energy costs and emissions.
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