Saturday , 27 December 2025

Recent Posts

Encana investor blasts ‘discriminatory’ US plan

Bloomberg One of the largest Encana Corp shareholders says the oil and natural gas producer’s plan to move to the US is “highly discriminatory” against Canadian investors. Letko, Brosseau & Associates Inc, which has a stake of about 4%, will vote against Encana’s plan to relocate to the US, the investor said in a statement. The Montreal-based firm says the …

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California deepens fight against fossil fuel with new drilling ban

Bloomberg California intensified its battle against fossil fuels by seeking independent reviews of all pending hydraulic fracturing permits and halting approvals of a key production technique in an area that has pumped crude for more than a century. Governor Gavin Newsom ordered regulators to assess the safety of high-pressure steamflooding, a production process that has been linked to recent oil …

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New Jersey doubles down on offshore wind power

Bloomberg New Jersey Governor Phil Murphy is doubling his state’s offshore wind power goal as he competes with New York and elsewhere to jump start an industry expected to create thousands of jobs. New Jersey plans to install 7.5 gigawatts of offshore wind by 2035, up from a previous target of 3.5 gigawatts by 2030. It will be enough for …

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