AGP Executive Report
Last update: an hour agoShell’s Canadian Expansion: Shell reported US$10.8 billion in third-quarter adjusted earnings and confirmed a final investment decision on LNG Canada Phase 2, alongside a US$5-billion share buyback. Federal Oversight: Auditor General Karen Hogan is set to report on federal efforts to cut greenhouse gas emissions and advance a thermal-coal export ban. Oil Exports: The Commons voted down a Conservative bid to repeal the B.C. North Coast tanker ban, while Alberta urged Ottawa to lift it and open Prince Rupert to crude exports. Upstream Deals: Ovintiv agreed to buy Logan Energy for $890 million, as Canada’s largest oil and gas driller prepares for a busy winter. Power Demand: Alberta’s regulator approved a power plant for an Edmonton-area data centre. Energy Costs: The Bank of Canada raised its key rate to 2.5%, citing persistent inflation and warning further hikes may be needed.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
