Category Industry Updates

Without further commitments, USW will not support Glencore’s takeover of Teck’s metallurgical coal operations in British Columbia

On behalf of four USW locals, representing more than 4,000 Teck employees in British Columbia, USW Western Canada Director Scott Lunny, has reserved syndicate support for the sale of Teck’s metallurgical coal operations (Elk Valley Resources) to Glencore plc, a…

Read MoreWithout further commitments, USW will not support Glencore’s takeover of Teck’s metallurgical coal operations in British Columbia

Duke Energy and Piedmont Natural Gas Partner with Regional Better Business Bureaus to Protect Customers from Scams

Threatening phone calls, fake webpages and bogus QR codes are among the growing list of tactics used by scammers, and while the methods may differ, the motive is always the same, which is to deprive customers of their money or…

Read MoreDuke Energy and Piedmont Natural Gas Partner with Regional Better Business Bureaus to Protect Customers from Scams

GE Announces Boards of Directors for Future Independent GE Vernova and GE Aerospace 

 GE (NYSE:GE) today announced the Boards of Directors for GE Vernova—the planned independent public company that will be created following its spin-off from GE—and GE Aerospace.(1) GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr., said, “We’ve…

Read MoreGE Announces Boards of Directors for Future Independent GE Vernova and GE Aerospace 

Electric Era Launches the First Commercial Installation of Its PowerNode™ Electric Vehicle Charging Stations

–Electric Era Technologies, a leader in revolutionizing the world’s EV fast charging infrastructure with its proprietary PowerNode EV fast charging stations, today announced the launch of the first of more than 10 commercial installations across the United States this year, with a…

Read MoreElectric Era Launches the First Commercial Installation of Its PowerNode™ Electric Vehicle Charging Stations

Altius Reports Q3 2023 Attributable Royalty Revenue of $17.8M and Adjusted Earnings(1) of $2.6M

Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) reports third quarter revenue of $15.2 million compared to $25.9 million for the same period in 2022, while attributable royalty revenue(1) of $17.8 million ($0.38 per share(1)) compares to $26.2 million…

Read MoreAltius Reports Q3 2023 Attributable Royalty Revenue of $17.8M and Adjusted Earnings(1) of $2.6M

Pioneer Natural Resources Declares Fourth Quarter Dividend on Common Shares

Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of $3.20 per common share. The dividend is payable December 22, 2023, to stockholders of record at the close…

Read MorePioneer Natural Resources Declares Fourth Quarter Dividend on Common Shares

Cheniere and Foran Energy Group Sign Long-Term LNG Sale and Purchase Agreement

Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that Cheniere’s subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Foran Energy Group Co. Ltd.…

Read MoreCheniere and Foran Energy Group Sign Long-Term LNG Sale and Purchase Agreement