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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. The price represents a premium of. OPTI Canada Inc.
FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. million shares of common stock at a price $3.35 per annum for construction-period financing and 8.0% The warrant has a term of three years. The interest rate is 8.5%
Westport and CWI natural gas powered vehicles sold since 1 January 2009 will be eligible for carbon credits based on an agreed price per tonne. Vehicles sold to fleet owners in various countries worldwide including the USA, Australia, Canada and China will be included in the WCP.
In today’s context of the global energy crisis, skyrocketing fossil fuel prices, energy security challenges and ambitious climate commitments, I believe nuclear power has a unique opportunity to stage a comeback. There is increased support and interest in Canada, France, the United Kingdom and the United States for this promising technology.
Lightsource bp financed, owns and operates Bighorn Solar and sells the electricity it generates to Xcel Energy under a 20-year power purchase agreement. As part of that arrangement, EVRAZ will receive clean, renewable power and price certainty from Xcel Energy through 2041.
The Government of Canada will purchase Kinder Morgan’s Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 billion); Kinder Morgan has agreed to work with the Government of Canada to seek a third-party buyer for the Trans Mountain Pipeline system and TMEP. —Bill Morneau, Minister of Finance.
Canada-based Neo Lithium Corp. Limited (CATL), whereby CATL, through a subsidiary controlled by CATL, subscribed for 10,217,503 common shares of Neo Lithium at a price of C$0.84 NLC) announced the closing of a previously announced equity investment by China-based Contemporary Amperex Technology Co.
Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. Sprott invested CDN$3.75
Canada-based Osum Oil Sands Corp. The financing was led by a combination of new and existing shareholders. million callable common share purchase warrants, each exercisable into one common share at any time without conditions by Osum, at a price of $12.50 Credit Suisse Securities (Canada), Inc., Scotia Waterous Inc.
Co-ordinated through ABB EL Ventures, the investment forms part of ChargeLab’s $15-million Series A financing. Key capabilities of the ChargeLab platform include automated monitoring of EV chargers, pricing and access rules, EV driver payment processing, and electrical load balancing. EV charging in the next decade will be about scale.
million private placement of common shares from affiliates of each of I2BF Global Ventures and Arbat Capital Group at a price of C$0.38 The financing will be used primarily to expand Nesscap’s operations in South Korea. Ultracap company Nesscap Energy Inc. closed a US$8.5 per common share.
a US-listed and South American-based global exploration company in the lithium and minerals sector, executed a Securities Purchase Agreement with POSCO Canada Ltd., Li3 Energy, Inc., a wholly-owned subsidiary of South Korea-based POSCO, one of the largest steel manufacturers in the world.
Prepared under the guidance of an Advisory Group including stakeholders from industry, academia, the environmental sector and government, Destination Sustainability focuses on North-South (and equally, South-North) freight transportation between Canada, Mexico and the United States. Funding transportation infrastructure and pricing its use.
These are expected to lead to a net cash purchase price of $3.8 billion (subject to post closing adjustments), compared to purchase price of $4.4 billion is a non-cash item relating to finance ship leases. mtpa of LNG to Repsol’s Canaport LNG terminal in Canada over a period of 10 years. billion, compared to $1.8
reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”. Warrants granted to GM at closing to acquire newly issued shares in the New GM equal to 15% of its outstanding common equity, with various exercise prices and expirations. General Motors Corp.
Members can download the Maven app to view pricing by market in real time for Maven Reserve. Maven is a flexible mobility platform that provides members multiple offerings and pricing structures. Maven Reserve allows members to select from wider range of pricing options including hourly to daily or monthly.
Springing for luxury items just isn’t in the cards for most of us, despite the lavish recompense* deigned upon us by our corporate overlords in Downtown Canada. Beyond that, they suggest making a down payment of at least 20 percent and financing the thing for no more than four years. note: the recompense isn’t actually lavish at all).
The price of D3 RINs has already increased about 30% to $2.85 The June 21st announcement by the federal EPA of the Renewable Volume Obligation for years 2023, 2024 and 2025 significantly increased the mandate for the D3 Renewable Identification Numbers (RINs) generated by RNG. Each MMBtu of dairy RNG generates 11.7
Tesla is dominating Canada’s iZEV rebate program that rewards drivers for choosing to buy a clean energy vehicle. The iZEV program in Ottawa, for example, offers $5,000 rebates for both BEVs and PHEVs (plug-in hybrids), as long as the base price of the vehicle is less than $55,000 for sedans and $65,000 for SUVs, minivans, and pickups.
As a result, the Redhill is engaging in a private placement financing the proceeds of which will fund its financial obligations resulting from the agreement. Redhill will issue a total of 8,000,000 post-consolidation units at a price of $0.15 If Redhill’s share price closes at or above $1.00
This partnership and funding will accelerate Nano One’s multi-cathode (multi-CAM) commercialization strategy and support cathode active materials (CAM) manufacturing in Canada for a cleaner and more efficient battery supply chain for North American and overseas markets. for a period of 12 months from the date of issuance.
per share in cash, a 49% premium over the closing price on 31 December 2012, representing a total transaction value of approximately $500 million. Avis Budget Group expects to fund the purchase price primarily with incremental corporate debt borrowings, as well as available cash. Source: Avis Budget. Click to enlarge. Click to enlarge.
The OECD, the Organisation for Economic Co-operation and Development formed in 1960 when 18 European countries plus the US and Canada joined forces to create an organization dedicated to global development. Price-based measures can play a fundamental role in addressing the high cost of green vehicles relative to conventional ICE vehicles.
This interactive website is the first of its kind in Canada that allows users to compare gas and electric cars and, based on their driving habits and budget, find the electric vehicle (EV) model that works best for their lifestyle. A database of electric vehicle (EV) incentives offered in Canada.
announced positive results from an independent feasibility study conducted on its permitted cobalt refinery in Ontario, Canada. Discussions underway with Glencore on commercial arrangements, financing and allocation of project economics; third party and government funding opportunities also under review. Cobalt Price. $25/lb.
The closing of the JMBM agreement completes the financing of the Phase 1 Plant. The price of soda ash fluctuates considerably and the increase in the price of lithium carbonate and lithium hydroxide in recent years has been a direct result of increasing prices of soda ash.
Previous, Finance Minister Chrystia Freeland stated Canada used to be having “good discussions” with Stellantis, next a newspaper reported that automaker used to be in search of higher executive subsidies than firstly presented through Ottawa. Canada’s trade in with Volkswagen for a battery gigafactory in St.
Canada-based Sigma Lithium Corporation ( earlier post ) has begun construction on site to build the foundation and infrastructure installation of its greentech dense media separation production plant, at its wholly owned Grota do Cirilo project in Brazil. is expected to complete earthworks and the concrete plant drainage channels.
million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. Light vehicle sales in Canada set an annual record in 2014 that is scheduled to be broken once again in 2015.
Dilawri is the first automotive group of dealers in Canada to make this bold step to engage and educate consumers in a new way with EV experts from Plug’n Drive. This initiative will serve as an engaging community hub, providing valuable information on the environmental and economic benefits of driving electric in Canada.
But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. If, between 2011 and 2015, investment in the MENA region runs one-third lower than the $100 billion per year required, consumers could face a near-term rise in the oil price to $150/barrel. Click to enlarge. Electric vehicles.
New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. This reflects anticipated shifts within the US truck-buying industries primarily, but Canada and Mexico are likewise seen with significant declines in 2020 demand.
OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. Their share of OPEC output increased to 26.6 percent from 10.2
The chief executive of Syrah Resources, Shaun Verner, shared a bit about graphite pricing and funding for new projects. Verner commented that the graphite market lacks transparency when it comes to pricing, leading bankers to hesitate when it comes to funding new graphite-related projects. Graphite Supply.
is expected to price its initial public offering (IPO) later today, November 9, 2021. Rivian has disclosed that it is targeting a valuation above $60 billion in its IPO, with shares priced between $57 and $62. The Finances So Far. Rivian Automotive Inc. Morgan Stanley, Goldman Sachs, and J.P. Target Valuation.
After announcing massive price cuts on its Ocean electric SUV last month, Fisker looks to grow its dealer network. Fisker adds new dealers as price cuts roll out After missing an interest payment and expressing “substantial doubt” in its ability to continue operations in March, Fisker announced it paused production for six weeks last month.
Lately, though, the race has been red-flagged as lithium prices have plummeted by over 80% since early 2023. This has been driven by oversupply and weaker-than-expected demand for EVs, impacting profitability and financing across the sector. This slowdown isn’t just impacting the small players.
Making the right choice could have lasting effects on your daily routine, finances and overall quality of life, whether you’re new to car buying or an experienced veteran. That’s why you should invest time and effort into researching different car models, their features and prices.
Tesla stock ( NASDAQ: TSLA ) popped over six percent on Wednesday after several positive signals elevated the electric automaker’s stock price. On Wednesday, several positive developments triggered a slight increase in Tesla’s share price. We maintain our OUTPERFORM rating and $250 price target. —
Since it provides easy financing for solar PV and energy efficiency, AB 811 fits into all this like a hand-in-glove. I give you a menu with pricing and rebate information for each item recommended and you choose enough to add up to 40% energy savings. La Canada Flintridge. Redondo Beach. West Covina. Santa Monica.
The company’s share price has also been trending downward since 2018, though it has remained mostly flat since October of 2022. While its share price took a dive in 2018, Stroll reeled in new investors and even brought the Aston Martin name back to Formula One (as a distinct entity) after a 61-year absence. Management reported £1.1
The Middle East, Canada, Australia, and New Zealand will follow. BYD’s EVs will be offered with “best-in-class pricing and financing” as the partnership aims to make going electric more affordable for Uber drivers. The alliance will bring 100,000 new BYD electric vehicles onto Uber’s extensive platform.
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. Canada, Europe, and India are now incentivizing local battery production to compete with China—making the gap between supply and demand even greater.
If you check the status of diesel cars, you will find their pricing to be a little higher than gas vehicles. You may have to follow the MPG or miles per gallon rating in Canada. It will suit your fuel and finances, and precious time. Almost seven of 10 provinces exhibit a high preference for this.
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