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Resources & Agriculture

Japan’s Sumitomo invests in B.C. critical minerals project

Japan’s Sumitomo invests in B.C. critical minerals project

Sumitomo investing up to $8 million in nickel-magnesium exploration in Cariboo region
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There’s war raging in two oil-producing regions. Why aren’t we facing a price shock?

There’s war raging in two oil-producing regions. Why aren’t we facing a price shock?

While the global oil market has many facets, the commodity’s newfound steadiness can be partly explained by the changing geopolitics of oil
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An update on LNG applications in Delta

An update on LNG applications in Delta

The expansion is intended to improve resilience of the FortisBC system to disruptions and would allow for increased LNG storage
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Global refinery market weakness hits Parkland Corp.'s Burnaby refinery

Global refinery market weakness hits Parkland Corp.'s Burnaby refinery

CALGARY — Fuel retailer Parkland Corp. has lowered its full-year earnings forecast as sluggish market conditions continue to take a bite out of margins at the company's Burnaby, B.C. refinery.
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B.C.'s late entry to LNG market carries 'significant economic risk': U.K. report finds

B.C.'s late entry to LNG market carries 'significant economic risk': U.K. report finds

Unsanctioned B.C. LNG projects were forecast to produce gas 26% more expensive than the global average, and up to 80% pricier than bulk producers like Qatar — raising questions over whether the province can recoup its investments.
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Parkland Corporation earns $91 million in third quarter, down from a year earlier

Parkland Corporation earns $91 million in third quarter, down from a year earlier

CALGARY — Parkland Corp. says it earned $91 million in the third quarter, down from $230 million during the same quarter a year earlier. Revenues for the quarter ended Sept. 30 were $7.1 billion, down from $8.7 billion.
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Precision Drilling expects rig demand growth with LNG Canada startup

Precision Drilling expects rig demand growth with LNG Canada startup

CALGARY — Precision Drilling Corp.
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B.C. groups’ bid to classify Alaskan fishery as unsustainable rejected

B.C. groups’ bid to classify Alaskan fishery as unsustainable rejected

Evidence in the complaint prompted Canadian-based OceanWise to pull its 'sustainable' recommendation for southeast Alaska salmon over the summer
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Asian market for Canadian wood products in decline

Asian market for Canadian wood products in decline

Japan is becoming more self-sufficient for timber and lumber
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The world is running low on cheap wood, B.C. wood summit hears

The world is running low on cheap wood, B.C. wood summit hears

Shrinking global log supply could be good for lumber producers in the coming years
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