S Energy
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Pieridae Releases Q2 2021 Results
Key Highlights: Natural gas production of 194 mmcf/day in the quarter Total production of 38,404 boe/day Petroleum and natural gas revenue of $71.4 million, an increase of $17.1 million or 32% compared to the same quarter in 2020 Cash flow from operations of $12.1 million Net Operating Income1 (“NOI”) of $14.4 million and Adjusted Funds […]
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‘Nova Scotia Block’ of Clean Energy Set to Flow Across Maritime Link This Month
Official start of delivery of Muskrat Falls block of energy to Nova Scotia marks key milestone in the Maritime Link project. HALIFAX, Nova Scotia— NSP Maritime Link Inc. (NSPML) announced today that Nalcor Energy will commence delivery of the ‘Nova Scotia Block’ of clean energy from the Muskrat Falls hydroelectric project through the Maritime Link […]
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Happy Cones, Canada’s First Solar-Powered Ice Cream Trailer
Happy Cones is a solar-powered ice cream trailer created, owned, and operated by high school students, and designed to promote the incredible benefits of solar energy while providing youth summer employment. Antigonish, Nova Scotia, July 2021, Happy Cones, the solar-powered ice cream trailer, could very well be the first of its kind in Canada. Happy […]
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Nunatsiavut Government continues to make progress on advancing energy security
The Nunatsiavut Government is seeking proposals to develop 20-kilowatt solar projects in the communities of Nain, Hopedale, Postville and Rigolet. Once completed, the projects will produce nearly 70 megawatt hours of clean electricity a year and reduce harmful greenhouse gas emissions by over 60 tonnes – equivalent to displacing about 20,000 litres of diesel annually. […]
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Investing in Indigenous Clean Energy Projects in Newfoundland and Labrador
From: Natural Resources Canada May 19, 2021 Nunatsiavut, Newfoundland and Labrador Natural Resources Canada Canada is investing in community-led clean energy projects with rural and remote Indigenous communities to develop innovative solutions that will displace fossil fuels, advance reconciliation and self-determination, and combat climate change. Yvonne […]
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NS Government: Amendments to Electricity Act Create New Renewable Energy Opportunities
April 7, 2021 The province is creating new pathways to clean, renewable energy sources with amendments to the Electricity Act introduced today, April 7, by Energy and Mines Minister Chuck Porter. “Nova Scotia is a national leader in fighting climate change and we have set some of the most ambitious greenhouse gas emission reduction goals […]
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Prairie Provinces to lead Canada in renewable energy growth
March 23, 2021 – Canada Energy Regulator Canada’s Prairie Provinces will lead the country’s growth in renewable energy capacity over the next three years, says a new report by the Canada Energy Regulator (CER). The online report, titled Canada’s Renewable Power, says decreased reliance on coal and substantial increases in wind and solar capacity will increase […]
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Clean energy to strengthen the economy and communities in Newfoundland and Labrador
December 17, 2020 Investing in infrastructure and clean energy is key to building strong communities, and a more sustainable and resilient economy. As an important part of Atlantic Canada’s clean energy future, the Lower Churchill Projects will provide a reliable and long-term source of clean power for people in the Atlantic region, and especially in […]
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Pieridae 2021 Guidance
Highlights: Net operating income (“NOI”)1 growth to $100-$130 million Adjusted Funds Flow From Operations (“AFFO”)1 increase to $80-$110 million Adjusted operating expenses1 of $9.50-10.50/boe Production of 40,000-45,000 boe/d $45-55 million upstream capital budget $10-$15 million pre-FID Goldboro LNG development expense budget, and post-FID Goldboro LNG capital expenditure budget of $250-$350 million2 Commodities hedging of 55-65% on […]
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Export of Canadian Hydropower to the United States – First Nations in Québec and Labrador Unite to Oppose Hydro-Québec Project
WEMOTACI, QC, Dec. 3, 2020 – Five First Nations in Québec, the Innu of Pessamit, the Atikamekw of Wemotaci, and the Anishnabeg of Pikogan, Lac Simon and Kitcisakik, have joined the Innu Nation of Labrador to oppose Hydro-Quebec’s massive new power transmission corridor to the United States. In two separate briefs addressed to the Canada […]
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