World’s largest solar panel maker files for bankruptcy
One of the world’s biggest manufacturers of solar panels, Suntech, has declared bankruptcy. According to the Globe and Mail, Suntech Power Holdings defaulted on a payment of $541 million that […]
More warnings about skilled labour shortages in energy sector
Work shortages in the North American energy industry continue to raise concerns. Speaking at the American Fuel and Petrochemical Manufacturers’ annual meeting in Texas, a senior vice president of an […]
Proposed BC oil refinery has economic merit: study
A California consulting firm, Navigant, has found that an oil refinery proposed by David Black to be built on the west coast of Canada “has economic merit and should be […]
US could be free of non-North American oil by 2020
The often-stated goal of becoming energy-independent could become a reality for the United States much sooner than anyone had previously dreamed, according to American oilmen. Drilling for oil and natural […]
Technology supplier announces 18 per cent growth
High-tech supplier Thales Canada, which serves the defence, security, aerospace, and transportation industries, reported annual growth of 18 per cent for 2012, with contracts awarded totaling over $570 million. The […]
Recovery continues as NA car sales head for year 2000 levels
Car sales in North America, which hit a low of 10.4 million units in 2009, have been improving year over year for several years now, and are on track to […]
Drop in manufacturing pushes industrial capacity use down in Q4 2012
A decline in manufacturing is largely responsible for a slide in production capacity for Canadian industries in the fourth quarter of 2012, Statistics Canada reports. Industries operated at 80.7 percent […]
BC refinery close to financing deal
David Black told the BC chamber of commerce that his company, Kitimat Clean Inc., is ready to sign a memorandum of understanding with Oppenheimer Investments Group of Switzerland to finance […]
Clean energy expected to surge as pv costs drop
A report on the global deployment of renewable energy says that the world’s energy from wind, solar and biofuels grew by 1 per cent in 2012, equal to $249 billion. […]
Canadian oil production up; producers turning to railways for shipment
The International Energy Agency (IEA) reports in its monthly report on the oil industry that Canadian producers reached 4.1 million barrels per day in December. Production was spread over the […]
Manufacturing the sole industry showing job losses in February
The February rise in employment in Canada, which saw an increase of 51,000 jobs, was spread across the professional, scientific, and technical services; the accommodation and food services; public administration; […]