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TC Energy seeking $15B in damages from US after revocation of Keystone XL Presidential Permit

Green Car Congress

Canada-based TC Energy Corporation has filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit.

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Government of Canada approves $11B Pacific NorthWest LNG Project

Green Car Congress

The Federal Cabinet of the Government of Canada approved the $11-billion Pacific NorthWest LNG Project following completion of a federal environmental assessment. The facility would liquefy and export natural gas produced by Progress Energy Canada Ltd. in northeast British Columbia. For example, Pacific NorthWest LNG Ltd.

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Cummins to acquire fuel-cell provider Hydrogenics

Green Car Congress

has entered into a definitive agreement to acquire, through a wholly-owned subsidiary, all the issued and outstanding shares of fuel-cell systems provider Hydrogenics Corporation for US$15.00 LLC is serving as financial advisor, and Gowling WLG (Canada) LLP and Barnes & Thornburg LLP are serving as legal counsel to Cummins.

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ElectraMeccanica and Tevva to merge; targeting electric commercial trucks in UK, Europe and US

Green Car Congress

The proposed transaction will be completed, subject to the definitive arrangement agreement, by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia), whereby a newly formed British Columbia corporation (Tevva, Inc.), Canada Ltd. Greenhill & Co. Snell & Wilmer L.L.P.,

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Calumet’s Montana Renewables became the largest SAF producer in North America in Q2

Green Car Congress

Approximately 50% of renewable diesel production is currently being sold into Canada; all of the SAF is being delivered to Shell Aviation; and the renewable hydrogen plant capacity was demonstrated. In November 2021, Montana Renewables was separated both legally and commercially from Calumet Specialty Products Partners, L.P.,

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IHS Markit: US oil producers to halt 1.75 MMb/d per day of production; Canada to cut 0.5 MMb/d

Green Car Congress

Canada, hit by its own economic and storage issues, is set to cut an additional 500,000 b/d from its production. Private ownership involves a complex web of legal implications for hundreds of thousands of individual lease contracts and millions of stakeholders. However, nearly 1.4 Over the past decades, the industry has specialized.

Oil 186
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Agreements reached on trans-Guinean infrastructure in milestone for Simandou iron ore project

Green Car Congress

Simandou, the world’s largest known undeveloped supply of high-grade, low-impurity iron ore, will strengthen Rio Tinto’s portfolio by complementing our existing Pilbara and Iron Ore Company of Canada products. Aerial view of Simandou project.

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