husky

High risk of Covid-19 infection in crowded places has led Husky Energy to suspend construction of a C$2.2 billion ($1.6 billion) expansion at its White Rose ocean oil production site, 350 kilometers offshore of Newfoundland.

One of Calgary’s premier oil and gas companies, Husky Energy Inc., has launched a hostile takeover for crosstown oilsands producer MEG Energy Corp.

Husky Energy Inc. said a piece of flexible pipe attached to subsea equipment off the Atlantic Coast of Newfoundland leaked a large amount of natural gas on Monday, but there were no injuries and the company is investigating the cause of the leak.

In a strategy aimed at flexibility and better meeting market demands, Alberta-based Husky Energy Inc. plans to make a $300 million investment in upgrades at its Lima Refinery in northwest Ohio that would enable it to process heavy crude oil from Western Canada.

At the just concluded AirVenture 2013 air show in Oshkosh, WI, a first-ever dual fuel compressed natural gas (CNG) powered aircraft was introduced by Aviat Aircraft Inc. and the Minneapolis-based Aviation Foundation of America Inc.

A 2-3% decline in North American natural gas production may be forcing industrial and utility consumers to reduce gas consumption this year, according to a report by Lehman Brothers.