Industry News
ABB will integrate the Baldor Electric Company name into its global ABB brand as a part of its Next Level strategy, which includes harmonizing different ABB-owned brands under the global ABB master brand. Beginning March 1, 2018, Baldor Electric Company, a member of the ABB group for more than seven years, will be known as ABB.
Energy, Mines and Petroleum Resources Minister Michelle Mungall has established a B.C. Mining Jobs Task Force that will review exploration and mining in the province and find ways to strengthen this important industry.
Ottawa – British Columbia and Alberta will still be performing well this year and will be joined by Prince Edward Island, and Newfoundland and Labrador for the strongest economic growth this year, according to The Conference Board of Canada’s Provincial Outlook: Winter 2018.
Barnstaple, Devon – Parker Hannifin Corporation, the global leader in motion and control technologies, has signed a new Enterprise Framework Agreement (EFA) with Shell for the provision of instrumentation valves, manifolds, process-to-instrument valves, fittings, tubing, protective enclosures and related products. As per the EFA spanning 4 years, Parker’s Instrumentation Group will supply a broad range of process instrumentation products to Shell and its affiliates worldwide.
The year 2017 brought with it upward pressure on mineral and metal prices, returning a cautious optimism to the global mining industry. Pending the right conditions, Canada could seize significant growth opportunities in mining in the years ahead, according to the Mining Association of Canada’s (MAC) latest report on the health of the sector.
The Mining Association of Canada (MAC) expressed disappointment that Budget 2018 contains few measures to enhance the competitiveness of Canadian business.
The consortium behind the CLEER supercluster proposal remains committed to transforming Canada’s mining industry through innovation, despite not being amongst the five projects selected by Innovation, Science and Economic Development Canada for supercluster funding.
Toronto – The Prospectors & Developers Association of Canada’s (PDAC) 2018 Convention, a premier mineral exploration and mining event in Toronto (March 4-7) marks its 86th year.
Ottawa – Rising government costs, the burden of inefficient regulations, and the lack of infrastructure to move Canadian energy to growing markets are all undermining investor confidence in Canada and negatively affecting the country’s ability to attract the capital needed to create jobs and national prosperity, according to A Global Vision for Canadian Oil and Natural Gas, the first in a series of economic reports to be released by the Canadian Association of Petroleum Producers (CAPP) in 2018.
Calgary - Imperial has notified regulators and customers of a potential fuel quality issue in aviation gasoline (sometimes referred to as "avgas" or "100 low lead") shipped from Strathcona refinery since Dec. 28, 2017.
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