Suncor Energy confident in East Coast Canada energy future: moves forward with Terra Nova Asset Life Extension

Suncor Energy confident in East Coast Canada energy future: moves forward with Terra Nova Asset Life Extension
  CALGARY – Suncor today announced that the co-owners of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility and associated Terra Nova Field have finalized the agreement to restructure the project ownership and move forward with the Asset Life Extension Project. Suncor, Cenovus and Murphy Oil, now control 100% of the project with the following increased ownership positions:... Read More

Nexii becomes fastest Canadian company to reach unicorn status

Nexii becomes fastest Canadian company to reach unicorn status
  VANCOUVER – Canadian green construction technology company, Nexii Building Solutions Inc., today reported it has reached unicorn status in under thirty-one months. This makes Nexii the fastest company to reach this milestone in Canadian history. To date, Nexii’s total equity raised is over $109M USD ($125M CAD) with post-money valuation on its last raise of $1.23B USD ($1.55B CAD).... Read More