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How are Saskatchewan oil and gas companies preparing for the future?

From globalnews.ca

Federated Co-op Limited (FCL) provided a glimpse this week into what might be the future for oil and gas in Western Canada. On Tuesday, the co-operative announced they struck a $264-million deal to purchase 181 Husky retail fuel sites from Cenovus Energy Inc. During the announcement, FCL stated that the acquisition will support their vision of reducing their impact on the environment. “This puts FCL in a position to move forward with initiatives that take a leadership role in the transition to a low-carbon economy,” said FCL CEO Scott Banda on Tuesday. Those initiatives include their commitment to reduce greenhouse ... (full story)

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  • Category: Fundamental Analysis