Jim Prentice News
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Canada is pulling ahead of the U.S. in a contest to be the first exporter of liquefied natural gas from the North American shale bonanza to Asia’s $150 billion LNG market.
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Canadian companies such as natural gas producer Encana Corp. risk being left behind in the race to supply Asian markets as Australia and other countries get there first.
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Canada must diversify its trade toward Asia because it has become too reliant on the U.S., Jim Prentice, vice chairman of Canadian Imperial Bank of Commerce, said.
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Canadian Environment Minister Jim Prentice said he will make an announcement aiming to reduce greenhouse-gas emissions from coal-powered energy facilities within days.
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Canada should build oil and gas links to Asia as the government reviews Cnooc Ltd.’s bid for Nexen Inc., said Jim Prentice, vice chairman of Canadian Imperial Bank of Commerce and an ex-industry minister.
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Canadian Environment Minister Jim Prentice announced the country will phase in greenhouse-gas emissions standards for coal-powered energy facilities to give the industry time to adopt cleaner technologies.
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Canadian Environment Minister Jim Prentice is stepping down at the end of the year to become a vice chairman at Canadian Imperial Bank of Commerce .
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Canada’s top executives are urging Prime Minister Stephen Harper’s government to approve Cnooc Ltd.’s takeover of Nexen Inc. while calling on it to curb foreign companies’ power to buy Canada’s biggest oil and gas producers.
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Canada is “barely on the radar’ for trade in growing Asian markets, Jim Prentice, vice chairman of Canadian Imperial Bank of Commerce, said.
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Canada said offshore drilling won’t go ahead without measures to limit oil spills such as the one in the Gulf of Mexico, the Globe and Mail reported.
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