+ Baker Hughes Inc. suspended operations in Iraq, issued Force majeure notices to customers, claiming employees and facilities at risk due to local resident protests in Basrah
+ Bellatrix Exploration Ltd closed its transaction – a JV with Troika Resources Private Equity Fund; $240 million
+ Birchcliff Energy Ltd. announced its 2014 CapEx Budget is $275 million
+ CNOOC Limited/Nexen Energy ULC entered agreement with BC Government to examine viability of an LNG export facility at Grassy Point near Prince Rupert; acquired site for $12 million
+ Finance Minister Flaherty predicting federal government surplus of $3.7 billion for 2015-16
+ Government of Canada has committed $2.8 billion to contribute to flood aid in Alberta relating to June/2013 floods; Alberta was seeking $3.1 billion …. and no word on when payment will occur
+ IKEA agreed to acquired 46MW Oldman 2 Wind Farm from Mainstream Renewable Power for $90 million
+ International Energy Agency predicting U.S. self sufficiency in oil over next two decades as a result of shale oil growth
+ JPMorgan Chase agreed to a US$4.5 billion settlement with regulators over its involvement in scheme to sell shaky mortgage-backed securities (part of earlier announced $13 billion settlement)
+ Novus Energy Inc. got shareholder approval of its $320 million acquisition by Yanchang International (Canada) Limited
+ PetroChina and China National Petroleum Corp. agreed to acquire Petrobras’s Peruvian oil & gas assets for US$ 2.6 billion
+ REITrag .. monthly newsletter and website archive – everything that is happening in the REIT industry, of interest to anyone investing in or doing business with REITs
+ OILSANDS Bulletin– monthly newsletter, website archive, employment marketplace for oilsands news, technology, employment and much more
INFRASTRUCTURE / P3 / GREEN
+ Alterra Power Corp. agreed to acquired the 49% of 62MW JimmieCreek run-of-river hydro project it did not already own agreed to sell 100% of its power to BC Hydro for 40 yrs.
+ Aecon Group Inc/ACS Dragados Canada Inc. JV awarded $177 million contract for Eglinton Crosstwon LRT project in Toronto
+ IKEA agreed to acquired 46MW Oldman 2 Wind Farm from Mainstream Renewable Power for $90 million
+ Calgary Homeless Foundation planning 30 unit building in the Beltline; also pursuing acquisition of two other sites
+ Infrastructure Ontario and CambridgeMemorialHospitalissued an RFP – to build and finance hospital and redevelopment project
FACILITYCalgary current week data posted every Tuesday morning
CONVERSATIONS
FACILITYCalgary Publisher Mark Kolke visits with interesting Calgarians - to catch a glimpse of what drives them, how they see the world and what they see in Calgary's future - and shares what caught his attention.
This week's conversation with Ron Kurczaba from Riddell Kurczaba Architecture Engineering Interior Design Ltd.
Last week's conversation with Cathy Martin from Hampson-Russell Software
