Energy Energy

Alberta Court gives Cabinet 10 days to decide on oil sands project

The Court found an unjustified 19-month delay to be “abusive” and ordered Cabinet to decide within 10 days whether to approve Prosper Petroleum...

ASC clarifies expectations relating to production disclosure by oil and gas issuers

In its annual Oil and Gas Review published on December 23, 2019, the Alberta Securities Commission (ASC) highlighted concerns related to production...

Turning the Page? SNC Pleads Guilty to Fraud Relating to Libya Work; Former Executive Sentenced for Fraud, Corruption

On December 18, 2019 a division of SNC-Lavalin Group Inc. pleaded guilty to fraud  in relation to the company’s activities in Libya, to...

Exxon wins first climate change disclosure securities fraud case

On December 10, the New York Supreme Court released its decision in the ExxonMobil securities fraud case. The New York Attorney General had alleged...

Should you be retaining lien holdback under your repair or maintenance contract?

Stakeholders should pay close attention to the type of work under their maintenance or repair contracts, in order to determine if materials or...

International Chamber of Commerce releases 2020 update to its standardized international trade terms

The ICC recently released the 2020 update to its standardized international trade terms (Incoterms 2020). Incoterms 2020 builds on the most recent...

The more things change, the more they stay the same: Alberta revamps carbon pricing regime for large emitters

The Alberta government introduced Bill 19, the Technology Innovation and Emissions Reduction Implementation Act, 2019 as well as the Technology...

Competition Tribunal confirms business justification is the paramount consideration in an abuse of dominance case

On October 17, 2019, the Competition Tribunal (Tribunal) rendered its decision in CT-2016-015 Commissioner of Competition v. Vancouver Airport...