FINWIRES · TerminalLIVE
FINWIRES

Canada Trade Minister Heads to Washington for USMCA Energy Talks With US Trade Representative

By

Canada-US Trade Minister Dominic LeBlanc and chief US negotiator Janice Charette are heading to Washington Tuesday to meet US Trade Representative Jamieson Greer, with LeBlanc stressing the importance of maintaining the "highly integrated North American energy market," Bloomberg reported Monday.

The visit comes ahead of a Monday deadline for Greer to notify Congress of US intentions for the USMCA review, one month before the July 1 review date.

No date has been set for Canada's bilateral trade talks with Washington, even as US and Mexican negotiators began formal discussions last week.

Ahead of the Washington trip, LeBlanc and Energy Minister Tim Hodgson met with Canadian oil and gas sector leaders on Monday, focusing on preserving cross-border energy ties that support jobs and energy security on both sides of the border, the report said.

About 90% of Canada's crude exports went to the US last year.

Related Articles

Equities

Venture Global Prices $2.25 Billion in Senior Secured Notes to Refinance Existing 2028 Debt

Venture Global (VG) has priced $2.25 billion in senior secured notes through its subsidiary Venture Global LNG, split between $1.125 billion of 6.375% notes due 2034 and $1.125 billion of 6.625% notes due 2036, in a private offering to qualified institutional buyers, the company said Monday.The company plans to use the proceeds to redeem all outstanding 8.125% senior secured notes due 2028, with cash on hand covering the redemption premium and related fees. The offering is expected to close on June 11.

$VG
Equities

Hallador Energy to Acquire Siemens Gas Turbines for $350 Million to Advance Merom Project

Hallador Energy (HNRG) agreed to acquire about 460 megawatts of Siemens gas turbines, generators and related equipment from Energy World for $350 million, supporting development of its proposed Merom natural gas-fired combustion turbine project, the company said late Monday.Hallador also estimates transportation, refurbishment, insurance and logistics costs of about $100 million for the delivery of the equipment.The equipment acquisition secures critical long-lead assets in a constrained turbine market and could allow the Merom project to begin generating revenue between late 2028 and mid-2029, the company said.Hallador said it will make a final investment decision after completion of the MISO Expedited Resource Addition Study, expected in September.

$HNRG
Equities

Epsilon Energy Keeps Quarterly Dividend at $0.0625 per Share, Payable June 30 to Shareholders of Record June 15

$EPSN