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Stocks dip as oil prices and energy companies fall sharply

Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. Stock indexes finished an indecisive week with small losses.


Aecon decision suggests infrastructure deals to face deep security reviews

The federal government’s decision to block a Chinese state-owned company’s proposed $1.5-billion takeover of Aecon Group Inc. signals Canada’s infrastructure sector wants special security protection.


Vancouver files claim over 2015 fuel spill in English Bay

Vancouver Mayor Gregor Robertson says the city has filed a federal court claim against the owner of a vessel that spilled fuel into English Bay in 2015, as part of the city’s continuing effort to get compensation for its response efforts.


Crews cleaning up oil spill at Kinder Morgan station north of Kamloops, B.C.

Crews using an emergency response trailer and vacuum trucks are working to clean up a crude oil spill at a Kinder Morgan station north of Kamloops, B.C.


China factory index at 19 month low as holiday slows work

China’s manufacturing activity weakened to its lowest level in more than a year and a half as the extended Lunar New Year holiday curtailed production.


Poll says Ontarians support Bruce Power’s life-extension program

Eight out of 10 Ontarians supported the refurbishment of the Bruce Power reactors allowing them to continue to provide low cost electricity to Ontario homes and businesses.


U.S. durable goods orders drop but key category shows strength

Orders for long-lasting manufactured goods fell in April amid weaker demand for aircraft. But a key category that tracks business investment rose after sliding in March – a sign of health for American industry.


EPTDA London 2018 convention registrations now open

The EMEA Power Transmission Distributors Association (EPTDA), the leading organization for the mechanical Power Transmission and Motion Control (PT/MC) industry in EMEA, has opened registrations for its 21st Annual Convention held in London, September 26 – 28, 2018
 
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Feature

ABB launches the world’s first digitally integrated power transformer

All power transformers leaving ABB factories will soon come enabled with digital capabilities, enabling remote monitoring and data analytics of its vital parameters in real time. This will enhance reliability and enable higher utilization of grid assets and power networks. » Read More
 
Events 
 

Operational Excellence in Energy, Chemicals & Resources Summit

Date: June 4 - 6, 2018
Location: Calgary, Alberta
» more info

IMTS – International Manufacturing Technology Show

Date: September 10 - 15, 2018
Location: Chicago, IL
» more info

MainTrain 2018

Date: September 24 - 27, 2018
Location: Ottawa, Ontario
» more info

Bentley’s Year in Infrastructure 2018

Date: October 15 - 18, 2018
Location: London, U.K.
» more info