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Trump on Friday said 25% duties on Canada (10% on its energy imports) and Mexico and 10% tariffs on China would take effect on Tuesday. He has since delayed the tariffs on Mexico and Canada for ...
In periods of high demand, Irving Oil's St. John's refinery in New Brunswick has been the main swing supplier to the East Coast. Those imports will be subject to the 10% levy.
That’s the case with Irving, which has been supplying the northeastern U.S. with energy since 1972, with the majority of production from its Saint John refinery in New Brunswick going to U.S ...
As of 2009, Syncrude and Irving Oil were leaders in the Canadian industry, with Syncrude being the top producer of oil sands crude and Irving Oil operating the largest oil refinery in the country. [5] Canadian oil company profits quickly recovered following the 2008 financial crisis; In 2009 they were down 90% but in 2010 they reached $8.4 billion.
The Irving Oil Refinery is a Canadian oil refinery located in Saint John, New Brunswick. It is currently the largest oil refinery in Canada, capable of processing more than 320,000 barrels (51,000 m 3 ) of crude oil per day. [ 2 ]
In 1987, Irving Oil sued the federal government for $141 million, citing the amount as being "taxes and interest" which were "wrongly assessed against the company from 1971-75." In response, the government alleged that Irving Oil used a "sham" price system to "hide swollen profits from Revenue Canada, which has disallowed the company's claimed ...
The Energy East pipeline was a proposed oil ... Irving Oil had announced plans to build a new $300 ... (Oct 5th 2017) the price of oil had fallen from $106. ...
Oil derivatives like gasoline and jet fuel have been on the rise, too. On Thursday, Delta was the latest airline to warn of lower profits due to higher maintenance cost and jet fuel prices.The ...