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September 04, 2015 ENERGY (MSM)

Court rules Ecuadoran villagers can pursue Chevron in Canada

Ecuadoran villagers can seek to enforce in Canada a multi-billion-dollar Ecuadoran judgment against US oil giant Chevron on pollution in the Amazon rainforest, the country’s top court said Friday. Chevron’s Canadian subsidiary dismissed the ruling, calling the Ecuadoran judgment fraudulent and unenforceable. In Canada and in parallel legal fights in the United States and Brazil, the indigenous people of Ecuador’s Lago Agrio region have sought to collect compensation for the

September 04, 2015 ENERGY (MSM)

Canada's top court says Ecuadoreans can sue Chevron in Ontario

Canada’s top court ruled on Friday that a group of Ecuadorean villagers could pursue a multi-billion pollution lawsuit against Chevron Corp in the Canadian province of Ontario. Chevron is contesting a ruling by Ecuador’s highest court that said the oil giant had to pay $9.5 billion to clean up contamination at a site it once owned. The villagers are now going after Chevron’s assets in Canada, Brazil and Argentina.

September 04, 2015 ENERGY (MSM)

Gas Prices at an 11-Year Low for Labor Day Weekend

The national average price of gas is currently $2.44 per gallon, 99 cents less than this time last year, according to AAA. AAA estimates that 35.5 million people are planning to travel this weekend, a 1 percent increase from last year. Gasoline prices are moving lower thanks to the falling price of crude oil.

September 04, 2015 GOLD (MSM)

Goldcorp declares ninth monthly dividend payment for 2015

[PR Newswire] – VANCOUVER, Sept. 4, 2015 /PRNewswire/ – GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its ninth monthly dividend payment for 2015 of $0.02 per share. Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive “eligible dividends” in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. All dividends paid in 2006 and subsequent