Gibson Energy Inc. (GEI.TO) announced that it continues to consider expansion plans for the Moose Jaw Facility. However, due to uncertainty around capital cost estimates and continued pressure on the construction industry in western Canada, the Company said it is not in a position to sanction the Expansion at this point.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.