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Alberta

Graffiti artist completes world’s tallest mural in downtown Calgary

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CALGARY — It looms on the edge of downtown a stone’s throw from the Calgary Tower,  a splash of colour amid aging buildings, railway tracks, parkades and a steady stream of traffic.

It’s billed as the world’s tallest mural, painted by one of the globe’s top graffiti artists, and is part of a project to turn an austere area of downtown into an expansive open-air urban art gallery.

“The brutalism and dystopian look of this area with the giant parkades and the spiral ramps and stuff — it feels like Gotham. So turning this wall from concrete nothing to this is really fun,” said Peter Oliver, president of the Beltline Urban Murals Project, or BUMP.

The mural is an abstract painting in various shades of orange, black, grey, blue, white and yellow and is the creation of DAIM, an internationally renowned German artist. DAIM, whose real name is Mirko Reisser, has been creating public artworks for more than 30 years.

“DAIM’s work is rooted in graffiti art. It’s abstract and he was actually the very first graffiti artist to start exploring three-dimensional works. So his work kind of obeys the laws of light and shadow but defies the laws of gravity,” Oliver said.

“I think his work really marries well with the brutalism of this building and it’s just a massive flat wall of concrete. It’s the very first prefabricated concrete building in Calgary, built in 1980.”

The mural is 95 metres high, making it the tallest mural in the world “by a long shot,” said Oliver.

He said most cities don’t have giant concrete walls available, with the majority being glass, steel or aluminum. So this was a perfect marriage.

DAIM, who was assisted by three local artists, spent over three weeks painting and went through more than 500 cans of spray paint after a base coat was added to the bare concrete. It is to be a permanent addition to the area and, as of last week, was awaiting a coat of UV sealant to make it complete.

Facing toward the east, it can be seen from a long way away.

“If you’ve got the window seat on the airplane, you can see it on the approach into the airport,” Oliver said.

“I think what we’re really doing with BUMP is re-architecting the identity of this city.”

The project will be unveiling about 60 new murals during its annual festival, which runs from Aug. 1 to 28. Before that, the new art work can be viewed by visitors at the annual Calgary Stampede, which begins this week.

“If you’re coming down, I’d check this out over the parade any day,” Oliver said with a chuckle.

This report by The Canadian Press was first published July 4, 2022.

Bill Graveland, The Canadian Press

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Alberta

Cenovus Energy to buy remaining stake in Toledo refinery from BP for $300 million

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CALGARY — Cenovus Energy Inc. has reached a deal with British energy giant BP to buy the remaining 50 per cent stake in the BP-Husky Toledo Refinery for $300 million.

The Calgary-based oil producer has owned the other 50 per cent of the Ohio-based refinery since its combination with Husky Energy in 2021.

Cenovus says its U.S. operating business will take over operations when the transaction closes, expected before the end of the year.

The company says the Toledo refinery recently completed a major, once in five years turnaround to improve operational reliability.

It says the transaction will give Cenovus an additional 80,000 barrels per day of downstream throughput capacity, including 45,000 barrels per day of heavy oil refining capacity.

The deal brings Cenovus’ total refining capacity to 740,000 barrels per day.

Alex Pourbaix, Cenovus president and CEO, says fully owning the Toledo refinery provides an opportunity to further integrate the company’s heavy oil production and refining capabilities, including with the nearby Lima Refinery.

“This transaction solidifies our refining footprint in the U.S. Midwest and increases our ability to capture margin throughout the value chain,” he said in a statement.

This report by The Canadian Press was first published Aug. 8, 2022.

Companies in this story: (TSX:CVE)

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Alberta

Nutrien names Ken Seitz president, CEO amid sweeping changes in agriculture markets

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Saskatoon-based fertilizer giant Nutrien Ltd. has named Ken Seitz president and CEO following a months-long global talent search. 

The company says Seitz, who has served as interim CEO since January and previously headed up its potash operation, brings 25 years of experience in agriculture and mining to the role.

Nutrien says it has achieved record results under Seitz’s leadership amid sweeping changes in agricultural markets and unprecedented global food security challenges.

Russ Girling, chairman of Nutrien’s board of directors, says the company’s record performance during some of the most turbulent times in the sector underscore the strength of Seitz’s leadership. 

Seitz, who grew up on a dairy farm in Saskatchewan, says he’s “honoured and humbled” to work alongside growers during challenging times.

He says Nutrien is well positioned to help meet the global goals of food security and climate action.

This report by The Canadian Press was first published Aug. 8, 2022.

Companies in this story: (TSX:NTR)

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