Post Tagged with: "Trans Mountain pipeline"

Trans Mountain pipeline cost jumps by two-thirds to C$12.6 billion

Trans Mountain pipeline cost jumps by two-thirds to C$12.6 billion

BIC Magazine


The Canadian government-owned Trans Mountain oil pipeline is expected to cost C$12.6 billion ($9.47 billion) to expand, a sharp increase from the previous estimate of C$7.4 billion, the pipeline company’s chief executive said on Friday.

Trans Mountain pipeline cost jumps by two-thirds to C$12.6 billion - oilandgas360

Trans Mountain Corporation …

February 10, 2020 - 2:05 pm Canada, Canada News, Closing Bell Story‎, Pipeline News
Source: Reuters

Prospects advance for Canada’s oil pipelines, but hurdles remain

Reuters


WINNIPEG, Manitoba – Prospects for expanding pipelines to move Canadian oil to markets have brightened, but plenty of hurdles remain for the Canadian sector, which has struggled for years with low prices and a glut in storage due to …

Source: Reuters

Oil patch woes: Amid downturn, Alberta rages at Canada’s Trudeau

Reuters


WINNIPEG, Manitoba/OTTAWA – In 35 years of working in Alberta’s oil patch, home to the world’s third-largest crude reserves, Ray Mildenberger endured a volatile industry’s ups and downs without being laid off.

That changed in October, when Mildenberger, 60, …

December 19, 2019 - 1:00 pm Canada, Canada News, Closing Bell Story‎, Energy News, Jobs