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 Corporation …
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 …
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, …
