Edmonton — Discussions of the importance of diversifying Alberta’s economy have grown increasingly urgent in the past year as the government struggles with dwindling oil and gas revenues.
March 17, 2016, 10:35 AM MDT
Leading industry, employer and labour association leaders have joined forces to create a new organization: the Resource Diversification Council (RDC) of Alberta.
March 16, 2016, 11:59 AM MDT
In the royalty framework report, the review panel recommended a number of opportunities for Alberta to promote diversification and create jobs and “we are taking action,” Alberta Energy Minister Margaret McCuaig-Boyd said in a keynote speech to the Canadian Energy Research Institute (CERI) oil and gas symposium in Calgary.
March 16, 2016, 6 AM MDT
Given the prolonged downturn and continuing challenges the sector is facing, the Alberta government will “work closely with the province’s energy industry to ride out this storm and look for opportunities within it,” lieutenant governor Lois Mitchell pledged during the provincial government’s speech from the throne on Tuesday.
March 9, 2016, 8:24 AM MST
The Alberta economy currently may be in a “crappy situation” due to extended low oil prices, but the economic development and trade minister is counting on a tenacious and innovative private sector to find ways of diversifying the economy and expanding on a strong energy industry to ensure future prosperity — with support from the province.
February 26, 2016, 6 AM MST
February 2, 2016, 6 AM MST
The new Petrochemicals Diversification Program is part of the Alberta government’s “continued action on the economy,” the province announced this morning.
February 1, 2016, 11:45 AM MST
Edmonton — The conditions in Alberta’s capital region are right for a major petrochemical push, according to several speakers at an Alberta’s Industrial Heartland Association (AIHA) stakeholder event held last week in Edmonton.
January 26, 2016, 6:23 AM MST
December 11, 2015, 9:50 AM MST
“Underinvestment” by Mexico’s former monopoly integrated energy company has left large gaps in the country’s petrochemical sector, which could lead to billions of dollars in new investment in domestic plants to produce ethylene, propylene, benzene and other base chemicals, as well as fertilizer plants, says an expert on the global petrochemical industry.
December 2, 2015, 8:17 AM MST
Service companies are now faced with not only less work and customers asking them to reduce their prices, but the challenge of retaining the skilled labour they have paid premiums to hire and keep, a recent conference heard.
March 5, 2015, 8:54 AM MST
October 24, 2014, 12:04 PM MDT
October 14, 2014, 10:58 AM MDT
NOVA Chemicals Corporation says that the first barrels of ethane supplied from natural gas associated with oil production from Bakken shale are being used at its Joffre complex in Alberta.
June 13, 2014, 9 AM MDT
May 28, 2014, 8:40 AM MDT
Privately-held Mistral Energy has received exports of purity ethane in an inaugural shipment along its Vantage pipeline from the Williston Basin in North Dakota to connect with the Alberta Ethane Gathering System (AEGS) near Empress, says the U.S. Energy Information Administration.
May 6, 2014, 11:44 AM MDT
May 2, 2014, 10:04 AM MDT
(Reuters) -- Europe's petrochemical industry will face a competitive assault as U.S. rivals emerge with cheap feedstock from the shale gas boom. It can look to the refining industry now for a taste of what is to come.
December 5, 2013, 12 PM MST
Canadian petrochemical producers could benefit from growing volumes of natural gas liquids from the Bakken formation in North Dakota, a petrochemical conference heard this week.
June 7, 2013, 12 PM MDT
KANANASKIS -- If Alberta petrochemical producers are looking for increased supplies of ethane, they should be prepared to pay for the higher costs associated with extracting it from natural gas, an industry conference heard Monday.
June 4, 2013, 12 PM MDT
Further processing of oil and natural gas in Alberta could pump billions of dollars a year into the province's economy.
April 18, 2013, 12 PM MDT
Inter Pipeline Fund says it has entered into a binding agreement with NOVA Chemicals Corporation involving the long-term sale of ethane production from its Cochrane extraction plant.
April 16, 2013, 12 PM MDT
(Reuters) -- Sinopec Corp., Asia's largest refiner, will strive to lower its petrochemical production costs and optimize its product mix to meet the threat of cheap supply from rival U.S. in the future, a top executive said.
March 25, 2013, 12 PM MDT
EDMONTON -- While the prospect of low natural gas prices for the foreseeable future is not good news for the Alberta treasury, it is creating new opportunities for Alberta companies, says the head of an Edmonton-area industrial development group.
January 23, 2012, 12 PM MST
Houston (Reuters) - Not too long ago chemical industry insiders would joke about when the next U.S. chemical plant would be built. The answer, the punch line always went, was never.
June 17, 2011, 12 PM MDT