One of the biggest backers of the proposed Trans Mountain pipeline expansion says Alberta's plan to tackle carbon emissions should help blunt opposition to the contentious project as the industry eyes a return to growth.
Lightstream Resources Ltd., which has been under creditor protection, said a Calgary court has approved the sale of its oil and gas assets to a newly formed company.
Published Thursday, December 8, 2016 5:17PM PST. Some Vancouver detached homes have sold for hundreds of thousands of dollars below asking, and there's now proof the trend is in effect beyond the city's borders as well.
The Conference Board of Canada says it expects Alberta to emerge from one of the worst recessions to ever hit the province next year.
The federal government is funding research to understand how microbes in oil and gas pipelines cause corrosion, which can cost the energy sector billions of dollars a year and increase the risk of a damaging leak.