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Vol. 18, No. 50 Week of December 15, 2013
Providing coverage of Alaska and northern Canada's oil and gas industry


Alberta rescues cost-hit refinery

Government provides additional C$300 million loan to Redwater after costs soar by C$2.8 billion, argues risk of revenue, jobs loss

Gary Park

For Petroleum News

Those puzzled by the reluctance of big energy companies to enter the refining/upgrading sector of Canada’s petroleum industry without a government safety net have got part of their answer from the stunning rise of costs for an Alberta government backed plant. A joint venture by privately held North....

    [additional news subjects in this story]

Also CO2 spinoff

Alberta expects higher return

Original cap waived


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