You are currently browsing the Lamont County Environment weblog archives for the day January 17, 2009.
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Archive for January 17, 2009
Bankruptcy threat of BA Energy casts pall on plans
January 17, 2009 by Walter Schneider.
The Edmonton Journal
January 16, 2009
Future of bitumen upgraders gloomy
Bankruptcy threat of BA Energy casts pall on plans
By Dave Cooper
The possible bankruptcy of the builder of a partially completed $4-billion bitumen upgrader near Fort Saskatchewan is part of a larger picture of gloom faced by firms hoping to process Alberta’s bitumen within the province, says a group representing local municipalities.
“Companies are now talking just about extraction, not upgrading. And that’s a real challenge to us,” said Neil Shelly, executive director of Alberta’s Industrial Heartland….(Full Story)
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