Outside Alberta, Canada's Oil & Gas Industry Still Faces Numerous Challenges
SUGAR LAND--May 13, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Wildfires continue to plague Alberta, the capital of Canada's Oil & Gas Industry, with economic effects that likely will be massive, but currently are difficult to calculate. But this is hardly the only challenge facing Canada's Oil & Gas Industry; from coast to coast, a slew of projects are being held up and pushed out for various reasons, making it highly unlikely that the nearly $13 billion in Production, Pipelines and Terminals projects set to kick off in the remainder of the year will actually do so. Within this article: Details on the hurdles facing Canadian projects and markets outside Alberta, including those from Petronas, TransCanada Corporation (NYSE:TRP) and Pieridae Energy Limited.
