Climate aside, Central Alberta has much in common with Arizona and Australia.
Some of those similarities were highlighted on Wednesday and Thursday, when Central Alberta: Access Prosperity hosted visitors from both warm-weather jurisdictions.
Read more: http://tinyurl.com/m6berox
Woodside Petroleum Ltd., Australia’s second-biggest oil producer, said it’s in talks with companies for a potential partnership to enter Canada’s natural gas industry to tap rising Asian demand.
“It’s natural in an area that has the sort of hydrocarbon resource that Canada does that Woodside is in there talking to people,” Chief Executive Officer Peter Coleman said Thursday in an interview in Sydney, declining to name any companies.
Read more: http://tinyurl.com/aretgrw
An Australian company claims it has found an untapped shale oil field with estimated reserves that could potentially put the country next to remarkably oil-rich Saudi Arabia. Still, extracting the discovered treasure poses a huge technical challenge.
Brisbane-based company Linc Energy has presented two estimates by respected independent consultants claiming that drilling and seismic exploration they do in South Australia has brought the prize they have been dreaming of for years – a potentially huge untapped shale oil deposit.
Read more: http://tinyurl.com/at83wur
Let’s put aside, just for a minute, the idea that there is a housing bubble in Canada.
It there is a housing bubble, then we know it will burst at some point, and that the fallout will be singularly unpleasant. After all, we watched the bursting of the bubble in the U.S. take place in real time, just as if it was being broadcast on some kind of gigantic, high-definition television screen. We know how that story ends.
Read more: http://tinyurl.com/aonzcsx
Calgary – Coal mining may be coming back to the Crowsnest Pass, due to an Australian company’s desire to tap into Asia’s growing hunger for steel.
Riversdale Resources, a public unlisted company based in Sydney, announced Monday it has entered into an agreement to acquire a portfolio of coal assets from Devon Energy and Consol Energy for $49.5 million U.S.
Read more: http://tinyurl.com/b9morz4
CALGARY—Calgary Economic Development is leading a delegation of city companies to the land Down Under to develop trade relationships between Australia and Canada.
The delegation will visit Brisbane, Adelaide and Perthon October 14-23.
Read more: http://tinyurl.com/8b9mo38