Methanex Hurdles Delay $1 Billion Medicine Hat Plant Plan
Methanex CEO John Floren told investors a $100 million refurbishment at the Medicine Hat facility will boost output and push a second major project beyond 2025. He noted securing a guaranteed long-term rail shipping contract and sea-port access, especially to China, remains the key hurdle for a $1 billion expansion known as Medicine Hat 2. A red crane has appeared at the site north of Brier Park.
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Floren
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Notley suspends rookie MLA over homophobic image
Alberta premier Rachel Notley suspended rookie MLA Deborah Drever from the NDP caucus. Drever will sit as an Independent when the legislature reconvenes. Notley condemned the homophobic comments and may review Drever’s caucus status within a year.
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Labas sees future in Medicine Hat energy mix and markets
Gerry Labas, retiring chief of energy operations in Medicine Hat, says the city can still extract value from petroleum holdings and the utility network while facing oil patch challenges and a rise in renewables. He notes $750 million in distributions and resident savings over 15 years, aided by early 2000s gas sales, and urges strategic planning as industry conditions stabilize.
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Labas
City of Medicine Hat
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Merete Heggelund
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