SOURCE: Industrial Info Resources

October 20, 2009 08:01 ET

Alberta Government Secures Letters of Intent With Two CCS Projects, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - October 20, 2009) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Two carbon-management projects in Alberta will receive $1.58 billion (U.S.) in funding, as letters of intent have been signed with Alberta's provincial government. Alberta will provide $1.14 billion in funding over 15 years to the two projects, which will receive $446.34 million in additional funding from the federal Canadian government.

Other companies featured: TransAlta Corportation (TSX:TA), Capital Power (TSX:CPX), Alstom SA (EPA:ALO), Royal Dutch Shell plc (NYSE:RDS.A), Chevron Corporation (NYSE:CVX), Marathon Oil (NYSE:MRO)

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