The Financial Post reports in its Thursday, Nov. 8, edition that Imperial Oil said it will build a brand new $2.6-billion oil sands project in Alberta. The Post's Geoffrey Morgan writes that Imperial said Tuesday it would proceed with its 75,000 barrels per day Aspen oil sands project north of Fort McMurray, Alta., which marks just the second time a new oil sands project has been given a green light since the oil price collapse of 2014 after Canadian Natural Resources announced it would build a 40,000 bpd project called Kirby North. The Aspen project also marks the first full use of a technology that combines steam with chemicals, called solvents, that oil sands companies have been experimenting with for years in an attempt to lower carbon emissions. Construction on the new project will begin before the end of the year and Imperial expects to begin pumping oil from Aspen in 2022, at which point new Canadian export pipelines would be in service. However, there could be fresh problems for a Canadian export pipeline following the U.S. midterm elections Tuesday after Gretchen Whitmer, a Democrat who has vowed to shut down a critical Enbridge pipeline called Line 5, won the Michigan governor's race.