Teck Cominco, Total dig deep into oil sands
Gary Park Petroleum News Canadian Correspondent
The price of entry to the Alberta oil sands has scaled new heights, with Canadian mining company Teck Cominco upping the ante to gain a stake in one project and France’s Total forced to raise its offer for a junior start-up company by 24 percent to fend off a rival bidder.
Vancouver-based Teck faces....
[additional news subjects in this story]
Teck had hoped for a larger chunk Total had to increase bid
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 07/07/2022)
|
Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
| 