Sinking feeling in oil sandsOil prices, transportation problems, prospect of carbon tax force majors to pull back from projects; juniors weigh outright sales By GARY PARK For Petroleum News
The troubles piling up on the Alberta oil sands sector could soon turn into a full-blown crisis.
Six months ago the biggest thorn in the industry’s side was its inability to gain regulatory approval for pipelines to deliver landlocked crude bitumen to Eastern Canada, the Texas Gulf Coast and Asia, a....
[additional news subjects in this story]
Suncor’s Fort Hills project Cenovus, Shell Price, climate challenges Economically recoverable slashed
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