Suncor ruling sets off jittersOil sands producer faces C$200 million hike in royalties for 2004; Suncor warns decision could force it to move future heavy oil upgraders out of Alberta Gary Park Petroleum News Calgary Correspondent
The Alberta government has drawn a line in the oil sands, refusing to waver on a decision that is likely to impose a C$200 million increase in Suncor Energy’s royalties this year and could see capital spending moved out of the province.
In the process, it has opened up a wider debate on how far the....
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