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Vol. 13, No. 50 Week of December 14, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry


C$45 billion on the shelf

Norwegian oil giant deals another blow to Alberta upgrading dreams; withdraws plans for Alberta facility, looks at options in US

Gary Park

For Petroleum News

There’s another wooden cross on the road to the Alberta oil sands, marking billions of dollars more of lost investment. It also marks a further setback to the Alberta’s government’s goal of keeping upgraders within its borders to benefit from the value-added end of turning bitumen into synthetic cru....

    [additional news subjects in this story]

Initial phase pegged at C$4B

In-situ project under way


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