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Vol. 22, No. 2 Week of January 08, 2017
Providing coverage of Alaska and northern Canada's oil and gas industry


Outsiders on the run

Foreign-based companies exit Alberta oil sands, underlining high costs of development; Norway’s Statoil takes biggest step so far

GARY PARK

For Petroleum News

There has been a two-stage exodus from Fort McMurray over the last eight months that has the northern Alberta city buckling at the knees. In May a wildfire swept through the so-called capital of the oil sands industry, destroying 2,400 residences and buildings and forcing 90,000 residents to flee fo....

    [additional news subjects in this story]

Statoil most troubling

Multiple divestments

Total expected to sell


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