Alberta tossing contracts ‘out window’
Investment bank: renegotiating oil sands agreements undermines business environment; Alberta accused of abandoning relationship
For Petroleum News
If all the changes contained in Alberta’s new royalty regime, none has unsettled the industry or investors more than the government’s decision to renegotiate royalty contracts with oil sands giants Syncrude Canada and Suncor Energy.
“Essentially, the government is tossing these contracts (which don’....
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