Alberta oil sands frenzy fizzling
Sector could be headed for prolonged slowdown, C$100 billion scrapped and delayed; Merrill Lynch says 800,000 bpd could be shut-in
For Petroleum News
Total made its contribution to the collapse of oil sands mine and upgrader projects in Alberta on Dec. 12 and caused scarcely a murmur in the process.
The Canadian unit of the French oil giant withdrew its regulatory application for the Northern Lights mine, originally planned to produce 114,500 ba....
[additional news subjects in this story]
Change may be fundamental
US$38 oil needed
Alberta fallout severe
Crisis could halt oil sands
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