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Vol. 8, No. 51 Week of December 21, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Petro-Canada takes leaner route with a phased strategy

Following lengthy reviews, company spurns ‘bigger is better’ approach

Gary Park

Petroleum News Calgary correspondent

Having spurned the “bigger is better” approach that has ruled development of northern Alberta’s oil sands, Petro-Canada is setting a new course. Following a seven-month review of its strategy, Petro-Canada has opted for a phased, “bite-sized” strategy and an alliance with Suncor Energy that immedia....

    [additional news subjects in this story]

Back to the drawing board on other development

Analysts positive on change


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