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Vol. 19, No. 40 Week of October 05, 2014
Providing coverage of Alaska and northern Canada's oil and gas industry


Statoil buckles under project costs

Gary Park

For Petroleum News

Just nine months after ending a joint venture in northern Alberta’s oil sands, Statoil has delivered a follow-up blow. The company, which is two-thirds owned by the Norwegian government, said Sept. 25 it was shelving plans for a 44,000 barrels-per-day expansion of its thermal-recovery Corner projec....

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Acquired in 2007


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