TotalFinaElf builds North American base

Brushes off Kyoto concerns by taking 43.5 percent stake in Alberta oil sands project; open to Arctic opportunities; could add Mackenzie Delta to Alaska leases

Gary Park

PNA Canadian Correspondent

French energy giant TotalFinaElf SA is quietly expanding its footprint in North American frontier areas and is not ruling out further growth, including a stake in the Mackenzie Delta. Having already established its presence as a leaseholder in the National Petroleum Reserve-Alaska and as operator o....

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Other Canadian expansion possible

Kyoto cost estimates down