Asian oil sands invasion gathers pace
Thailand joins fold, partnering with Statoil in Alberta oil sands; Korean wealth fund expands presence in carbonate formations
For Petroleum News
Two state-owned enterprises are the latest from Asia to join the race to secure assets in Albertaís oil sands, adding weight to claims that billions more dollars are poised to flood from the region into the Canadian energy sector.
The latest investments involve a US$2.28 billion deal by Thailandís P....
[additional news subjects in this story]
Minority role in Kai Kos Dehseh
Smaller scale investment
C$10 billion in 18 months
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