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
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.