Asian oil sands invasion gathers paceThailand joins fold, partnering with Statoil in Alberta oil sands; Korean wealth fund expands presence in carbonate formations Gary Park For Petroleum News
Two state-owned enterprises are the latest from Asia to join the race to secure assets in Alberta’s 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 Thailand’s P....
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