A ‘really big shoe’ drops
Fort Hills heads downhill in chaotic financial market; Petro-Canada scrapping deals
For Petroleum News
To no one’s surprise, the Alberta oil sands have been hit with a thump, as the Petro-Canada led Fort Hills project has been sidetracked, putting at least C$23.8 billion worth of investment in limbo.
It’s easily the biggest shoe to drop in a once-booming sector, where the sky seemed to be the limit j....
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Unusual times, measures
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