Oil sands to build global presence
Consulting firm estimates Alberta resource will account for 25 percent of world’s unconventional supplies by 2025
For Petroleum News
More than three decades of research and development in the once-scorned oil sands of Alberta may now be headed for a major payoff.
According to United Kingdom-based Wood Mackenzie, the 175 billion barrel deposit will be a “big driver” as unconventional oil resources surge to 25 percent of total worl....
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Wood Mackenzie sees oil staying above US$40
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