Montana refinery expansion stalled
For Petroleum News
Turmoil in financial markets has produced another casualty in the oil sands-related upgrading/refinery sector, with Connacher Oil and Gas shelving a $500 million plan to boost capacity at its Montana plant to 35,000 barrels per day from 9,500 bpd.
The Calgary-based producer tied its decision to “wea....
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Final decision delayed
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