Budget, hiring rise at Northern Lights
The pace is quickening for the Northern Lights oil sands project, 60 percent owned by start-up Synenco Energy and 40 percent by a subsidiary of China’s Sinopec.
Synenco’s spending on the undertaking is budgeted at C$197 million for 2006, compared with C$108 million in 2005 and C$9.37 million in 2004....
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