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Vol. 15, No. 9 Week of February 21, 2010
Providing coverage of Alaska and northern Canada's oil and gas industry


Foreign rivals bid for oil sands

Gary Park

For Petroleum News

BP and India’s Reliance Industries seem locked in a bidding war for control of privately held Value Creation, which controls extensive oil sands leases and a proposed upgrader to turn bitumen into synthetic crude. Reliance opened the round Feb. 5 with a US$2 billion offer to take over Value, then BP....

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First Indian oil sands foray


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