Two more oil sands projects hit with billion-dollar cost overrunsTrueNorth Energy and OPTI Canada both disclose new forecasts stemming from labor shortage, weak Canadian dollar; Kyoto looms as next threat Gary Park PNA Canadian Correspondent
The new generation of oil sands operators in northern Alberta is facing a test of its belief as the projected costs of extracting billions of barrels of bitumen soar to stomach-churning levels.
TrueNorth Energy LP, a unit of U.S. private industrial giant Koch Industries Inc., and OPTI Canada Inc.,....
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Economics less robust Reserves up Population growth
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