Alberta over a barrel: pure-play v. integrated companies; low prices
for Petroleum News
A rift without parallel is tearing through the ranks of Canada’s oil industry.
Pure play oil sands operators are lined up against integrated companies — those who both produce and refine.
As the West Texas Intermediate price has tumbled under US$60 a barrel it has dragged down the return on Western....
[additional news subjects in this story]
Campaign for curtailment
Integrated companies don’t want cuts
Report: Voluntary reduction
Warning letter from large investor
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