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Vol. 17, No. 41 Week of October 07, 2012
Providing coverage of Alaska and northern Canada's oil and gas industry


India stirs takeover debate

Bid for ConocoPhillips assets triggers call for Canadian government to decide how, where to draw line on oil sands foreign investment

Gary Park

For Petroleum News

Three state-controlled Indian oil firms confirm they have made a formal bid carrying a price tag some estimate at US$5 billion for Alberta oil sands assets owned by ConocoPhillips. Although not everyone is ready to accept the reports as a done deal, the talk is seen as further proof that the oil san....

    [additional news subjects in this story]

Three-company offer

Only one lease in production

India imports 80%

Flood of foreign investment


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