Heavy Oil Investing News » Oil sands deal turns Canadians from chased to chaser

Oil sands deal turns Canadians from chased to chaser

March 24, 2009 @ 12:08 am In Heavy Oil Company News

Suncor Energy's bold $19.2-billion takeover of Petro-Canada resets the landscape for the oil sands because it keeps in Canadian hands a big part of the industry, while giving birth to a new global oil giant with Canadian headquarters.

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[1] here: http://www.financialpost.com/story.html?id=1419666