Heavy Oil Investing News » $8 bln dollar oil-sands project has been approved

$8 bln dollar oil-sands project has been approved

June 21, 2009 @ 10:46 pm In Heavy Oil Company News

Imperial Oil Ltd. has approved the first phase of its Kearl oil-sands project, carrying the same hefty price tag of $8-billion from last year despite delaying some eight months to trim costs from the expensive undertaking.

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