Oil-Sands Spending to decline 20%
Energy firms are cutting back development of Canadian oil sands, the world’s biggest energy reserves outside Saudi Arabia, as crude prices plunge and processing costs become prohibitive. For full story, click here
Articles Tagged "cost"
Canadian Natural enhances cost of Horizon project
Canadian Natural Resources “slippage” in its Horizon startup plans and raised the project cost by another eight per cent. For full news, click here
Another oil sands cost jump for Canadian Natural
The cost of Canadian Natural Resources Ltd’s Horizon oil sands project jumped another 6 percent to nearly C$9.3 billion ($8.8 billion). For full story, click here
