Economist says royalty sharing confuses the issue, and Clark’s government would be better off examining possibilities such as a targeted tax.
Nexen’s original partner Opti Canada filed for court protection last summer and was acquired by ChinaNational Offshore Oil Co.
Alan Fair, executive director of the Oil Sands Tailings Consortium and former R & D manager with Syncrude, highlighted some of the ways oil companies are managing fine tailings.
Pason Systems Inc. has been ordered to pay US$19.4 million in damages
The Carbon Economy Summit, held June 6 in Toronto, drew more than 200 sustainability stakeholders, supply chain and manufacturing executives for climate change idea exchange and networking.
Environmental assessment rules overhaul praised by industry, criticized by environmental groups.
Bank of Canada Governor Mark Carney said natural resource opportunities abound in Canada, but they need to be developed quickly, efficiently and sustainably.
New sources needed to meet unprecedented global demand
The 2.2 per cent interest in the unit amount to 580 barrels of oil a day.
Athabasca Oil Sands sells stake in oil development for $680 million; PetroChina purchased the other 60 per cent in a $1.9 billion deal last year