Oilsands Developers Not Worried by Kyoto Demands Keywords: markets, ENR, labor, finance, analysis, business conditions, legislation, news articles
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Publication Date: 21-JAN-03 Format: XML document
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Article Description| Paris-based TotalFinaElf on Jan. 6 announced its acquisition of a 43.5% stake in the 544-sq-km Surmont oilsands permit as part of a joint venture with Houston-based ConocoPhillips. While regulatory approvals still are required, development of the estimated 5- to 10-billion-barrel permit could start by the end of this year and be operational by 2006, says ConocoPhillips Calgary spokesman Peter ... |
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