Chinese companies commit to oil sands despite setbacks
Patient capital means Chinese majors unlikely they will leave the oil sands anytime soon.
Suncor bids to take over Canadian Oil Sands for $4.3B
Offer would give Canadian Oil Sands shareholders a stake in Canada’s largest integrated energy company.
Sinopec buys 15% stake in liquefied natural gas project in northeast BC
The company joins Progress Energy, Pacific NorthWest LNG and Petronas as a partner in the export project.
Hong Kong beaches fouled by massive plastic pellets spill
China’s Sinopec vows to clean up 150-tonne mess.
Canadian Oil Sands to spend $1.46B on Syncrude
Canadian Oil Sands Ltd. expects to spend $1.46 billion on its stake in the Syncrude oil project in 2012 as it boosts production at the operations.