(EnergyAsia, December 29 2010, Wednesday) — Cash-rich, resource-hungry Asian companies have invested an estimated US$16 billion in Canada’s oilsands over the past 18 months, and are expected to pour in another US$2 billion in 2011. Thailand’s PTT Exploration and Production became one of the two latest players in Canada’s oilsands after buying a 40% stake…
ASIA: Billions of dollars pouring into Canada’s oilsands
Posted on December 28, 2010 by EnergyAsia