(EnergyAsia, August 20, Wednesday) — The development of Alberta’s oil sands projects is being held back by labour and materials shortages and rising costs. Projects are running over budget as many firms began expansion work all at the same time to capitalise on soaring oil prices, thus triggering expansive bidding wars for labour and materials….
CANADA: High costs hurt development of Alberta’s oil sands projects
Posted on August 19, 2008 by EnergyAsia