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Edwards sees threat to oil sands projects
Business News; Market ResearchHigh costs will likely derail some projects in the oil sands, according to Murray Edwards, the reclusive vice-chairman of Canadian Natural Resources Ltd., one of many firms working in the overheated Fort McMurray region of Alberta. It was the strongest public declaration yet from a senior industry executive that some projects may not go ahead as planned.


globeinvestor
Posted on Saturday, September 23 @ 02:45:33 PDT by Waegari
 
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Production; Extraction; Exploration

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