Imperial Oil approves $2B in situ oil sands expansion project
Green Car Congress
FEBRUARY 4, 2012
Imperial Oil Limited has approved a $2 billion expansion of the company’s Cold Lake in situ oil sands operation in northeastern Alberta. Imperial received original regulatory approvals for Nabiye in 2004. The project will access 280 million barrels of recoverable reserves and is expected to start-up by year-end 2014.
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