Imperial Oil ups costs of Kearl oil sands initial development 18% to $12.9B
Green Car Congress
FEBRUARY 3, 2013
Imperial Oil has raised the expected final cost for the Kearl oil sands initial development to $12.9 Kearl, jointly owned between Imperial Oil (operator) and ExxonMobil Canada, will be one of Canada’s largest open-pit mining operations with regulatory approval for up to 345,000 barrels a day of production.
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