Page 3 - ஸ்டர்ஜன் சுத்திகரிப்பு நிலையம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
OPINION | Why the Jasons Kenney of the past would thunder over Alberta s Bitumen Boondoggle
cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.
Your letters for July 9
calgaryherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgaryherald.com Daily Mail and Mail on Sunday newspapers.
Alberta extends Sturgeon Refinery deal by 10 years, buying 50 per cent stake in bid to save $2 billion
draytonvalleywesternreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from draytonvalleywesternreview.com Daily Mail and Mail on Sunday newspapers.
Thursday s letters: Thanks to Kenney for Alberta s reopening
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Alberta Taking Half-Stake in Oilsands Refinery to Reduce Tolling Costs
The Alberta government on Monday announced a C$825 million ($660 million) takeover of a 50% ownership share in Canada’s newest oilsands refinery near the provincial capital in Edmonton.
North West Refining Inc. is to be paid C$425 million ($340 million) for its half-equity in the 79,000 b/d refinery north of Edmonton. North West also agreed to forego future tolling revenue. Canadian Natural Resources Ltd., which owns the other 50% of the Sturgeon Refinery, is to be paid $400 million ($320 million ) and become the operating partner.
“Through the agreement, the government is able to capture the value of processing bitumen as both a toll payer and facility owner,” according to officials.