Tag: Japex
$2 billion Japan Canada Oil Sands expansion ramps up near Fort McMurray
Japan Canada Oil Sands first Japanese-owned company to invest in the oil sands, starting in 1978 Premier Rachel Notley, representatives from Japan and local officials marked the opening of the Japan Canada Oil Sands Ltd. Hangingstone project near Fort McMurray, according to a press release. This Steam Assisted Gravity Drainage (SAGD) project is the culmination […]
Japex to delay Hangingstone expansion project to mid-2017
Hangingstone oil sands project to cost $1.5 billion TOKYO, Nov 8 (Reuters) – Japan Petroleum Exploration (Japex) said on Tuesday it plans to delay the launch of its Hangingstone oil sands expansion project in Alberta, Canada, by a few months to mid-2017, a move that also pushes up costs by C$250 million ($187 million). The […]
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