Tag: Rick Fraser

‘Fleeing oil sands capital’ story driven by Alberta politics, media – not reality

Buying oil sands assets for $32 billion total makes CNRL, Cenovus world class energy companies Cenovus buys ConocoPhillips oil sands assets for $17.7 billion Wednesday. Last week CNRL buys Shell and Marathon assets for $14.4 billion. Are super-major oil companies fleeing Rachel Notley’s NDP government or are the sales a sign of Alberta oil sands […]