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Oilsands companies transition to low-cost production

Thursday, September 17, 2015 5:52
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Oilsands companies transition to low-cost production TORONTO – Hemmed in by low crude prices, Canadian oilsands producers are looking to lower their costs to eke out revenues. Canadian Natural Resources Ltd. is looking to cut operating costs by $390 million more than currently budgeted this year, Doug Proll, executive vice-president at the Calgary-based operator, told […]

The post Oilsands companies transition to low-cost production appeared first on WIBR/WARN Ministry.



Source: http://www.wingswatchman.org/2015/09/17/oilsands-companies-transition-to-low-cost-production/

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