By Sonja Franklin
Oct. 15 (Bloomberg) -- Imperial Oil Ltd. Chief Executive Officer Bruce March said he sees $200 billion invested in oil sands in the next 10 years.
March made the comments in a written copy of a speech he’s set to give to the Calgary Chamber of Commerce today. Oil-sands production is expected to be more than 4 million barrels a day in the next 20 years, he said.
=> Bilibala see great investment potential in tar sand too.
Calgary-based Imperial Oil produced the equivalent of 270,000 barrels oil a day in the second quarter from such projects as Cold Lake in Alberta, conventional natural-gas wells in western Canada and oil-sands miner Syncrude Canada Ltd.
Imperial is Canada’s largest refiner with the capacity to process about 500,000 barrels of oil a day at four plants in Alberta, Ontario and Nova Scotia. It also operates about 1,900 Esso-brand service stations across the country.
March, who took the helm of Imperial in 2008 when Tim Hearn retired as CEO, also said the company’s Kearl project may cut greenhouse-gas emissions by almost half a million tons a year.
Imperial Oil is 70 percent owned by Irving, Texas-based Exxon Mobil.
To contact the reporter on this story: Sonja Franklin in Calgary at sfranklin6@bloomberg.net
Subscribe to:
Post Comments (Atom)
1 comments:
Gleenmanagement.com--1000% after 1 hour
We belong to The Gleen-Management Company. Our company established in January 2007. Now we have been on the online market.As you sometimes know about trading currencies might be a difficult to earn from those markets. So we thought our offer shall help you to easy going on the currency online-investment markets.Don't be panic to invest with us because of we are professional investors who had many experiences in currencies markets. We believe in a good management of our team and to bring you're going to your goals!
Investment offers: 3 products
Investment Products Amounts(USD) Terms
Junior 250-5,000 800% after 12 hours
Senior 5,001-50,000 900% After 6 hours
Retirement 50,001-250,000 1000% after 1 hour
Why many people would be one of our company?
1. We are professional investors.
2. 100% of funds get risky free.
3. Don't need to register. That can be safe from hacker.
4. Stable income.
5. Many Experiences in currency markets.
http://www.gleenmanagement.com/?U6523689
http://www.gleenmanagement.com/?U6523689
I will return 75% of referral bonus to your libertyreserve account,Please mailto:galahovqj@gmail.com when your make a deposit with my link
100% guaranteed your money are safe with GleenManagement LLC,If you lost money in GleenManagement LLC,We will return 100% of your deposit
My Favorite HYIP BLOG
http://makemillionsmoneyonline.blogspot.com
http://libertyreserve-investment-hyip.blogspot.com
Make millions liberty reserve and perfectmoney in paying hyips fastest Real Investment
http://www.payinghyiponline.com
Make $50k libertyreserve money daily on forex trading
http://www.libertyreserveforex.net
Our HYIP rating list has the most reliable and trusted HYIPs.
http://www.makecurrencyonline.com
HYIP Monitoring & HYIP Rating. Best HYIP Monitor Help your Investment Grow!
http://www.hyipfunding.com
Post Your AD on 1000+ Forums
The Best HYIP Rating. The Fairest High Yield Investment Programs Monitoring Service
http://www.yahoomsngroup.com
Post a Comment