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Statoil Exits Production in Canadian Oil Sands - Wall Street Journal

Wall Street Journal

Statoil Exits Production in Canadian Oil Sands
Wall Street Journal
CALGARY, Alberta—Norway's state-owned oil giant. Statoil ASA. said Wednesday it is exiting its business in the Canadian oil sands, selling off its assets to Athabasca Oil Corp. and taking a loss of at least $500 million. The move ends Statoil's nearly ...
Norway's Statoil retreats from the oil sandsThe Globe and Mail
Statoil to sell Canada oil sands assets to Athabasca Oil CorpReuters

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