Canada Invites China to Invest in Alberta's Oil Sands, as $12 Billion in Projects Set to Kick Off by End of Year

SUGAR LAND--June 9, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--As he prepares to wrap up a five-day trip to China, Canadian Natural Resources Minister Jim Carr is telling his hosts that there are plenty of opportunities to invest in the Alberta oil sands, according to Reuters. Canada certainly would be happy to see foreign investment in the sector, given that low prices and hefty drilling costs have pushed many developers away.

Within this article: Details on more than $12 billion in Oil & Gas Industry projects that are set to begin construction in Alberta in second-half 2017, including those from Brion Energy Corporation, which is owned by China National Petroleum Corporation (CNPC), and Kinder Morgan Incorporated (NYSE:KMI).

Other companies featured: Royal Dutch Shell plc (NYSE:RDS.A), ConocoPhillips (NYSE:COP), Cenovus Energy Incorporated (NYSE:CVE)