PetroChina

PetroChina takes over Canadian oil sands project

Cecilia Jamasmie | January 3, 2012
oil_sands_dollar_derrick

Canadian oil producer Athabasca Oil Sands Corp. (TSX: ATH) has exercised its option to sell its remaining 40 per cent interest in the MacKay River oil sands project to Cretaceous, a unit of Chinese oil giant PetroChina for about C$680 million.

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