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PetroChina takes over Canadian oil sands project

Cecilia Jamasmie | January 03, 2012 | 2:22 pm Energy Suppliers & Equipment China Europe 

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...

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