Oh Canada! Significant Developments in Canadian Energy - November 2012


In This Issue:

- Oil Sands News

- East Coast News

- West Coast News

- Canadian Arctic News

- Alternative Energy News

- On the Horizon

- Abbreviations

- Contact Us

- Excerpt from Oil Sands News:

The North West Redwater Partnership (“NWR”), with partners Canadian Natural Resources Limited (“CNRL”) and North West Upgrading Inc. (“NWU”), has announced that it is proceeding with the construction of the Redwater bitumen refinery located near Edmonton. Ground construction on the first phase of the $5.7 billion Sturgeon Refinery, planned to be completed within three years, will commence in the spring of 2013. Refining capacity of the first phase is expected to be 50,000 bpd, of which 12,500 bpd will come from CNRL’s in-situ production. The remaining 37,500 bpd of processing will come from the Alberta Petroleum Marketing Commission under a 30- year fee-for-service tolling agreement. Successive phases of the project are expected to increase total bitumen processing capacity at the will be the first refinery in the world to incorporate CO2 capture into its initial design.

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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