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Image header Agence Europe
Europe Daily Bulletin No. 9424
Contents Publication in full By article 43 / 49
ECONOMIC INTERPENETRATION / (eu) energy

French oil company Total has decided to build a plant near Edmonton in Canada to convert tar sand into lighter oil. Total will invest nearly $6 billion at the refinery which will convert tar mined on site which can then be exported. Following previous investments in the oil business, it is believed that Total will be able to produce 10,000 barrels of extra-heavy crude oil a day on site next year, reading 100,000 and then 200,000 barrels a day. If all goes according to plan, the conversion...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION