Oct 4, 2012 – News Today

2011 in review: Big year for foreign deals in oilsands

Just when it looked like Imperial Oil Ltd.’s sanctioning last week of an $8.9-billion expansion of its Kearl mine might be the final big oilsands deal of 2011, Osum Oil Sands Corp. announced late Friday it had raised $500 million from a private placement with investors including the Singapore government. Read More