Upgrader: Tight belts
Thu, Oct 9, 2008
Heavy Oil Investing News reports with the on-going unsettled financial markets, heavy oil and oil sands are affected.
Energy stocks and trusts are down, and the news marginalia suggests that companies have a bleak outlook for the future profitability of heavy oil exploration, extraction and upgrading.
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Tags: Alberta, athabasca, barrels, bitumen, calgary, Chavez, Companies, connacher, ecuador, energy, explorers, financial, investor, ivanhoe, marathon, montana, oil, petroecuador, price, prices, production, profit, refinery, sagd, technology, total, upgrade, upgrading, venezuela, venture
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