Imperial to pump $1-billion into oil sands project

Article Abstract:

Imperial Oil Ltd (Toronto, Canada) is to invest Can$1 bil to expand its Cold Lake, Alberta, heavy oil operations, a proposed move that could expand production at Cold Lake to 180,000 barrels a day by 2010. Disclosure documents have been forwarded by the company to regulators in Alberta. Production could begin in 2005. The proposed expansion would add 375 mil barrels of reserves. Already in progress at Cold Lake is the $650 mil Mahkeses project, which will boost production from 119,000 barrel a day in 2000 to 150,000 barrels a day. The Mahkeses project is scheduled to be complete in 2002.

Author: Parkinson, David

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The markets' real conundrum is Greenspan's Fed-speak

Article Abstract:

The effects of announcements by Alan Greenspan, Chairman of United States Federal Reserve Board on the financial markets are discussed and a critical view of Greenspan's monetary policy is presented.

Author: Parkinson, David
United States, Government expenditures, Forecasts, trends, outlooks, Management dynamics, Executive changes & profiles, Management, Interpretation and construction, Officials and employees, Forecasts and trends, Economic policy, Greenspan, Alan, United States. Federal Reserve Board, Market trend/market analysis, Financial markets, Monetary policy, Company business management

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Potash Corp. plans buyout to Trinidad facility lease

Article Abstract:

Potash Corporation of Saskatchewan will purchase full ownership rights to its nitrogen facility in Trinidad.

Author: Parkinson, David
Facilities & equipment, Industrial Gas Manufacturing, Industrial gases, Nitrogen, Trinidad and Tobago, Potash, soda, and borate minerals, Potash, Soda, and Borate Mineral Mining, Potash, Soda & Borate Materials, Mining industry, Buildings and facilities, Nonmetal mining, Gases industry, Industrial gases industry, Alkali industry, Chlor-alkali industry, Potash Corporation Of Saskatchewan Inc., POT

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