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“Last year, the number of inbound oilsands focused

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canada goose store The province’s vast but low grade bitumen deposits were widely seen as too remote, too costly to exploit and too expensive to upgrade.How the world has changed. When oil prices began their explosive multi year ascent in 2003, soaring from about $28 US per barrel to $147 by mid 2008, it unleashed the biggest investment stampede in Alberta’s history.Suddenly, the energy industry’s previously unloved black sheep was transformed into its biggest potential cash cow, and the lure of fat profits ignited investor interest worldwide.Article content continuedWith oil prices back in the $100 range, a new, more sustainable oilsands growth cycle is underway, and a key driver behind the latest surge is the heightened interest among large Asian producers such as PetroChina, Sinopec and Korea National Oil Corp. (KNOC).”Foreign investment in Western Canada’s unconventional oil and gas industry began to increase considerably in 2010, and the momentum is continuing in 2011,” says a recent report by the energy consultants at Ernst Young.”Last year, the number of inbound oilsands focused transactions from Asia tripled, as countries like China, Japan, Thailand and South Korea actively sought to secure natural resources.”Story continues belowThis advertisement has not loaded yet, but your article continues below.Article content continuedAsia based energy firms invested more than $10.9 billion in Western Canada’s oilpatch last year, including $9.2 billion in the oilsands alone. canada goose store

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cheap canada goose https://www.archeapcanadagoose.ca Canada Goose Jackets After two lockdown periods ended May 3, the government allowed migrants to move back to their own hometowns and lot of people already reached to their states. As a result, some states like Bihar said the new infected cases increased and the beginning of railway travel was the mistake, hence they want the lockdown to be extended till the end of May to make proper arrangements and control the virus. The third lockdown period will end on May 17.Punjab, Telangana, West Bengal, Maharashtra etc favoured lockdown extension given the rising coronavirus cases, while some other states said non containment zones should be opened with due care etc.Second Wave of New InfectionsIndia has seen the fast rising COVID 19 cases in May and on May 11, we reported more than 4,000 confirmed cases in a single day, crossing total 70,000 mark with around 2,300 deaths. Canada Goose Jackets

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