Imperial Oil plans to expand Cold Lake operations

Published in 2012 edition of ‘Our Natural Resources’ – special supplement to Athabasca Advocate, Bonnyville Nouvelle, Elk Point Review, Lac La Biche Post, Lakeland Regional and St. Paul Journal.

Imperial Oil Ltd. has announced plans to expand its stake in Alberta’s oilsands through the Nabiye Project at a cost of $2 billion, which will create around 1,000 jobs and produce an extra 40,000 barrels of oil per day, according to company spokesman Pius Rolheiser.

Nabiye, which is a Dene word meaning “otter,” is located at Imperial’s Cold Lake operation and received regulatory approval in 2004, but was put aside only to be reinitiated in 2008.

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