PetroChina's purchase of the 40 % of the McKay
River oilsands project it doesn't already own from Athabasca Oil Sands is just the latest example of China's national oil companies snapping up Canadian energy reserves.
Not exact matches
This year, the company is ramping up a much larger
oilsands project called May
River.
Projects that haven't yet been given a final go - ahead by Suncor's board are being deferred, such the MacKay
River 2 steam - driven
oilsands project in northeastern Alberta and the White Rose development off the east coast, which is operated by partner Husky Energy Inc. (TSX: HSE).