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Alberta offers new oilsands projects reduced royalty rate in bid to double output

Published by Financial Post · Canada 17 h ago
The lower rates won't extend to oilsands production as a whole, and no project gets in automatically, whether it's a mine, an in situ operation, an expansion or a greenfield development.
The lower rates won't extend to oilsands production as a whole, and no project gets in automatically, whether it's a mine, an in situ operation, an expansion or a greenfield development. · Financial Post

Detailed summary

The province said the program will be open to all oilsands producers with new projects that meet its eligibility requirements The lower rates won't extend to oilsands production…

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MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (financialpost.com)

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