Current issue
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Syncrude Partners, Alberta reach new Crown agreement 2008-11-19 - The Syncrude joint venture owners have reached an agreement with the Alberta Government that will see it pay $975 million in additional royalties beginning in 2010 through 2015.
In return, the Crown agrees to provide the Syncrude joint venture owners with certainty on various matters, including:
* not to seek revenues from Syncrude's oil sands project using measures
outside the New Royalty Framework, such as additional taxes;
* not to change key de... |
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