05 April 2007

Wanted: big player with deep pockets

The new refinery proposed for the top of Placentia Bay needs at least one major backer with deep pockets.
The backers of a new refinery on the Newfoundland coast say the US$4.6-billion project will likely only succeed if a large international oil player steps up as a partner.
From the Financial Post.

Upodate: the original corporate news release.