STOP: Stop Tar Sands Operations Permanently

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Posts Tagged ‘rising costs’

Rising Costs May Mean Second Upgrader Falls

Posted by mhudema on July 11, 2008

Rising costs present challenge to second refinery in Saint John

Published Thursday July 10th, 2008

Shell Canada’s decision to scrap plans for a new multi-billion oil refinery in Ontario sheds some light on the challenges facing a second oil refinery in Saint John.

Energy Minister Jack Keir said Shell’s decision shows there are obstacles to Irving Oil and BP’s proposed 300,000 barrel-per-day refinery project in the Port City.

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