Canadian Oil Sands today announced its budget for 2012. COS plans to invest $1,460 million at the Syncrude project in 2012 to support its strong base of production and implement technologies to accelerate reclamation of tailings, a by-product of the bitumen extraction process. Approximately $974 million will be directed to discrete, major infrastructure projects that should position Syncrude for 10 to 20 years of
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