BP makes oil sands move

摘要

BP is making a move into the Canadian oil sands play by acquiring a half share in the Sunrise field in Alberta that is operated by Husky Energy.At the same time Husky will acquire a half share in BP's Toledo oil refinery in Ohio,US,between them forming an integrated North American oil sands business.Two independent 50:50 joint ventures will be formed from the equally valued assets to own and develop the businesses.