ExxonMobil's Nabiye oil sands expansion comes onstream



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On 11 May 2015 ExxonMobil announced the next phase of its Cold Lake oil sands project Nabiye commenced production.The start up supports our thesis that projects which have had a high percentage of capital already spent will continue to be pushed ahead by companies given the high levels of sunk costs and the robust go forward economics.

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    Exxon's Nabiye oil sands expansion comes on-stream

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