Exxon has removed almost all Canadian oil-sands crude from its books

News

Bloomberg with the piece on moves at Exxon to drop 98% of thick Albertan crude from its reserves list 

Bloomberg cite a regulatory filing on Wednesday:

  • Exxon counted the equivalent of 15.2 billion barrels of reserves as of Dec. 31, down from 22.44 billion a year earlier

And notes that Canada can be brought back onto its books as crude prices rise.

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