Nexen to Cut 350 Jobs in Canada After Oil-Sands Explosion

Updated on
  • Unit of Cnooc says upgrader not repairable in short term
  • Company to contine bitumen production at Long Lake site

Cnooc Ltd.’s Nexen Energy unit will eliminate 350 jobs this year after deciding not to repair its Long Lake oil-sands upgrader in northern Alberta following an explosion in January.

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