ConocoPhillips laying off 300 Alberta workers after selling assets

ConocoPhillips is laying off 300 Alberta workers weeks after announcing the sale of oilsands and natural gas assets to Cenovus Energy Inc. in a blockbuster $17.7-billion deal. A spokesman for ConocoPhillips Canada said the company will be much smaller after the sale, which comes amid a spate of international producers selling their stakes in Alberta’s oilsands. -- More...

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