Vivek Warrier provides his insights on the state of foreign direct investment by major international oil companies Canada's oil sands in a Lexpert online exclusive. While the landscape has been challenging, Vivek says that there hasn't been a run for the door by the majors and ultimately, what they’re doing is waiting for a better per-barrel price that improves their net back.

http://www.lexpert.ca/article/the-crude-reality-international-oil-majors-step-away-from-canadas-oil-sands/?p=&sitecode=lex