The pair's managing director Jim McFarland said: Although we have been disappointed with the delays in commissioning the plant, good progress is being made in understanding and resolving the air emissions issues that have limited run time on the plant. McFarland was responding to a decision by his 50% Canadian partner Suncor Energy to suspend the project's next phase after suffering an after-tax write down of $54 million due to operational problems requiring expenditure of $8.8
Stuart twins dig heels into shale
QUEENSLAND'S Stuart oil twins, Southern Pacific Petroleum and Central Pacific Minerals, are refusing to call it quits at a problem-plagued oil shale project in the northern Australian state.
15 September 2000 0:00 GMT
Updated
15 September 2000 0:00 GMT