NEWS ARCHIVE

Belt tightening continues at Elk

TOUGH times have forced Elk Petroleum to sell its Grieve pipeline in Wyoming for $US9 million ($A9.84 million), with the new owner to receive a $2.60 per barrel tariff on crude piped through.

James McGrath

Last week Elk said it was reducing staff as part of a cost-cutting program, however, when EnergyNewsPremium contacted Elk's North American office at the time it said it could not confirm there would be...

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