Green Car Congress
JULY 29, 2020
Canadian oil sands production is expected to decline by nearly 175,000 barrels per day (b/d) in 2020 as a result of COVID-19—the largest annual decline on record. The new forecast by the IHS Markit Oil Sands Dialogue , which takes into account the “COVID-19 shock,” projects Canadian oil sands production to reach 3.8
Green Car Congress
JUNE 6, 2019
Canadian oil sands production is set to enter a period of slower annual production growth compared to previous years. Large scale oil sands projects take two, three, four or more years to be brought online and so the reality of a slower pace of investment and growth in the Canadian oil sands is taking shape.
Green Car Congress
JUNE 18, 2022
The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. After the United States, EIA expects liquid fuels production to increase the most in the non-OPEC countries of Brazil and Canada.
Green Car Congress
APRIL 12, 2010
Potential 2010 dispositions noted at that time includes the company’s ownership interest in Syncrude and the Rex Pipeline; 10% of its Lower 48 and Western Canada portfolio; and its remaining US marketing assets. The company anticipates 20% CAGR from 2007 to 2019 to almost 300 million barrels of oil equivalent.
Green Car Congress
NOVEMBER 9, 2019
The Government of Alberta, Canada, is now allowing curtailed operators to drill new conventional oil wells without being restricted by production limits. Oil production in Alberta in September 2019 was 16.75 Non-conventional (or oil sands) production, which constituted 83.8% million cubic meters, up 2.1%
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