Capital spending in Canada’s oil and gas sector declined by more than 50 per cent between 2014 and 2017.
Two interesting articles were published recently discussing energy poverty in developing countries, and different ideas about what should be done to alleviate it.
As almost everyone knows by now, Canada has some interesting challenges looming when it comes to transporting increasing oil production to markets both inside and outside of Canada. What many Canadians might not realize is how important oil exports are to Canadas economy. Canada has the worlds third largest proven oil reserves, is the fifth largest exporter of crude oil, and is the fifth largest producer of crude oil in the world.