Canada’s forecasted production of 2.8 million barrels a day this year is down 6.7 per cent from last year’s projection.
oil and gas
Southeast Asian country’s policy climate receives poor grade in annual survey.
The list of made-in-Canada policies that have reduced our competitiveness is long and substantial.
The total spill volume from 2004 to 2017 equaled an estimated 0.00003 per cent of hydrocarbons moved through the four analyzed pipelines.
The Canadian Pacific Railroad is the most famous case of federal involvement in infrastructure projects.
Bill C-69 would completely overhaul how major energy projects are reviewed by government in Canada.
For much of the summer, the federal government will backstop construction costs by Kinder Morgan, a private firm.
Pipeline expansion project may generate $50 billion in government revenue over 20 years.
Kinder Morgan stopped all “non-essential spending” on the $7.4 billion project due to regulatory, legal and political barriers.
Capital investment in Canada’s oil and gas sector declined by an estimated 44 per cent from 2014 to 2017.