Canada's crude oil profits going gangbusters
The value of crude oil exports from Canada has increased over 15-fold in the last 30 years, according to a report from Statistics Canada and the Canada Energy Regulator.
Kevin Birn
New report questions Trans Mountain expansion’s ‘Asian markets’ rationale
Canadian oil producers would be taking a loss of US$4 to $6 per barrel if they sold to Asian refineries through TMX compared to selling to U.S. refineries, says the Canadian Centre For Policy Alternatives’ B.C. office.
Canadian oilpatch cutbacks expected to continue despite OPEC deal
Canadian oil wells will continue to be shut down amid weak global oil prices despite an agreement to limit production struck by OPEC and other major producers on the weekend, producers say.