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Tag: canadian oil
US Oil Refiners Pick Iraqi, Canadian Crudes to Replace Storm Losses
2021-09-24 11:15:00| OGI
The loss of up to 250,000 bbl/d after Hurricane Ida has some U.S. refiners seeking replacements for fourth-quarter delivery, especially Iraqs Basra crude, traders said. Others received supplies of sour crude from U.S. storehouses.
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IHS Markit: Canadian oil sands production exceeds pre-pandemic levels, but lower than prior projections
2021-06-24 09:55:40| Green Car Congress
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Canadian Oil Patch Braces for More M&A Activity after Record Start to 2021
2021-03-23 19:00:00| OGI
The flurry of M&A deals underscores the Canadian energy sectors desire to grow to benefit from the rebound in oil prices as global fuel demand picks up. It also reflects smaller companies betting on economies of scale.
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Canadian Oil, Gas Spending Expected to Rise 14% in 2021
2021-01-13 22:27:23| OGI
Still, the forecast is 23% below 2019 investment and just one-third of the industrys peak spend of C$81 billion reached in 2014, according to the Canadian Association of Petroleum Producers.
Canadian Oil Output Seen Expanding Until 2039, Delaying Net-zero Goal
2020-11-24 18:32:49| OGI
Fossil fuels will make up more than 60% of Canadas fuel mix in 2050, even though domestic consumption likely peaked in 2019, the CER said.
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