COVID stalls positive momentum on Canadian oil and gas capital spending
Despite ebbing investment, industry turnaround could be in the cards with major projects moving forward
Despite ebbing investment, industry turnaround could be in the cards with major projects moving forward
While oil and gas investment has grown substantially in other parts of the world, Canada has failed to keep pace
Enoch Cree Nation and partners receive $93-million investment from provincial agency that funds major Indigenous ventures
Russia, Asia and the U.S. saw energy investment surge over nine-year period while Canada lagged behind
District of Clearwater looks to continue growth thanks to $3.1-million water and sewer investment for pipeline project
Momentum that had been building early in 2020 showing signs of return as COVID-19 restrictions ease
How one job in oil and gas spurs employment across multiple sectors
Producers are expected to spend approximately $2 billion more in 2020
Eight member board will have up to $1 billion available for resource projects involving First Nations participation
Despite hurdles, Canadian oil and gas poised to play significant role in meeting global energy demand through 2040 and beyond