Canada could become the world’s biggest contributor in 2024. An increase in oil production by about 500,000 bpd is expected, which exceeds the 400,000 bpd increase predicted for the United States.
Canada to Lead World’s Oil Production in 2024
Wall Street just raised its outlook for the oilsands
Oilsands production is now expected to reach 3.7 million barrels per day by 2030, half a million bpd more than today and 140,000 more than last year’s forecast.
Chevron Corp. would consider selling its 20 per cent stake in a Canadian oil sands
Chevron Corp. would consider selling its 20 per cent stake in a Canadian oil sands mine as its faces investor pressure to do more to curb emissions and fight climate change.
Top 10 potential Canadian oil projects – Transcourt
Summary of the Western Canada well, spud and facility permits approved Oct 14 2020
Husky Sunrise Thermal (SAGD) Project
Located 60 kilometres northeast of Fort McMurray, Alberta, Sunrisehas a rich bitumen deposit with estimated total proved, probableand possible reserves of 3.7 billion barrels (estimated as of December31, 2009). The project will be built in phases, ultimately producingmore than 200,000 barrels of bitumen per day, and will be a40 year…
CNOOC Oil Sands – Long Lake & Kinosis
Canada is home to the world’s third-largest hydrocarbon basin – the oil sands – which equates to 97% of Canada’s oil reserves. This long-term resource offers energy potential – about 1.7 trillion barrels of oil can be recovered, of which 165 billion barrels are in the oil sands. Alberta is…