Tag Archives: Canada

Canadian oil sands production is set to enter a period of slower annual production growth compared to previous years.

Canada is the largest energy trading partner with the United States based on the combined value of energy exports and imports.

Canadian Natural Resources Ltd. can’t yet claim the King of the Oil Sands status. but it’s a lot closer to overtaking its rival Suncor Energy Inc. after buying a key Athabasca drilling site.

Canadian Natural Resources agreed to buy the Canadian business of Devon Energy for C$3.8 billion ($2.8 billion). gaining heavy-oil assets in the province of Alberta.

The project has languished in pipeline purgatory as Canada’s federal government. BC. Alberta. indigenous groups. and environmentalists continue to wage war over the controversial project.

Drilling for oil and gas in Canada will likely decline by 5 percent in 2019.

Both the Mexicans and the Americans have been eager to reach a fully revised deal by the end of August.

Bilateral trade between Canada and Saudi Arabia is worth more than $3 billion a year.

As the row deepens. oil was bound to become the center of attention. albeit briefly.

Eastern Canadian refineries import about 75.000 to 80.000 barrels per day of Saudi Arabian crude.