martes, 13 de noviembre de 2018

Canada gets it right on cannabis, wrong on oil, GMP CEO says

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Oil Sands News Digest
Wednesday 14 November 2018
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Major pipeline projects in Canada have failed to get off the ground, leading to a record price discount for the nation's oil sands crude.

In the past two years, Cat has been working on growing its offering, particularly in the underground segment, as well as filling up some gaps in terms of trucks sizes.

Canada's oil producers can't catch a break.

A technical committee representing the coalition projected on Saturday a global oil surplus will resurface in 2019.

Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.

The International Energy Agency called on producers to pump more as the market "enters the red zone."

But Teck Resources says it will have the most advanced emission-control system in oil sands.

The Calgary-based company has invested in Acceleware's RF XL commercial pilot.

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