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Canadian Oil & Gas Market Expected to See Heavy Investment from Asia


Industry Segment: Production | Word Count: 608 Words

SUGAR LAND--January 31, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Alberta's oil sands have become a major source of crude oil outside the Middle East, due in part to the stable democratic government in Canada, as well as their location outside Eurasia. While the U.S. continues to develop infrastructure to import more Canadian crude oil and natural gas, other countries, particularly those in East and Southeast Asia, are taking an interest in those resources.

Other companies featured: PetroChina Company Limited (NYSE:PTR), Statoil ASA (NYSE:STO)

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