Forecast: Canada to See Some Rebound in Oil & Gas Capex This Year

SUGAR LAND--January 14, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Capital spending by Canada's oil and gas producers hit a historic low in 2020, but the industry will see a C$3.36 billion (US$2.66 billion) bounce in upstream spending this year, mostly in Alberta and British Columbia, according to a forecast by the Canadian Association of Petroleum Producers (CAPP).

Within this article: Narrows Lake SAGD Bitumen Production Project