petroleum

Oil investment to increase by $700 million

Oil investment to increase by $700 million

Feb 28, 2024 | 5:11am
Canada’s energy sector is boosting upstream capital investments this year. The Canadian Association of Petroleum Producers (CAPP) forecasts the sector to invest $40.6 billion (CAD) this year, up approximately $700 million over 2023 levels. According to Lisa Baiton, President and CEO of CAPP, there is cautious optimism with current Canadian oil production at record levels […]
Minister Jean speaks about World Petroleum Congress in Calgary

Minister Jean speaks about World Petroleum Congress in Calgary

Sep 18, 2023 | 3:38pm
The 24th World Petroleum Congress is being held in Calgary to discuss energy transition and paths to a net zero future. The conference covers many aspects of the petroleum industry from technological advances, to management of the industry and its economic and environmental impact, as well as operations. Alberta’s Minister of Energy and Minerals, Brian […]