Tag: Oilsands Production

CAPP raises Canadian oil growth forecast, calls for pipelines

CAPP raises Canadian oil growth forecast, calls for pipelines

Canadian oil output up by one-third by 2030 The Canadian Association of Petroleum Producers is predicting Canadian oil production to grow by one-third to 5.1 million barrels per day (b/d) by 2030, despite decreases in capital spending. This is the first time in four years that CAPP has raised its predictions. ┬áIn 2013, the industry […]