Not exact matches
They have access to both surging light -
tight oil production, which will be in demand as low - sulfur requirements tighten in shipping at the end of the decade, as well as captive (and cheaper)
Canadian heavy barrels.
ARC Energy Research Institute forecasts $ 30 billion will be spent in conventional and
tight oil and gas formations in Canada this year, which is more than twice the $ 12 billion in investment projected to go into the oilsands, but still well below the peak of $ 46 billion spent in
Canadian conventional
oil and gas production in 2014.
Canadian oil sands development is now operating at scale, the shale gas and
tight oil revolutions are upon us in the United States, and major institutional energy reforms in Mexico are under way that could enable substantial new investment in the Mexican
oil and gas sector.