Sentences with phrase «for oilsands production»
Finding an exit route for oilsands production is a key priority for the prime minister, as the 2013 throne speech indicates:
http://www.canadianbusiness.com/ Not exact matches
On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to an average of about 315,000 boe / d, with exit production of about 335,000 boe / d, to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.
Yes, the commercial case for the Keystone XL project was entirely based on this Midwestern buildup and future production growth in the Bakken and Canadian oilsands.
On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to about 335,000 boe / d to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.
Husky Energy Inc. on Thursday became the second big oilsands producer to say that it throttled back first - quarter production in response to steeper discounts for Canadian crude.
Alberta could cut its greenhouse gas emissions almost by half by shutting down its coal - fired power plants, a move that would make room for more oilsands production.
However, the massive forest fire in Alberta that resulted in oilsands production shutdowns earlier this month have cut into expectations for the economy in the second quarter.
Thus, an analysis by the Canadian environmental think tank Pembina Institute found that Keystone XL would be a «key driver for oilsands growth,» increasing production by 36 percent.