Large work camps associated
with oilsands projects can accommodate thousands to house workers who come from as far away as Newfoundland and Labrador.
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 Ind
project and a slower ramp up in liquids - rich natural gas output from its BD
Project in Ind
Project in Indonesia.
Falling within his portfolio are the company's Canadian operations, including the Athabasca
oilsands project and its growing interests in liquefied natural gas (LNG), including a proposed export terminal in Kitimat, B.C.,
with a rumoured price tag of more than $ 12 billion.
He said regulatory confusion and delays in Canada have prevented the timely completion of pipeline
projects such as the Trans Mountain expansion, leading to difficulty in getting crude oil to markets and the current steeper - than - usual discounts being paid for Canadian
oilsands crude compared
with benchmark New York - traded oil.
After all, prior to the Great Recession, Alberta's industrial heartland looked poised to become an upgrading mecca,
with new refinery
projects expected to boost local production of
oilsands crude by more than half a million barrels a day.
Proceeding
with new
oilsands projects in the absence of this limit is simply unacceptable, and threatens the credibility of Alberta and Canada's
oilsands regulatory process.»