Are reports of Canada's oil sands demise greatly exaggerated?
Canada is looking to boost oil sands output by 2020, in spite of the major political and environmental challenges
Despite expectations that the world's third-largest oil reserves had become a sunset industry, Canadian firms have announced plans for new expansion projects that, if built, would add more than 0.5m new barrels a day by the end of the decade. Homegrown oil producers continue to consolidate and plot ambitious growth even as international majors such as Shell and BP clamour for the exits—and even as environmental, economic and regulatory issues rumble on surrounding climate change and new pipeline construction. While it's clear that the days of wholesale expansion are over, future years will be marked by continuous operations of existing facilities and spotty, but regular, incremental additi
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
