Alberta Ends Oil Sands Experiment – Rigzone

Alberta Ends Oil Sands Experiment – Rigzone

(Bloomberg) – Alberta’s two-year experiment with OPEC-style crude production restrictions comes to an end after a collapse in demand triggered by Covid drove the struggling oil sands industry from the Canadian province to slow down more production than necessary. A production cap that is currently 3.81 million barrels per day will no longer be in […]

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