Tuesday, November 11, 2014

Still playing in the sandbox.

CALGARY – A new report suggests Canada's oil sands production would continue to grow even if oil prices hover around US$85 a barrel over the next 25 years. Vermilion Energy gears back 2015 spending amid falling oil prices "While it remains under review, we currently anticipate our 2015 capital budget will be less than 2014 capital…

Oil sands revenue to reach $2.5-trillion by 2038 despite price slump, report says