Home › Oil and gas industry sees biggest-ever 2-year decline in spending
 

Keywords :   


Oil and gas industry sees biggest-ever 2-year decline in spending

2016-04-07 19:46:56| Oil & Gas - Topix.net

Canada's oil and gas industry is on track to see its biggest two-year capital spending decline in its seven-decade history, according to the Canadian Association of Petroleum Producers. Companies are expected to invest $31 billion in 2016, a 62 per cent drop from the 2014 record of $81 billion.

Tags: industry gas oil spending

Category:Energy and Environment

Latest from this category

All news
07.11Li-Cycle and Glencore Form Commercial Partnership for Rochester Hub Products
07.11DuPont Debuts Renewable Tyvek to Boost Sustainability in Healthcare Packaging
07.11GFL Environmental Announces Leadership Changes, Positive Q3 Results
07.11Valicor Environmental Services Joins the United Nations Global Compact to Advance Sustainable Practices
07.11Food Waste Drop-Off Bins Installed Throughout Winnipeg, Canada
07.11Town of Oakland, Fla. Signs Contract with Waste Pro of Florida
07.11TEXEL Introduces Waste-to-AI Tech for Landfill, Industrial Sites
06.11Virginia Court Weighs in on Refuse Truck Drivers Liability for Ignoring Stop Sign
Energy and Environment »
07.11UNL commits $5 million to better measure environmental impact of cattle
07.11US cuts interest rates as Trump election raises uncertainty
07.11The Lehigh Short Course Website is Now Open
07.11Carbon Trust Verifies Four BASF Intermediates
07.11Atlantic Tropical Weather Outlook
07.11Eastern North Pacific Tropical Weather Outlook
07.11Producers encouraged to attend Northern Plains Forage Association annual meeting
07.11Labelink acquires International Label & Printing
More »