Oil sands outlook 2020

The IMO 2020 rules, along with uncertainty about when pipeline bottlenecks will be cleared, and limits on the company’s ability to process its oil at the U.S. refineries it co-owns, are issues

prices in the USD60-70/bbl range up until 2020 NGL and other liquids Other OPEC Gulf Shale oil Oil sands Deepwater Shallow water Net change 2017-35. And, while walking the tightrope across these shifting sands in 2020, fundamental changes in the long-term business environment could become more salient. So,  Figure 1 shows the updated oil sands workforce projections to 2020 for on-site construction, ongoing maintenance and operations compared to February's  17 Dec 2019 The Conference Board of Canada's latest outlook summary predicts that oilsands by an average of 4.2 per cent per year from 2020 to 2024. By Kevin Orland on 2/25/2020. CALGARY (Bloomberg) --Canada's oil sands industry may have already built its last big mine. Special Focus: 2020 Forecast - International Drilling and Production · Gyro-while-drilling technology improves 

30 Jan 2020 Capital investment in the oil sands is forecast at $11.6 billion in 2020, up from an estimated $10.7 billion in 2019. This is the first time in five 

10 Dec 2019 In its outlook for 2020, Cenovus expects total production in 2020 to increase Per-barrel oilsands non-fuel operating costs are expected to  13 Jun 2019 “Oilsands capital expenditures in 2019 are forecast to decrease by 19 spending will moderately increase to $26.5 billion in 2020 and $29.6  10 Dec 2019 Lake oil sands operations. The increase in total planned capital spending, compared with. Cenovus's 2019 forecast, is consistent with the  MEG Energy, whose key operations are in the Athabasca oil sands region in its 2020 capital spending by 20% to C$200 million and forecast full-year output in  12 Feb 2020 Update on Alberta: 2020 looks better but hurdles remain on new conventional oil wells in late 2019 has brightened the outlook for energy While Teck Resources Frontier Oil Sands Mine is on the province's energy project 

10 Jan 2020 The recent price decline heightens the troubles of an oil-sands industry that holds the world's third-largest reserves but lacks the capacity to 

of finances in their decision to approve Teck Resources Ltd.'s proposed oil sands project in Alberta. By Hayley Woodin | January 15, 2020, 7:59am  2 Dec 2019 Capital Expenditures (C$ millions) (1). 2020 Full Year Outlook December 2, 2019 , % Economic Investment (2). Upstream Oil Sands, 3,550 –  10 Dec 2019 In its outlook for 2020, Cenovus expects total production in 2020 to increase Per-barrel oilsands non-fuel operating costs are expected to  13 Jun 2019 “Oilsands capital expenditures in 2019 are forecast to decrease by 19 spending will moderately increase to $26.5 billion in 2020 and $29.6  10 Dec 2019 Lake oil sands operations. The increase in total planned capital spending, compared with. Cenovus's 2019 forecast, is consistent with the  MEG Energy, whose key operations are in the Athabasca oil sands region in its 2020 capital spending by 20% to C$200 million and forecast full-year output in 

MEG Energy, whose key operations are in the Athabasca oil sands region in its 2020 capital spending by 20% to C$200 million and forecast full-year output in 

8 Jan 2020 The long-term outlook for the oil sands has improved appreciably 2020 guidance where it forecast that oil production would grow by up to 6% 

MEG Energy, whose key operations are in the Athabasca oil sands region in its 2020 capital spending by 20% to C$200 million and forecast full-year output in 

But as we prepare to enter the 2020s, we're still struggling with some fundamental choices We explored three scenarios for Canada's oil and gas sector — one in base case production forecast, emis- This scenario assumes Canada's oil-sands production continues to grow into the early part of the next de - cade and  9 Feb 2020 Our privacy policy was updated as of March 4, 2020 to reflect new Federal numbers dispute Kenney's oil sands emissions projections. 30 Jan 2020 Capital investment in the oil sands is forecast at $11.6 billion in 2020, up from an estimated $10.7 billion in 2019. This is the first time in five  30 Jan 2020 A 2020 forecast released Thursday by the Canadian Association of Oilsands expenditures are projected to rise by C$900 million ($675 

From weakening economic growth and intensifying trade tensions to global political risks, our 2020 oil and gas industry outlook takes stock of the main factors to watch in 2020. 2020 Oil and Gas Industry Outlook Walking the tightrope—vigilance required to keep moving forward in 2020 There are many concerns about the future of the oilsands as a result of the drastic fall of oil prices, considerable changes in the North American oil industry and environmental policies. Assumptions for the Oil Sands operations, Syncrude and Fort Hills 2020 production outlook include those relating to reliability and operational efficiency initiatives that the company expects will *Harvest says the BlackGold SAGD facility was mechanically completed in early 2015, but the project will not be commissioned until crude oil pricing improves. Expected to be re-started Capacity Start-up