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for Oil sands

Oil Sands Industry Sees Setback In Canada’s Election Results
Canadian Prime Minister Justin Trudeau's election victory could create more challenges for an energy industry already struggling with low prices and pipeline bottlenecks.

Line 3 Delay Another Headache For Canada’s Oil Industry
Already struggling with a lack of pipeline capacity, Canada’s oil industry hit yet another setback with the recent announcement from Enbridge of delays to its Line 3 replacement project.

Canada’s Oil Industry Faces Long-Term Challenges Without Key Pipelines
The cancellation of the Trans Mountain Expansion pipeline would significantly hurt Alberta's oil sands producers, which are struggling with midstream constraints and large discounts for their crude.

Investment in Canada’s Oil Sands Declines, But Production Still Poised to Grow
Upstream investment in new projects in Canada’s oil sands has declined by two-thirds since the oil market downturn in 2014, and there is no guarantee spending will rebound.

Oil Sands Long-Term Growth Looks Increasingly Shaky as Majors Flee Alberta, Suncor Pivots
With existing production facing a stiff market, new oil sands projects might remain too risky for most companies. Suncor Energy’s strategy of handing over much of its cash flow to investors is a sign that oil sands face a rocky future.

Beyond Shale & OPEC: Canada, Brazil to Add New Supply This Year
While growth in shale has garnered a lot of attention, overlooked is the fact that Canada and Brazil are expected to add a combined 2 mbd over the next five years.

OPEC Deal and New Pipeline Approvals Throw Lifeline to Canadian Oil
Approval from the federal government of two major pipelines, rising oil prices, and a the potential shift on Keystone XL mean that after two years of contraction, optimism has finally returned to Canada's oil patch.

Canada’s Carbon Tax Comes With Silver Lining For Alberta’s Oil Industry
Although the carbon tax proposed by Canadian Prime Minister Justin Trudeau will likely cause more stress for the country's oil industry, it may lead to approval for much-need oil pipelines.

Canadian Wildfires Knock Off 1 mbd of Supply, Fail to Ignite Oil Prices
As Canadian wildfires have failed to cause lasting damage to tar sands extraction facilities, oil markets remain calm despite the size of the disruption.

Canadian Oil Industry Starting to Shut In Production as Prices Plunge to $15
The outlook appears bleak for Canada’s oil industry, with prices for some crude grades in the country trading for just $15 per barrel. The outlook is so bad that some companies are shutting in production.