Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2016-04-08 20:50:00

CANADA INVESTMENT DOWN 62%

CANADA INVESTMENT DOWN 62%

 

CANADA MAP

 

CANADA OIL GAS MAP

 

Capital spending in Canada's oil and natural gas sector is forecast to decline $50 billion, or 62 per cent, since 2014, the largest two-year decline since the Canadian Association of Petroleum Producers (CAPP) and its predecessor organizations started tracking this data in 1947, according to new data compiled by CAPP.

Total capital investment in the oil and natural gas sector is forecast to decline to $31 billion in 2016, down from a record $81 billion in 2014.

"Canada needs urgent action to remain an attractive market for oil and gas investment, and to be competitive relative to other oil and natural gas producing jurisdictions," said Tim McMillan, CAPP president and chief executive officer.

"Times are tough today in Canada's oil and natural gas sector, but the world will require responsibly produced energy for a long time to come," McMillan said. "Canada has the energy the world needs, and we can and should take action now, as a country, to ensure Canada competes globally and becomes the energy supplier of choice to world markets."

The timely expansion of Canada's pipelines network to deliver to more markets at home and abroad, along with the development of liquefied natural gas export facilities, remains a national priority. Doing so would allow Canadians to earn full value for their resources and create economic activity that would otherwise be lost.

"The United States, our only customer and No. 1 competitor, is certainly not standing still," McMillan said. "We as a country need a common effort to have a level playing field in North America. Doing so will help ensure Canada is not at a competitive disadvantage relative to the U.S."

The total number of wells drilled in Western Canada is forecast to decline to 3,500 wells in 2016, a 66 per cent drop from the 10,400 wells drilled in 2014.

More than 2,300 businesses across Canada outside of Alberta supply goods and services to the oil sands. Including indirect jobs, more than 110,000 people across Canada have lost their jobs as a result of the downturn in the oil and natural gas sector.

"The impacts of declining activity in Canada's oil and gas industry are felt by many families across the country. Governments will see revenues from industry's royalty and tax payments reduced further, which could impact their ability to fund public services such as universities, hospitals and roads," McMillan said.

"Connecting our resources - by all means and in all directions - to more markets is critically important to improve the prosperity of all Canadians, even with the current declines in prices and investment," McMillan said, noting Canadian oil production continues growing as previously approved oil sands projects come into operation.

"More market access and being able to attract the investment that creates jobs - these are the twin determinants of the long-term success of Canada's oil and natural gas industry, and our ability to put Canadians to work."

The Canadian Association of Petroleum Producers (CAPP) represents companies, large and small, that explore for, develop and produce natural gas and crude oil throughout Canada. CAPP's member companies produce about 90 per cent of Canada's natural gas and crude oil. CAPP's associate members provide a wide range of services that support the upstream crude oil and natural gas industry. Together CAPP's members and associate members are an important part of a national industry with revenues from oil and natural gas production of about $120 billion a year. CAPP's mission, on behalf of the Canadian upstream oil and gas industry, is to advocate for and enable economic competitiveness and safe, environmentally and socially responsible performance.

energynow.ca

-----

More: 

U.S. RIGS DOWN 14 

COMPLICATED OIL PRICES 

TRANSCANADA DEAL: $13 BLN 

CANADA WILL LOSE 

CANADIAN OIL UP 

SUNCOR NET LOSS $2 BLN 

CANADIAN OIL INVESTMENTS DOWN

 

 

Tags: CANADA, OIL, GAS, INVESTMENT

Chronicle:

CANADA INVESTMENT DOWN 62%
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

CANADA INVESTMENT DOWN 62%
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

CANADA INVESTMENT DOWN 62%
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

CANADA INVESTMENT DOWN 62%
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

All Publications »