oil sands

CAPP projects slight increase in Canadian oil and gas capital spending in 2024

CAPP projects slight increase in Canadian oil and gas capital spending in 2024

Feb 27, 2024 | 1:00pm
The industry group representing Canada’s oil and gas producers says capital investment in the sector will edge slightly higher in 2024. The Canadian Association of Petroleum Producers is forecasting capital expenditures for the upstream oil and natural gas sector will reach $40.6 billion this year, a small increase from the $39 billion invested by companies […]