‘Existing oil sands projects deliver some of the lowest-breakeven oil in North America’

‘Existing oil sands projects deliver some of the lowest-breakeven oil in North America’

From the Canadian Energy Centre  By Will Gibson Alberta oil sands projects poised to grow on lower costs, strong reserves As geopolitical uncertainty ripples through global energy markets, a new report says Alberta’s oil sands sector is positioned to grow thanks to its lower costs. Enverus Intelligence Research’s annual Oil Sands Play Fundamentals forecasts producers will boost output by 400,000 barrels per day (bbls/d) by the end of this decade…