Uncertain economic returns and duration of government tax incentives put at risk proposed project of six big Alberta oil firm developers, set to be the world’s largest, says energy sector research firm Wood Mackenzie.
Uncertain economic returns and federal tax credit duration put at risk proposed project of six big oil firm developers, set to be the world’s largest, says energy sector research firm Wood Mackenzie.
The company plans to focus on maximizing the value of its existing assets and progressing high-value growth opportunities while continuing to reduce compan.
The federal government faced fierce external pressure to abandon or weaken its plan to cap oil and gas sector emissions from provincial governments and industry lobby groups in the lead-up to its announcement last week.
The alliance head of Canada’s major oilsands producers says he is "a bit mystified" by Alberta Premier Danielle Smith’s reaction to the federal government's plan to cut methane emissions.