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In turnaround, oilpatch profitability probably never been better

In turnaround, oilpatch profitability probably never been better
calgaryherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgaryherald.com Daily Mail and Mail on Sunday newspapers.

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Chris Varcoe: In a stunning turnaround, Canadian oil-patch profitability has probably never been better

Chris Varcoe: In a stunning turnaround, Canadian oil-patch profitability has probably never been better
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The goal posts are moving : After Big Oil s terrible week, Canadian oil companies brace for investor pressure

About half of all Canadian oil production is now backed by a net-zero pledge of some type

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Varcoe: IEA net-zero report delivers sobering assessment for Canada

But when it comes to oil and natural gas, the report contains a different message: no spending on new supplies is required as demand falls

Black diamondUnited statesFrance generalNorth dakotaJackie forrestTristan goodmanChris varcoeAllan fogwillJason kenneyAndrew leachChristopher landry postmediaFatih birolChris severson bakerUniversity of albertaWorld energyCanada energy regulator

Chris Varcoe: IEA net-zero report delivers sobering assessment for Canada

But when it comes to oil and natural gas, the report contains a different message: no spending on new supplies is required as demand falls

Black diamondUnited statesFrance generalNorth dakotaJackie forrestTristan goodmanChris varcoeAllan fogwillJason kenneyAndrew leachChristopher landry postmediaFatih birolChris severson bakerUniversity of albertaWorld energyCanada energy regulator