Enbridge sees oilsands spending rising after a year-long freeze
North America’s largest pipeline company Enbridge Inc. believes spending is projected to ramp back up in the oilsands, after taking a hit during the height of the COVID-19 pandemic.
“Did COVID change the oil markets? I think it did, yes,” Enbridge president and CEO Al Monaco said Wednesday at an investment conference hosted virtually by Scotiabank and the Canadian Association of Petroleum Producers.
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Geoffrey Morgan
Original Article Posted on: April 7, 2021