“NEW”      Patented    HORIZONTAL    STANDING VALVE    Available TODAY!

Enbridge sees oilsands spending rising after a year-long freeze

Author: External Author | | Categories: Oil Well Optimization , Oilfield Service Company , Oilfield Services

vw0407oilsands.jpg

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.

Read More

Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Geoffrey Morgan

Original Article Posted on:  April 7, 2021 

Link to Original Article:  https://financialpost.com/commodities/energy/oil-gas/enbridge-sees-oilsands-spending-rising-after-a-year-long-freeze



READ MORE BLOG ARTICLES

Top