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Canada's Oil and Gas Industry Soars to New Heights

OilPrice.com Thursday, 9 May 2024 ()
As Canada’s oil and natural gas production hit record high levels, the country is taking pains to amplify its status as a global oil and natural gas superpower. One part of this greater initiative includes an ongoing effort to transform the sector to be less reliant on U.S. markets and infrastructure through strategic expansion of its own industry at a time when the United States is taking a step back. Canada took a major step in that direction on May first when the Trans Mountain pipeline expansion project (TMX) finally became…
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