#oil-industry-trends

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fromwww.cbc.ca
3 days ago

Oil industry continues focus on returning cash to investors over new big projects | CBC News

Alberta's oilpatch is generating billions in profits, but much of that is directed toward shareholder payouts rather than new operational expansions. Actual investment nosedived from $80 billion in 2014 to around $30 billion today, indicating that profits are not translating into new projects.
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