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...Capp said a chunk of the funds would be funnelled into development of carbon capture technology....
...“But at the same time that will protect something in the range of C$3tn of GDP.”...
...However, capital spending in Canada’s oil and gas sector has plunged from a high of C$81bn ($65bn) seven years ago to just over C$27bn this year, according to the Canadian Association of Petroleum Producers...
...The oil industry accounted for about a quarter of Newfoundland’s gross domestic product between 1997 and 2017, Capp said....
...on US law enforcement The president, playing to his base, undermines crucial institutions The Big Read The Big Read: Nuclear’s hazards: struggling industry aims for power surge The UK’s Hinkley Point C...
...Canada’s oil pipeline network has capacity to carry 4m b/d, and last year carried 3.98m b/d, the CAPP said....
...The group predicted that total capital investment in the oil and natural gas sector would fall to C$31bn in 2016, down from C$48bn the previous year and a record C$81bn in 2014, when prices started to plunge...
...The Canadian Association of Petroleum Producers, which represents the industry, forecast that it would invest C$42bn (US$29.5bn) this year, 13 per cent less than last year and 48 per cent less than in 2014...
...Capp estimated total oil and natural gas industry capital spending at C$45bn (US$37bn) in 2015, down nearly 40 per cent from 2014. Oil sands capital spending will be 30 per cent lower at C$23bn....
...The New Democratic Party government, elected in a surprise victory in May, said a phased increase would raise the province’s emissions levy from C$15 ($12) per tonne this year to C$20 next year and C$30...
...The CAPP expects investment in conventional and shale oil and gas in western Canada to drop by 42 per cent this year to C$21bn, but investment in the oil sands to drop just 24 per cent to C$25bn....
...-C$100 ($73-$91) a tonne”....
...“There is a huge search for yield at the moment with investors trying to put their cash to work,” said Eric Capp, head of high yield capital markets at RBS....
...The Canadian Association of Petroleum Producers (CAPP), the industry group, forecast total capital spending in the region, C$11bn in 2009 and C$13bn in 2010, will rise to C$15bn this year....
...According to the Canadian Association of Petroleum Producers (CAPP), capital spending will be C$2bn higher this year than in 2010....
...Congressman Peter Welch and Lois Capp will repeat their calls for BP to halt its dividend payments and generally try to whip up the anti BP/British frenzy. ———— Meanwhile, Dougie Youngson, the Arbuthnot...
...Lois Capps, a Democratic congresswoman from California and one of those calling on BP not to pay dividends, this week said that “not a single cent” should be spent on ads....
...“Continuing problems with the no-fly and selectee lists make the headlines on a regular basis, and the effort to put into place a system to augment CAPPS I (Computer Assisted Passenger Prescreening System...
...They would operate at high temperatures (500-1,000°C) to maximise efficiency and minimise the output of radioactive waste....
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