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Vol. 12, No. 32 Week of August 12, 2007
Providing coverage of Alaska and northern Canada's oil and gas industry


Profits, labor woes hit Alberta

Conference Board of Canada predicts 25% drop in profits this year, but expects 2008 rebound

Gary Park

For Petroleum News

The Canadian oil industry is headed for a 25 percent jolt to its bottom line this year as lower commodity prices earlier in the year and rising industry costs cut into profits, the Conference Board of Canada predicts. Total profits in the sector are forecast at C$12.6 billion, which the independent....

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Five oil sands unions threatening strikes


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