Oil sands to the rescueNorthern Alberta resource props up growth in world oil reserves, despite 45% hike in upstream spending; Asia-Pacific gas gains Gary Park For Petroleum News
Take the Alberta oil sands out of the mix and a bleak year of global additions to oil reserves in 2006 would have been much worse, according to the 40th annual Global Upstream Performance Review by the research firm of John S. Herold and upstream corporate advisor Harrison Lovegrove & Co.
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Canadian investments up Natural gas reserves up 2.7%
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