Remember the good old days
Canada’s upstream players reel from 4th-quarter downturn, with capital spending forecast by Barclays Capital to drop 23% in 2009
For Petroleum News
Painful as it is to be reminded, financial results for the third quarter of Canada’s upstream oil and gas sector have just been tallied.
Even without knowing the numbers for the final quarter, the meltdown of commodity prices and the ballooning financial crisis will yield a turnaround of breathtakin....
[additional news subjects in this story]
Contrast is stark
Losing hand for ‘09
None forecasting increase
New royalty regime Jan. 1
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