The Oil & Gas Year Canada 2012
Canada is at a dramatic crossroads as debate rages over how to best enter the new oil era of shifting demand and unconventional resources. The world’s third largest holder of oil reserves, third largest natural gas producer and biggest source of US energy imports, Canada, fuelled by abundant oil sands the country is now looking east to Asian markets as US demand levels off and production rises. Enmeshed in discussion over new pipeline routes and the environmental impact of harvesting the sands, the dynamic and small and mid cap exploration and production firms of Alberta are improving upon the EOR techniques that have already made Canada so famous. All the while, the country scrambles to address a challenge every other country would love to have – too much new work.
The Oil & Gas Year Canada 2012 casts a critical eye over Canada’s hydrocarbons industry. The publication focuses on a number of issues such as the Keystone pipeline and the tiny coastal town of Kitimat, where an LNG facility will soon export to Asia. Based on more than 100 interviews with leading innovators, executives and policy makers, the reporting, analysis and resources inside The Oil and Gas Year Canada 2012 make it an indispensible guide to Canada’s energy industry.