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Why oilsands majors are holding back on expansion
Дата публикации: 10-08-2026 19:49:15
Watch: FP Energy's Daniel Trainer looks at how different-sized players in Canada's oilpatch are handling a second-quarter windfall from higher crude prices
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Heavy haulers are seen at the Suncor Energy Inc. Fort Hills mine in this aerial photograph taken near Fort McMurray, Alta. Photo by Ben Nelms /BloombergArticle content
Canadian oil producers earned more than $13 billion in the second quarter as crude prices climbed. Smaller companies are raising growth budgets, but oilsands majors remain cautious about expansions. We look at where the cash is going, why project timelines change the calculation and what Alberta’s incentives could unlock.
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