Latest oil sands technologies propel Canada to fourth largest producer of crude oil globally in 2018
Due to rapid technological developments in the exploration and production of oil sands, Canada has emerged as the world’s fourth largest producer of crude oil. They ranked behind the US, Russia and Saudi Arabia in 2018. However, chronic midstream infrastructure bottlenecks and low price environment can limit the progress of the oil and gas industry.
GlobalData’s report helps you to understand the major trends in the industry
Key highlights of the report include:
- Discussion on how oil and gas industry in Canada is benefiting from the development of oil sands reserves
- Evaluation of the two major modes of extraction presently adopted in the industry
- Analysis of how oil and gas companies are focusing on improving the technologies and processes for extracting
- Exploration of the value chain for the industry, highlighting the roles played by different entities in the ecosystem
GlobalData’s Oil Sands – Thematic Research report also provides an insight on the oil sands industry analysis, explaining the developments happening across Canadian Oil Sands as well as in other major markets.