17.3 C
New York
May 3, 2024
Americas Canada Climate crisis Fossil fuels Gas news Oil World news

Canada oil and gas firms to drill 8% more wells next year as emissions target slips

Producers take advantage of new shipping options, including government-owned Trans Mountain pipeline, to boost exports

Oil and gas producers say they will drill 8% more wells in Canada next year as they look to take advantage of new shipping options, including a controversial government-owned pipeline.

Amid forecasts that Canada is not on target to reach its emissions reductions goals, on Friday the Canadian Association of Energy Contractors (CAOEC) predicted nearly 500 more wells next year, to 6,229 projects.

Continue reading…

Related posts

Morocco earthquake updates: more than 800 people killed and hundreds injured

TheWorldsNews

Switzerland at risk of EU blacklist after Credit Suisse leak

TheWorldsNews

Nigeria’s opposition parties call for election to be scrapped

TheWorldsNews

Pin It on Pinterest

Share This