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- Articles and reports: 36-28-0001202100700003Description:
Since 2000, the oil and gas extraction industry has averaged 5% of GDP for Canada, 21% for Alberta, and 25% for Newfoundland and Labrador, making it an important contributor to the Canadian economy. Following the oil price crisis of March and April, 2020, many oil and gas companies in Canada cut back their production and investment plans. One year later the price of oil has increased to pre-crisis levels, and the recovering global economy may support a rebound in global oil demand. This article examines to what extent the industry has recovered from the crisis and the challenges facing the industry, now and in the future.
Release date: 2021-07-28 - Articles and reports: 13-605-X202000100007Description:
An overview of the methods used to compile statistics on exports of energy products within the International Merchandise Trade Program, specifically for the continuous transmission commodities crude oil, natural gas and electricity. Some exceptional processes are followed for these products, and this paper summarizes the methods used, and explains the factors behind the methods selected.
Release date: 2020-11-30
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- Articles and reports: 36-28-0001202100700003Description:
Since 2000, the oil and gas extraction industry has averaged 5% of GDP for Canada, 21% for Alberta, and 25% for Newfoundland and Labrador, making it an important contributor to the Canadian economy. Following the oil price crisis of March and April, 2020, many oil and gas companies in Canada cut back their production and investment plans. One year later the price of oil has increased to pre-crisis levels, and the recovering global economy may support a rebound in global oil demand. This article examines to what extent the industry has recovered from the crisis and the challenges facing the industry, now and in the future.
Release date: 2021-07-28 - Articles and reports: 13-605-X202000100007Description:
An overview of the methods used to compile statistics on exports of energy products within the International Merchandise Trade Program, specifically for the continuous transmission commodities crude oil, natural gas and electricity. Some exceptional processes are followed for these products, and this paper summarizes the methods used, and explains the factors behind the methods selected.
Release date: 2020-11-30
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