MRO Magazine

oil producers

  • News Industry

    Canada’s oil industry losses to reach $10 Billion in 2016

    October 6, 2016 by MRO Magazine

    Ottawa – Ongoing revenue woes, combined with a slower than anticipated cost cutting response, are leading to another poor year for Canada’s oil producers. Following record losses of $11 billion in 2015, Canada’s oil extraction industry is on track to