Canada cuts steam-driven oil projects, risking permanent damage

Canada cuts steam-driven oil projects, risking permanent damage
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21.04.2020

MOSCOW (MRC) -- Canada's steam-driven oil facilities are bearing the brunt of output cuts as the industry copes with low prices, and deeper reductions may risk permanent damage to the sites, said Hydrocarbonprocessing.The COVID-19 pandemic has severely cut fuel demand as the global economy slows, leading refiners to reduce purchases of crude. Canada, the world's fourth-largest oil produc

Full article at mrcplast.com

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