Despite recent limitations on new project development, Canada’s oil sands industry shows resilience, supported by government policies, pipeline expansions, and geopolitical factors, with production expected to plateau around 3.9 million b/d by the early 2030s.
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- S&P Global: Canadian oil sands output set for record 3.5 million b/d in 2026
S&P Global: Canadian oil sands output set for record 3.5 million b/d in 2026
- September 29, 2026
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