Canadian Oil Producers May Wait for Elections Before Cutting Emissions ...Middle East

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Several small-sized Canadian oil and gas producers prefer to wait and see if Prime Minister Justin Trudeau and his Liberals will survive the 2025 election instead of investing a lot of money and cutting production now to start complying with a federal framework to slash emissions by 2030. “Say that we would have to spend significant capital (to comply), we would have a look at, is this government going to survive and what are the chances of this legislation surviving?” Bonterra Energy's Pat Oliver told Reuters. Small producers such…

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