Alberta's Great Oil-Sands Boom Is Poised to End in 2018: Chart

Almost two decades of expansion in Alberta’s oil sands is set to end in 2018 as no projects currently under construction are set to be completed that year or beyond, according to Oil Sands Review’s Spring Oil Sands Quarterly. About half a million barrels a day of planned production capacity has been canceled or put on hold since the summer of 2014, when the oil-price rout began, the publication estimates.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.