Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

Free
Message: Upcoming Expectations
Reply New Message
Prev Message Back To Forum Threaded View Next Message

What do you think what MRC could contribute for this Q and later on?

Nothing.

All Integrated are reporting loses on their upstream operations. Royal Dutch and Shell put some of their refineries for sale. Chevron just put several their refineries for sale and said that they will be cutting down their refining by 20%.

To much refining capacity in the system and and high oil prices are to blame for this situation.

Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply