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January 13
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Pacific Gas Transmission expansion could pump $14 billion into Canadian economy
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January 20
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Imperial Oil successful bidder for Texaco Canada
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March 27
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Worst oil spill in North America shuts down flow of Alaska oil
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July 5
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Shell Canada files Caroline, Alberta gas project application |
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August 29
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Energy Ministers back away from 20% emissions target reduction |
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September 18
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Prime Minister Brian Mulroney opens the 14th Congress of the World Energy Conference in Montreal
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September 28
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Despite the current malaise in drilling activity, the Canadian oil and gas industry has entered a long term recovery phase and can look forward to steady gas-fired growth
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October 18
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Light crude oil production from Canada may have peaked in the final quarter of 1988 and the long expected decline in conventional crude oil may now be underway, according to a federal government market review
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October 20
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National Energy Board approves application by Esso Resources Canada Limited, Shell Canada Limited and Gulf Canada Resources for licences to export some 9.2 tcf of Mackenzie Delta gas as early as 1996
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October 25
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OPEC is considering a long term pricing strategy which anticipates a real reference price of $18 (U.S.) which translates into $23 per barrel by 1995 and $29.60 by the year 2000
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October 31
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Foothills Pipe Lines (Yukon) Ltd. re-opens pipeline phase to build a Mackenzie Delta pipeline
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November 23
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Canadian conventional crude capacity reaches 27 year low
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