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February 28
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Frigid winter weather raising gas prices, dwindling gas storage levels and strong international sales were cited as key factors for the optimism by officials
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March 21
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Exports of Canadian crude and refined products climbed to a two-decade high in 1995, oil averaging 1.04 million bbls per day and refined 290,000 bbls per day
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April 2
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Canada awarded the 16th World Petroleum Congress to be held in Calgary June 11, 2000
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August 6
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Construction on the Hibernia project reaches its final stages |
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September 24
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Oilpatch is making waves on the Internet as more and more energy companies begin to tackle the somewhat confusing but valuable world of cyberspace |
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October 22
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The group of Canadian companies aiming to build the $3.6-billion Alliance natural gas pipeline project from Ft. St. John to Chicago can expect opposition from U.S. producers together with the state governments bent on maintaining essential services funded by industry revenue |
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October 24
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Falling interest rates and strengthening Canadian dollar are encouraging industry forecasters to predict higher natural gas prices, more conservative oil prices and a substantial increase in the number of wells drilled over the next five years
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December 18
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Industry kept pace with record-breaking drilling levels this year as Crown land buying reaching $1.02 billion in Western Canada, marking the second time the billion-dollar marker was breached this decade
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