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OIL: MEG Sees Oil Sands Expansion Projected Completed by H2 2027

OIL

MEG Energy’s planned 25k b/d expansion of its Christina Lake oil sands site will start next year and be finished in late 2027, the company said in an investor update cited by Bloomberg.

  • MEG is joining other oil sands producers including Cenovus, Canadian Natural in expanding output as companies fill expanded TMX pipeline to the Pacific Coast.
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MEG Energy’s planned 25k b/d expansion of its Christina Lake oil sands site will start next year and be finished in late 2027, the company said in an investor update cited by Bloomberg.

  • MEG is joining other oil sands producers including Cenovus, Canadian Natural in expanding output as companies fill expanded TMX pipeline to the Pacific Coast.