This is a news story, published by financialpost, that relates primarily to Enserva news.
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global oil demandfinancialpost
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78% Informative
Capital expenditures in oil and gas are forecasted to exceed $40 billion in 2025 , a new report by oilfield industry association Enserva says.
A boost in export capacity brought on by the Trans Mountain Pipeline expansion ( TMX ) and the forthcoming LNG Canada project are driving the spending increases.
Oil and gas drilling was up more than five per cent this year and is forecast to rise by about 2.8 per cent in 2025 .
The upstream sector has also had a surge in employment, according to the report.
VR Score
85
Informative language
85
Neutral language
77
Article tone
semi-formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5