CANADIANS TO BOOST UPSTREAM SPENDING

The Canadian Petroleum Association estimates upstream spending of $8-8.5 billion this year in Canada, compared with an estimated $6.4-6.8 billion in 1990. A number of Canadian companies have disclosed plans to boost spending for 1991. Shell Canada Ltd. will hike capital and exploration outlays to $1.1 billion, double its 1990 spending. The budget includes $800 million for oil and gas exploration and development. A major item will be $405 million for development under way in Caroline sour gas

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