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While Ontario in 2010 had 1,200 active oil wells and 1,400 active onshore and offshore natural gas wells, [6] there was no major shale gas production as of early 2011. In 2012, a campaign against fracking was launched in Ontario. [7]
In 2015 Alberta produced an average of 492,265 cubic metres per day (3.1 Mbbl/d) of Canada's 621,560 cubic metres per day (3.9 Mbbl/d) of oil and equivalent production. [11] Most of its oil production came from its enormous oil sands deposits, whose production has been steadily rising in recent years.
Canada set up its NRX research reactor at Chalk River Laboratories in 1947. In 1962 the NPD reactor in Rolphton, Ontario was the first prototype power reactor in Canada. From this the NRC and the AECL developed the CANDU reactor. Ontario Hydro's first production power reactor was constructed at the Douglas Point in 1956. Eighteen reactors were ...
The OPEC+ members decided at an online meeting to postpone production increases that had been scheduled to take effect Jan. 1. The plan had been to start gradually restoring 2.2 million barrels ...
The Toronto-Dominion Centre in Toronto. The economy of Ontario is diversified.Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. [1] [2] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [3]
OTTAWA (Reuters) -Five Canadian news media companies filed a legal action on Friday against ChatGPT owner OpenAI, accusing the artificial-intelligence company of regularly breaching copyright and ...
The Russell 2000 small-cap index jumped more than 5% on Wednesday for its best day in nearly two years. It closed the week up more than 8% for its best week since April 2020 and is now closing in ...
The Ontario Energy Board is the provincial regulator of natural gas [1] and electricity utilities in Ontario, Canada. [2] This includes setting rates, and licensing all participants in the electricity sector including the Independent Electricity System Operator (IESO), generators, transmitters, distributors, wholesalers and electricity retailers, as well as natural gas marketers who sell to ...