About the Industry
Future of Oil and Gas
Worldwide demand for petroleum products is still growing. As populations continue to grow in developing nations (such as China and India), the world’s reliance on petroleum products and fossil fuels is expected to rise. Canada’s oil and gas industry will become a key player in helping the world meet its predicted energy demands.
- The 2008 International Energy Outlook Report (PDF) forecasts worldwide energy demand to increase by 50% by 2030.
- Fossil fuels will continue to be the primary source of energy, accounting for 77% of demand increase to 2030.
- World use of liquids and other petroleum is expected to rise to 91 million barrels per day in 2015 and 107 million barrels per day in 2030.
While the world's energy resources are predicted to be adequate to meet energy demand to 2030 and beyond, careful environmental planning and economic considerations must be taken into account to protect our climate. Canada’s oil and gas industry is committed to the safe and efficient development of oil and gas resources, to help reduce emissions and lessen the impact to our environment. In fact, Canada leads the world in technology and innovation, and has already contributed over $4 billion towards climate change initiatives, such as carbon capture and storage technology and public transit.
Your Future in Canada’s Oil and Gas Industry
Global demand, combined with Canada's vast oil and gas resources and advances in technology, tell us there will be lots of work in this industry for many decades to come. The industry is seeking people, just like you, from diverse backgrounds – aboriginals, women, immigrants and youth to work in the industry.
With over 500,000 people employed directly and indirectly in the oil and gas industry, this means that when you start a career in oil and gas, you join an industry with a future. In exchange, you will learn new skills, enhance your expertise, advance your career and improve your quality of life.
For industry forecast data, visit:
