Alberta eyes tar sands boom

One of the world’s largest oil companies says they are running out of oil.

APTN National News
One of the world’s largest oil companies says they are running out of oil.

In its annual financial report, energy giant Exxon Mobil says that for every 100 barrels of oil it has in reserves, it can only replace 95.

The Alberta government sees that as its ace in the hole.

APTN National News reporter Noemi LoPinto has more.

Online Producer / Ottawa

Before moving to become the APTN News social media producer, Mark was the executive producer for the news in eastern Canada. Before starting with APTN in 2009, Mark worked at CBC Radio and Television in Newfoundland and Labrador and Ottawa.