Oil producers are flush with cash. Now what will they do with it?

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Spending plans are up this year in the oilpatch — but they won’t rise near the levels seen earlier in the last decade.A Tamarack Valley Energy pumpjack, located on the Blood Reserve in southwest Alberta, is shown. The company is increasing its spending and oil production a bit this year. (Kyle Bakx/CBC)Canadian oil and gas…Continue Reading

Film producers should open branches in AP, say experts

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VISAKHAPATNAM: Experts in the field of the film industry, including exhibitors and theatre owners, have suggested that film producers and producers-cum-distributors open branches in Andhra Pradesh for pacifying the AP government that has been imposing strict restrictions on cinema ticket rates. At present, most producers pay tax to Telangana government for films screened in Andhra…Continue Reading