NorthAmOil Week 01
P. 1
Issue 585 08•January•2020 Week 01
Over the hedge
A spike in crude prices following the killing of an Iranian general has led to US shale drillers reportedly racing to hedge more of their production.
Back to work
Work resumed on the Coastal GasLink pipeline this week, amid opposition from some chiefs of a local First Nation in British Columbia.
Pipeline in play
Williams has brought its Gateway Expansion project in New Jersey, part of the Transco system, into full service roughly 11 months ahead of schedule.
Cutting capex
Shale producer Range Resources announced this week that it was reducing its capital expenditure budget for 2020 to about $520mn.