Page 1 - NorthAmOil Week 02 2022
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Issue 686 13•January•2022 Week 02
Improved outlook
CNRL’s newly announced capital expenditure budget increase for this year
illustrates the more favourable investment outlook for oil sands.
Midstream acquisition
Enterprise Products Partners has agreed to acquire Navitas Midstream
Partners from an affiliate of Warburg Pincus for $3.25bn.
Shale sale
ExxonMobil and its Canadian affiliate, Imperial Oil, have said they will
market the interests in their Canadian shale business.
Alaska reversal
US President Joe Biden’s administration has said it will reverse predecessor
Donald Trump’s move to open up part of the NPR-A to oil and gas leasing.
