Page 1 - NorthAmOil Week 48 2020
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Issue 632 03•December•2020 Week 48
Shifting focus
Certain major US shale producers are sharpening their focus on natural gas
production on a stronger outlook for gas prices than for oil.
Ups and downs
The fight over Enbridge’s Line 5 has intensified in Michigan, while regulators
in Minnesota issued the final permit required for the Line 3 replacement.
Write-down
ExxonMobil has unveiled reduced spending plans for the coming years, as it
warned of write-downs worth $17-20bn on assets across the Americas.
GHG target
Shale producer Pioneer Natural Resources has formally adopted targets for
reducing its greenhouse gas emissions over the coming decade.
