Page 1 - NorthAmOil Week 05 2023
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Issue 739 02•February•2023 Week 05
LNG SPAs
US LNG continues to attract buyers amid Europe’s pivot away from Russian
gas, tight global supply and rising demand.
Output growth plans
Canadian producer Imperial Oil has various oil sands expansion projects on
its radar in Alberta that it is planning to develop in stages.
Super-major profits
The US’ two largest oil companies, ExxonMobil and Chevron, have posted
record profits for the fourth quarter of 2022.
Fort Hills stake
A subsidiary of France’s TotalEnergies, is purchasing an additional 6.65%
interest in the Fort Hills oil sands project in Alberta.
