Page 1 - NorthAmOil Week 25 2022
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Issue 709 23•June•2022 Week 25
LNG advances
The US LNG industry continues to take strides forward, with an FID on the
Corpus Christi LNG terminal expansion and more offtake agreements.
No longer profitable
The Canadian government-owned Trans Mountain oil pipeline is no longer
profitable as a result of cost overruns and delays to its expansion project.
Permian acquisition
Targa Resources has struck a deal to buy Lucid Energy from Riverstone
Holdings and Goldman Sachs Asset Management for $3.55bn in cash.
ax holiday
T
US President Joe Biden has called for Congress to suspend federal gasoline
and diesel taxes for three months amid soaring average gasoline prices.
