Page 1 - NorthAmOil Week 26
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Issue 610 02•July•2020 Week 26
Bankruptcy filing
Chesapeake Energy’s much-anticipated bankruptcy filing has been
announced, with two other shale drillers also filing.
Partial restart
Canada’s Enbridge has been given permission by a judge in Michigan to
reopen part of the damaged Line 5 in the Straits of Mackinac.
Changing hands
Officials in Alaska have approved part of the sale of BP’s portfolio in the state
to privately owned Hilcorp Energy.
New benchmarks
Two leading oil price reporting agencies have launched new oil benchmarks
to reflect the price of US Gulf Coast-traded crude on tankers.