Page 1 - NorthAmOil Week 40 2021
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Issue 674 07•October•2021 Week 40
Call for help
The Canadian Association of Petroleum Producers has asked the Canadian
government to fund 75% of carbon capture and storage costs.
Closing deals
Two major M&A deals between shale producers have closed in recent days,
against the backdrop of a slowdown in the wave of industry consolidation.
Dispute escalation
The Canadian government has invoked the 1977 Transit Pipelines Treaty
amid a dispute over Enbridge’s Line 5 pipeline with the State of Michigan.
Refinery investment
BP announced this week that it would invest $269mn into three projects in
its Cherry Point refinery in Washington State.
