Page 1 - NorthAmOil Week 48 2022
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Issue 732 01•December•2022 Week 48
Losing momentum
US tight oil output from shale formations continues to rise for now, but there
are longer-term uncertainties over the industry’s future.
Expansion plan
Canada’s TC Energy has received approval from Ottawa to expand its Nova
Gas Transmission Line gas pipeline system.
Alaskan auction
The administration of US President Joe Biden is planning to offer oil and gas
acreage in Alaska’s Cook Inlet in an auction this month.
CCS partnership
Enbridge and Oxy Low Carbon Ventures will work towards jointly
developing a carbon dioxide pipeline and sequestration hub in Texas.