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.
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