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A slow and painful recovery 4
COMMENTARY
Canada’s offshore industry struggles to stay afloat 9
Rigs sink but prices stay buoyant as WTI June contract expires 11 PIPELINES & TRANSPORT
Keystone XL becomes US election issue following Biden pledge 13 INVESTMENT
NextDecade confirms FID delay on Rio Grande LNG 14 PERFORMANCE
Halliburton slashes dividend by 75% in response to oil price crash 15 POLICY
Continental seeks relief in North Dakota 15 PROJECTS & COMPANIES
Shell, Pieridae to try licence transfers again 16 South African oil storage capacity draws interest from US companies 16
NEWS IN BRIEF 17 OUR CUSTOMERS 20
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Week 20 21•May•2020 w w w . N E W S B A S E . c o m P3
