Page 1 - NorthAmOil Week 45 2021
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Issue 679            11•November•2021                      Week 45






                    ™      Climate positions


                            The leaders of the US and Canada have sought to position themselves as
                            taking a tough line on decarbonisation at the COP26 summit.


                    ™      Storm surge


                            Canadian Natural Resources Ltd has struck a deal to acquire Montney shale
                            gas producer Storm Resources in a deal worth $762mn.

                    ™      Eagle Ford exit


                            India’s Reliance Industries Ltd is exiting the US shale industry via a sale of its
                            assets in the Eagle Ford play in Texas to Ensign Natural Resources.

                    ™      Holding back


                            The administration of US President Joe Biden has denied reports that it has
                            been considering shutting down Enbridge’s Line 5 pipeline.
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