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.