Page 1 - NorthAmOil Week 08 2022
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Issue 692 24•February•2022 Week 08
Regulatory shake-up
The US Federal Energy Regulatory Commission has agreed to overhaul the
certification process for new natural gas pipeline projects.
Budget surplus
The province of Alberta is expecting a budget surplus in the 2022-23 fiscal
year as rising oil prices and growing production boost resource revenue.
Starting up
BP announced the start-up of the Herschel expansion project in the US Gulf
of Mexico on February 22.
Cleaner energy
Two separate announcements made by Chevron illustrate the super-major’s
increasing focus on cleaner forms of energy.
