Page 1 - NorthAmOil Week 49 2022
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Issue 733 08•December•2022 Week 49
Raising capex
Canada’s leading oil producers have unveiled plans to step up capital
spending in 2023 as rising costs continue to pose a challenge for the industry.
Stopping sales
The administration of US President Joe Biden wants to stop sales from the
country’s Strategic Petroleum Reserve ahead of refilling it.
Offtake agreement
Sempra has announced an offtake agreement with France’s Engie for LNG
volumes from its proposed Port Arthur LNG facility.
Another delay
The restart of Freeport LNG has again been delayed, this time until the end
of December from the middle of the month previously.
