Page 1 - NorthAmOil Week 23 2021
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Issue 657                10•June•2021                      Week 23






                    ™     ™Consolidation continues


                            The wave of consolidation sweeping the US oil and gas industry shows no
                            sign of slowing, with yet more new deals announced in recent days.


                    ™     ™Officially cancelled


                            TC Energy has officially cancelled its Keystone XL oil pipeline, which had
                            already been effectively killed off by US President Joe Biden in January.

                    ™     ™akeover battle
                            T

                            A battle to take over Canada’s Inter Pipeline has escalated between Pembina
                            Pipeline and Brookfield Infrastructure Partners.

                    ™     ™Net-zero alliance


                            Five major Canadian producers have formed an alliance that will aim to
                            achieve net-zero greenhouse gas emissions from the oil sands by 2050.
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