NorthAmOil Week 26
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Issue 560 04•July•2019 Week 26
Frozen assets
e Alaska LNG plan is making regulatory progress, but the price tag is too high.
Services struggle
Weatherford International has led for bankruptcy protection, showing how tough the operating environment remains for the oil eld services sector.
Midstream move
UGI Energy Services has struck a deal to buy Columbia Midstream Group’s equity interests from a subsidiary of TC Energy for around $1.28bn.
Train in vain
e Alberta government is making moves to ease provincial oil output restrictions and to sell its crude-by-rail programme to the private sector.