Page 1 - NorthAmOil Week 04 2021
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Issue 638 28•January•2021 Week 04
Federal leasing
US President Joe Biden has announced a moratorium on new oil and gas
leasing on federal land and in federal waters in a bid to slow climate change.
In the spotlight
The demise of Keystone XL means that other pipeline projects providing
takeaway capacity from Canada’s oil sands have assumed greater importance.
Bakken bet
Enerplus announced this week that it had agreed to buy Wlliston Basin-
focused Bruin E&P HoldCo. for $465mn.
Road to recovery
Oilfield services firms Schlumberger and Baker Hughes have both reported
better-than-expected results for the fourth quarter of 2020.
