NorthAmOil Week 37
P. 1
Issue 571 17•September•2019 Week 37
Long train running
Alberta is considering allowing producers to exceed the province’s output restrictions if they are able to ship the additional barrels by rail.
US response
The US may release crude from its Strategic Petroleum Reserve after an attack on oilfield facilities in Saudi Arabia knocked out 5.7mn bpd of output.
Cutting down
Conglomerate GE has offloaded another portion of its stake in Baker Hughes, taking its interest in the oilfield services company to below 50%.
Gas supply deal
Subsidiaries of LNG exporter Cheniere Energy have struck long-term gas supply agreements with shale producer EOG Resources.
