Page 1 - NorthAmOil Week 19 2022
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Issue 703 12•May•2022 Week 19
Profits and problems
Canada’s leading oil sands producers have posted major increases in profits
thanks to high oil prices, but still have various challenges to contend with.
Expediting exports
The Canadian government is in talks to see whether it can help expedite two
proposed LNG export terminals on the country’s East Coast.
Offtake agreements
US-based Venture Global LNG has struck separate sale and purchase
agreements with ExxonMobil LNG Asia Pacific and Malaysia’s Petronas.
Proposal rejected
ConocoPhillips shareholders have voted to reject a proposal to include Scope
3 emissions in the company’s overall emission reduction targets.
