Page 1 - NorthAmOil Week 05
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Issue 589 05•February•2020 Week 05
Investment up
A Canadian industry group has projected that investment into Alberta’s oil sands will rise this year, for the rst time since oil prices collapsed in 2014.
Mainline standoff
Pipeline operator Enbridge last week said that opponents of its plan to make its Mainline system contract-based may be stalling for time.
Stranded gas
Edge LNG had been contracted by a Marcellus shale producer to capture and liquefy gas from its stranded wells in Pennsylvania’s Tioga County.
Weaker performance
Chevron and ExxonMobil have both reported weaker earnings for the fourth quarter of 2019 compared with the same period of 2018.
