Page 1 - NorthAmOil Week 24 2021
P. 1
Issue 658 17•June•2021 Week 24
Lifeline
Suncor Energy has tentatively agreed to increase its stake in the Terra Nova
project offshore Newfoundland and Labrador, offering a lifeline to the field.
Permit upheld
The Minnesota Court of Appeals has upheld a state regulator’s approval for
Enbridge’s Line 3 oil pipeline replacement project.
Potential sale
Royal Dutch Shell is reportedly weighing a sale of some or all of its assets in
the US’ Permian Basin.
Biden blocked
A federal judge has blocked US President Joe Biden’s moratorium on new oil
and gas leasing on federal land and in federal waters.