Page 1 - NorthAmOil Week 24 2021
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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.
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