Page 1 - NorthAmOil Week 24
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Issue 608 18•June•2020 Week 24
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Leading Canadian oil sands companies have delayed around $1.3bn in green
initiatives as they seek to cut costs during the market downturn.
Pipeline victory
A Supreme Court ruling has been hailed as a breakthrough for the Atlantic
Coast pipeline, and also bodes well for the stalled Mountain Valley project.
Delaying start-up
ExxonMobil is reportedly delaying the start-up of an expansion at its
Beaumont refinery on the Gulf Coast by a year owing to depressed demand.
Second plant
Venture Global LNG has been authorised by regulators to proceed with
limited site preparation for its Plaquemines LNG project in Louisiana.