Page 1 - NorthAmOil Week 43 2022
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Issue 727              27•October•2022                     Week 43






                    ™      Service firms’ profits


                            Oilfield services firms SLB, Halliburton and Baker Hughes beat analyst
                            forecasts with their third quarter, buoyed by a pick-up in drilling activity.


                    ™      Stake sale


                            Canadian miner Teck Resources will sell its stake in the Fort Hills oil sands
                            project to Suncor Energy for $737mn.

                    ™      Downstream deal


                            ExxonMobil has agreed to sell its refinery in Billings, Montana, to Par Pacific
                            Holdings for $310mn.

                    ™      Methane report


                            Super-major Chevron has published a methane report detailing its approach
                            to detecting, measuring and reducing methane intensity.
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