Page 1 - NorthAmOil Week 37 2021
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Issue 671 16•September•2021 Week 37
Lower carbon
Chevron will more than triple its planned spending on lower-carbon energy
to $10bn by 2028, but is not yet ready to adopt a net-zero target.
Pipeline purchase
Suncor Energy and eight indigenous communities are acquiring TC Energy’s
15% interest in the Northern Courier Pipeline Limited Partnership.
After Ida
Refiners on the US Gulf Coast have continued to assess the damage from
Hurricane Ida, make repairs and bring facilities back online.
Buyback programme
Diamondback Energy has accelerated plans to return 50% of its free cash
flow to shareholders, bringing them forward to the fourth quarter of 2021.