Page 1 - NorthAmOil Week 35 2022
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Issue 719            01•September•2022                     Week 35






                    ™      Budget boost


                            The Alberta government has said it anticipates a far larger budget surplus
                            than previously expected thanks in part to higher oil prices.


                    ™      reaty invoked
                            T

                            The Canadian government has once again invoked a 1977 pipeline treaty in a
                            bid to avoid the shutdown of Enbridge’s Line 5 pipeline.

                    ™      Asset sales


                            ExxonMobil has struck a deal to sell its Fayetteville shale assets in Arkansas
                            to Flywheel Energy and has separately agreed to sell its share in Aera Energy.

                    ™      Another expansion


                            Cheniere Energy has outlined plans to add further capacity to its Corpus
                            Christi LNG terminal, beyond the expansion now under construction.
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