Page 1 - NorthAmOil Week 05 2021
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Issue 639 04•February•2021 Week 05
Super-major moves
ExxonMobil and Chevron have announced their quarterly results, while
reports have also surfaced of abandoned merger talks between the two.
unnel vision
T
Michigan regulators have approved the construction of the underground
tunnel that would house Line 5, thought the pipeline’s future is uncertain.
Cenovus’ spending
Canada’s Cenovus Energy has said it will spend CAD2.3-2.7bn ($1.8-2.1bn)
this year, and that its top priority will be debt reduction.
Carbon-neutral cargo
Occidental Petroleum’s low-carbon division had delivered a cargo of carbon-
neutral crude oil to Reliance Industries Ltd in India.
